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BTU Metals Corp V.BTU

Alternate Symbol(s):  BTUMF

BTU Metals Corp. is a Canada-based junior mining exploration company. The principal business of the Company is the exploration of mineral properties. The Company's main assets are the Dixie Halo Project located in Red Lake, Ontario immediately adjacent to the Great Bear Project and the Echum and Hubcap properties in the active Wawa gold district. The Echum and Hubcap properties cover more than 750 mining claims over a total of 16,048 hectares. The Company also has an option agreement to acquire 70% interest in and to over 757 mining claims (12 boundary cell mining claims, three multi-cell mining claims, and 742 single cell mining claims) in the Kenora District of Ontario.


TSXV:BTU - Post by User

Bullboard Posts
Comment by SuneeDazeon Dec 29, 2019 1:25pm
337 Views
Post# 30499000

RE:Next news

RE:Next newsWell, with a new trading week to start…and a new year, potential catalysts that BTU shareholders are waiting for include:
 
**  Obviously follow up holes (19-24) that were drilled in the TNT zone.  Remember, the company stated (and showed) that discovery hole 13 was on the periphery of the zone.  Hole 13 one more time intersected 44 m of copper/silver/gold mineralization including 1.2 m of 5.5% copper, 99.6 g/t silver and 0.4 g/t gold as well as 7.2 m grading 1.43% copper, 30.6 g/t silver and 0.42 g/t gold
 
As investors are aware, the company already stated that every follow up hole contained copper mineralization as well as visual zinc, lead and moly. **
 
** SGH survey results…an SGH survey proved highly effective to GBR in detecting golds in soil from bedrock on their Dixie property.  Any anomalous gold values detected in the survey will undoubtedly be another boost to the sp.  There’s potential here for a polymetallic VMS deposit AS WELL AS a gold deposit (depending on future exploration success of course)
 
** GBR!!!  With GBR extending their drill program to 200,000 m,  BTU could benefit as well.  GBR has stated their commitment to drilling the entire LP Fault.  Should they continue to experience success right to our border, we will undoubtedly benefit from heightened speculation…and combined with SGH results, could be quite pleasant.
 
That’s it for now.  Enjoy the last week of 2019, BTU holders…and how could you not?  Should the company experience continued success in 2020, it could prove to be even better (from an investment perspective).
 
Have a good day!

Bullboard Posts