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BTU Commences Ground Program Aimed at Defining Drill Targets at Galway, Ireland
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2017) - BTU Metals Corp. (TSXV: BTU...
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[{"type":"text","content":"BTU Commences Ground Program Aimed at Defining Drill Targets at Galway, IrelandVancouver, British Columbia--(Newsfile Corp. - November 7, 2017) - BTU Metals Corp. (TSXV: BTU) (\"BTU\" or the \"Company\") reports it has commenced work at its Galway Gold property located in County Galway, Republic of Ireland. The company is targeting orogenic and low-sulphidation mineralization based on the following factors:Location within the Caledonian (Lower Paleozoic) orogenic zone.Favourable lithologies for metal precipitation (chemical traps) within the Dalradian Supergroup metasediments, e.g., graphitic schist, marble.Favourable source rocks for gold, e.g., arc volcanics and numerous cross-cutting faults, evidence for post-collision rifting and volcanism in the Silurian/Devonian in Ireland and neighbouring terranes. Known gold occurrences related to late cross-cutting fault structures, some of which shows textural evidence for near-surface boiling that affects precipitation of metals from solution, e.g., Bohaun Gold occurrence. About the Lee Occurrence The Lee occurrence lies within Prospecting Licence 2295 and is located 10km west of the Bohaun epithermal gold occurrence. A series of mineralized boulders were discovered by Ovoca Gold Exploration in the late 1980s. These boulders returned values of up to 195 g/t Au and 240 g/t Ag. Deep overburden sampling outlined a 1km long, NW trending lead-zinc-arsenic-silver-gold anomaly. Subsequent trenching located a tectonic breccia containing sulphides and gold values up to 12 g/t. The mineralized breccia is associated with a lamprophyre dyke intruded along a pre-existing shear zone (Ovoca Gold Exploration PLC, 1988). Additionally, Ovoca identified a second separate hydrothermal system on PL2295. In this system, gold values are associated with quartz porphyry intrusions in Dalradian rocks. Outcrop sampling of an exposed fault system yielded gold values between 3 and 5 g/t Au. Float samples of comparable material assayed up to 24.5 g/t Au (Ovoca Gold Exploration PLC, 1987). About the Dooros Occurrence The Dooros occurrence lies within Prospecting Licence 3145 and gold is reported from massive pyrrhotite mineralization hosted in an amphibolite unit. An historical sample taken from this area assayed by Anglo United Development Ltd. returned 1.3 g/t Au. Ennex reported the discovery of a 3000' (914.4 me...