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BTU Metals Discovers New Vein System at Galway Gold Property in Ireland
Vancouver, British Columbia (FSCwire) - BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) reports the following exploration program update for the Company's
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 the following exploration program update for the Company's Galway Gold property. The Exploration Team is currently conducting geological mapping, sampling, prospecting, as well as Magnetometer, and Ground Penetrating Radar (GPR) surveys at the Lee, Teernakill, Fooey, and Glenlusk target areas. At the Lee area, a new vein has been discovered approximately 250 meters from the Lee vein. The vein is trending northwest at right angles to the Lee vein and is associated with a fault structure that cuts the foliated schist. The mineralogy of the vein is similar to samples taken in the southeast portion of the Lee Valley which contains several locations where multi-gram gold samples have been found (see PR dated July 27, 2017). “The discovery of a new vein at Lee is very encouraging. We look forward to obtaining assays and the interpretation of geophysics from this current program in order to define drill targets for 2018.” stated Paul Wood, CEO of BTU. A 20 line kilometer grid has been surveyed over and extending from the previously identified areas of high-grade gold mineralization. Ground magnetometer surveys have been completed over the grid and a programme of high-density deep-overburden soil sampling is currently being carried out. Preliminary magnetometer results suggest an east-west trending lithology contact occurs parallel to Lee Creek and adjacent to the Lee vein showing, as well as several fault structures which coincide with north-south trending creek gullies. A ground penetrating radar survey has been permitted by the EMD on the Lee grid, and Terravision UK will begin this survey on November 27th, 2017. Terravision’s GPRPlus system is a state of the art method of overburden and bedrock surveying which is useful in identifying vein and fault structures in the Dalradian Group gold-bearing metamorphic rocks of Ireland. The historic Teernakill mine site is also undergoing further exploration. Ground magnetics surveys as well as geological mapping and sampling have been completed. At Teernakill, sulphide replacement zones consisting of massive and semi-massive pyrrhotite and chalcopyrite occur intermittently over a strike-length of approximately 500 meters and widths ranging between 1-4 meters. Several new areas of mineralizatio...