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BTU Drill Program Underway at Echum Adjacent to Alamos Gold, Gold Values Encountered on Hubcap Property Near Red Pine Exploration
VANCOUVER, BC / ACCESS Newswire / February 18, 2025 / BTU METALS CORP. ("BTU" or the "Company...
About this update from Btu Metals Corp
[{"type":"text","content":"BTU Drill Program Underway at Echum Adjacent to Alamos Gold, Gold Values Encountered on Hubcap Property Near Red Pine ExplorationVANCOUVER, BC / ACCESS Newswire / February 18, 2025 / BTU METALS CORP. (\"BTU\" or the \"Company\") (TSX:V:BTU)(OTCQB:BTUMF) announces an update on exploration efforts at its' 100% held Echum and Hubcap Projects. The projects comprise an extensive gold exploration project adjacent to Alamos Gold Inc. (\"Alamos\") (AGI-TSX) and also adjacent to Red Pine Exploration (\"Red Pine\") (RPX-TSX-V) in the active Wawa gold area of northern Ontario (Figure 1).Figure 1: BTU's Wawa Properties and their proximity to Red Pine's Wawa Gold Project and Alamos' Island Gold District Wawa Projects Exploration Highlights - Fall & Winter ProgramsEchum Project:Completed six lines of Induced Polarization (IP) geophysical surveying in Q4 2024 over previously outlined airborne geophysical features of interest in the central part of the Echum project.Winter diamond drilling commenced in late 2024 at the Echum Project, testing targets outlined in 2023 and 2024 IP surveys. Drilling was initially commenced in late 2024 and was then restarted in early February after a break5 separate targets were outlined from interpretation of geophysical surveys and geological data, 4 have been drilled and hole 5 is underwayCore is being logged and will be sent for assay at the completion of the drill programHubcap & Centennial Project:Hubcap surface sampling encountered anomalous gold results up to 6 g/t au near the boundary with Red Pine (see table below)Additional assay results are pending from samples located along trend of War Eagle in the Hubcap project boundary area. The high-grade War Eagle results were reported from an area approximately 700m from the Hubcap boundary (see RPX PR, Nov 27, 2024).Table 1 outlines Hubcap surface sampling results that returned assays above 0.5 g/t Au.Figure 2 outlines the locations of the Hubcap surface sampling highlights.IP grid survey lines established in late 2024 are to be surveyed at both Hubcap and Centennial Properties in spring 2025.Table 1: Hubcap Surface Sampling Results Above 0.5 g/t Au.Sample IDEasting (m)Northing (m)Elevation (m)Rock TypeMineralizationAu (g/t)Ag (g/t)Cu (%)Pb (%)Zn (%)CertificateF4205026675455311759335Silicified Intermediate Metavolcanic with Quartz-Carbonate Veiningpy 1%...