Star Metro - BTU Dixie East Project Approved

Spanning nearly 10 kilometres of east-trending structural trends now recognized to host the Tier 1 (I would say World Class - That is what K say) Dixie gold deposit, the Dixie East property remains virtually unexplored for LP Fault-style gold mineralization. Remarkably, the area has seen no drilling activity in over 30 years-and previous efforts were limited to base metals exploration at the eastern edge of the property. Geological indicators including felsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veining, and sulphide mineralization with reported zinc and copper values mirror those found in the mineralized zones at the Great Bear deposit. According to Kinross's latest public presentation, the LP Fault-the principal host of mineralization at GBR-extends beyond the current eastern boundary and the Caompany is convinced these deep seated regional structures continue through to the Dixie East claims. BTU also holds royalties on nearby properties located just 4.5 km west of Dixie East. With initial exploration activities being planned, the Company will provide ongoing updates as it advances the development of a comprehensive geological model for this highly prospective and underexplored gold project.

Paul Wood, CEO, commented: "We are very pleased to have added Dixie East into our portfolio of Ontario projects. Getting boots on the ground for an initial reconnaissance program is priority one now for the new project and we anticipate this to commence in the coming weeks. With respect to our other Ontario properties, we look forward to the results of the initial Kinross drill program on our Dixie Halo properties once they have completed their work, as well as the results of our summer/fall work programs in Wawa."

The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

Dixie East Project Location and Geological Context Showing Known and Interpreted Structural Features

Qualified Person

Bruce Durham, P. Geo., VP Exploration of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this press release.

About BTU

BTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.

ON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
[email protected]

BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

SOURCE: BTU Metals Corp.

View the original press release on ACCESS Newswire

F.Leblanc--SMC