Business
BTU Acquires New Dixie East Project East of Great Bear's Dixie Deposit Kinross Continues Drilling on BTU's Dixie Halo Property
VANCOUVER, BC / ACCESS Newswire / September 30, 2025 / BTU METALS CORP. ("BTU" or the "Compan...
About this update from Btu Metals Corp
[{"type":"text","content":"BTU Acquires New Dixie East Project East of Great Bear's Dixie Deposit Kinross Continues Drilling on BTU's Dixie Halo PropertyVANCOUVER, BC / ACCESS Newswire / September 30, 2025 / BTU METALS CORP. (\"BTU\" or the \"Company\") (TSXV:BTU)(OTCQB:BTUMF) is pleased to announce it has acquired a 100% interest in the Dixie East property located 5.5 km to the east of the Kinross World Class Great Bear (\"GBR\") Dixie project, southeast of Red Lake, Ontario.New Dixie East Project Acquisition (100% interest) Highlights:Acquiring 100% interest in large land package just east of the Kinross Great Bear Dixie ProjectCovers nearly 10 km of the east trending interpreted structural trends now known to host the World Class Great Bear Gold Dixie gold deposit and is virtually unexplored for LP Fault style gold mineralizationNo drilling in the area of the new Dixie East project in the past 30 years and then only for base metals near east limit of the propertySimilar geological units to those related to the GBR mineralization as well as similar deformation reported in limited drilling reported in the early 1990sFelsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veins and sulphide mineralization including reported zinc and copper values on and proximal to the Dixie East project claimsThe main host at GBR Dixie, the LP Fault extension (Kinross latest public Presentation) shows the structure extending to the GBR east boundary and further east along trend to the Dixie East property. Other Properties in which BTU holds a royalty located are located within 4.5km to the west of the Dixie East projectFurther updates will be provided as a geological model for Dixie East is developed.Initial work planned to commence on approval of the transactionPaul Wood, CEO, commented: \"We are excited to have just acquired a new significant gold exploration project not far from the east end of the Great Bear project in an area that we think may include the easterly extension of some of the underexplored large-scale structures related to the LP Fault gold mineralization as well as other regional structures that have gold potential. We are also pleased to see Kinross making good progress on their initial drilling program on our Dixie Halo project and are looking forward to informing the market as results come in.\"Terms of the Dixie East Transa...