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BTU Metals Announces 1,000 Meter Drill Program to Test Targets on Galway Property, Ireland
Vancouver, British Columbia (FSCwire) - BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) reports that the geological team has concluded its field visit to
About this update from Btu Metals Corp
[{"type":"text","content":"Vancouver, British Columbia (FSCwire) - BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) reports that the geological team has concluded its field visit to confirm findings on the Lee property in Galway, Ireland. Given (1) the Dalradian formation, (2) high grade gold rock samples at surface from an exposed vein and beyond (3) wide-spread positive soil samples containing gold, and (4) geologic and geophysical evidence to date point to a multiple vein-type structure; all of which point to a geologic setting similar to that which led to the discovery of the important Curraghinalt deposit in Northern Ireland. Highlights at Lee include: Historic 1 km anomaly of Au, As, Cr, Zn and Pb confirmed in soils with coincident elevated gold in numerous samples of float. Other soil anomalies are associated with multi-gram gold float indicating multiple source veins. Historic exposed vein showing with selected grab sample from bedrock returning 66.4 g/t Au, 247.0 g/t Ag, and 0.85% Pb. Note: selected samples are not representative of the mineralization hosted on the property. Newly discovered vein approximately 250 meters from the first Lee showing (see November 27, 2017 news release). Geophysical surveys (airborne and ground) further indicate interpreted multi-vein structure consistent with Dalradian supergroup hosting the numerous veins at Curraghinalt. (see January 30, 2018 news release). The technical team is spotting up to six drill holes targeting the exposed Lee vein and to test along the length of the soil and float anomaly. These drill holes are designed to confirm the structural interpretation of the known mineralization and to test for additional veins. “Based on all the positive indicators we are eager to get a drill program underway at our Galway Gold project in Ireland to test the continuity and scope of the Lee vein system.” stated BTU CEO Paul Wood. During the recent field work, other PLs were prospected and sampled. Concurrent with the announced drill program, further prospecting will be undertaken at Glenlusk and in the escarpment area to the East. Samples from the recent field work have been sent to an ALS lab located in Ireland and will be press released upon receipt and interpretation. Doug Hunter, P.Geo, is the qualified person as defined by National Instrument 43-101 who has examined and described the mineral occurrence...