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BTU Metals Acquires Property East of Great Bear's World Class Dixie Gold Deposit and Their New Strider Gold Discovery
VANCOUVER, BC / ACCESS Newswire / May 13, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSX-V:BTU) (OTCQB:BTUMF) is pleased to announce it has signed an
About this update from Btu Metals Corp
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / May 13, 2026 / BTU METALS CORP. (\"BTU\" or the \"Company\") (TSX-V:BTU) (OTCQB:BTUMF) is pleased to announce it has signed an option to acquire a 100% interest in the Dixie East Block 2 property located approximately 30 km east of the Kinross 'World Class' Great Bear (\"GBR\") Dixie Project, southeast of Red Lake, Ontario. The claim package consists of 49 mining claims covering 2,450 acres approximately 2 kilometres northeast of the recently acquired Dixie East Project (see PR dated October 27, 2025), referred to as Dixie East Block 1 (See Figure 1). New Property Acquisition Highlights: Strategic Land Expansion in Tier-1 Red Lake District: Option to acquire a 100% interest in the Dixie East Block 2 claims, located approximately 30 km east of the Great Bear Dixie Project, further consolidating the Company's position near Canada's newest World Class gold discovery. District-Scale Upside Along Prospective Mineral Corridor: Newly acquired claims are underexplored and situated within the interpreted location of the same generally east trending structural corridor that hosts gold and base metal mineralization regionally, enhancing the broader exploration potential of the Dixie East Project and supporting a district-scale growth strategy. Recent Research Initiatives Identified Deep Regional Structures: cutting through the area, these structures include the host for gold at the Great Bear deposit - the LP fault - The actual data supporting the location of the LP (lithoprobe) structure was collected along Highway 105 roughly halfway between the Great Bear Gold Deposit and the Dixie East area.1 New scientific research: has determined the age of the Great Bear main gold mineralizing event to be much younger than the enclosing host rocks, highlighting the strong association of structure and the gold mineralization. The study also highlights the association of gold mineralization with highly deformed felsic intrusive rocks similar to those found in some historic drill holes in the Dixie East area. Kinross Discovers New Gold Mineralization: recently disclosed high grade gold results up to 215.4 g/t gold over 2.1 metres at a location called Strider, 2.4 kilometres east of the Viggo gold area and planned open pit, indicating the Great Bear gold mineralization is more extensive than previously known.2 Low-Cost...