BTU Drilling Update

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[{"type":"text","content":"BTU Drilling UpdateVANCOUVER, BC / ACCESSWIRE / May 10, 2022 / BTU METALS CORP. (\"BTU\" or the \"Company\") (BTU-TSX:V; BTUMF-OTCQB) today announces the completion of drilling of four holes (Figure 1), totalling 1299 metres, in an area immediately south of the Kinross Dixie-BTU border and adjacent to Dixie Creek, which trends northwest from the drilling area towards the LP fault mineralization approximately 2 km away. The holes are targeting an interpreted structure which forms a series of breaks in geophysical features extending toward the LP fault and following the trend of Dixie Creek. Paul Wood, BTU CEO, commented, \"The most recent holes drilled adjacent to Dixie Creek continue to provide further geological data in a completely overburden covered area. We know that splays off of gold-bearing fault structures in greenstone belts can contain significant gold deposits. We have seen strong alteration and areas with pyrite and arsenopyrite and await assays from the four recent holes. While we await results from the lab our geological team is reviewing our expanding database and prioritizing the next targets on our very large property.\"Figure 1: Collars and traces of the four recently completed drill holes, just south of the Kinross-BTU Metals border, and adjacent to Dixie Creek. The base maps show topography and the second vertical derivative of magnetics.Drill core from the four holes is currently being logged and sampled in Red Lake. Logging and sampling will be completed in the next two weeks. Geology of Tooth HolesThe rocks encountered in the drill program that have been logged to date range from metasediments in the north, into mafic to intermediate volcanics, and back to metasediments to the south. Strong to moderate shearing is ubiquitous. Quartz, quartz-carbonate, and calcite veins, veinlets and stringers are also ubiquitous, ranging from a few percent in most units and up to 25% in areas of stockwork veining. Alteration is variable, with many units exhibiting moderate to strong alteration. Alteration types observed include sericite, silicification, carbonate, chlorite, and biotite. Pyrite is the dominant mineralization seen in the drill holes, minor chalcopyrite also occurs in all holes, and minor arsenopyrite was noted in some holes.Pakwash Drill ProgramFour holes were drilled on the ice on Pakwash Lake in February, ...

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