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BTU Provides New Year Update, Sets Out Exploration Plan & Round 1 Drill Program for 2021
VANCOUVER, BC / ACCESSWIRE / January 5, 2021 / BTU METALS CORP. ("BTU" or the "Company") (TS...
About this update from Btu Metals Corp
[{"type":"text","content":"BTU Provides New Year Update, Sets Out Exploration Plan & Round 1 Drill Program for 2021VANCOUVER, BC / ACCESSWIRE / January 5, 2021 / BTU METALS CORP. (\"BTU\" or the \"Company\") (TSXV:BTU)(OTC PINK:BTUMF) today provides a corporate update and lays out its exploration plan including 1st drill program for early 2021 on its 200km2 Dixie Halo property in Red Lake, Ontario.Paul Wood, BTU CEO, said, \"2020 has been a year of steady progress for BTU Metals despite the challenges of the COVID-19 pandemic. We have been very active on the ground, collecting extensive data through drilling, sampling, and geophysical surveys - consequently, we saw some of our most promising results to date including visible gold in a recent drill hole. We start the year with one of our strongest cash positions in our history and are excited to follow up on a number of high-priority gold targets, as well as getting back to testing the TNT target to take advantage of an expert's geochemical-geophysical 3D interpretation of the polymetallic system.\"2020 - a RecapMost recently completed a 2,000 metre drill program over 12 holes targeting high-grade goldExpanded the major SW-NE gold structural trend to 15km with new discovery to the SW. (See PR dated December 7, 2020 - https://www.btumetals.com/?news=99)Identified multiple strong gold in till grain counts (See PR dated November 24, 2020 - https://www.btumetals.com/?news=95) over a broad area in the central part of the property.Visible gold was intersected in one hole in the recently completed group of drill holes in the central part of the property near the interpreted location of where the numerous high \"gold in till\" counts may have originated. Numerous other targets are slated for drill testing in the area for Q1 drillingEarlier in the year, received intriguing TNT follow up results in drill holes 25 and 41 which require more interpretation. (See PR dated March 18, 2020 - https://www.btumetals.com/?news=74). We anticipate more TNT follow-up this yearWelcomed additional strong investors to the BTU share registry, including Lichtenstein-based SSI Asset Management (See PR dated October 8, 2020 - https://www.btumetals.com/?news=90)At New Year, 2021Five (5) holes logged, cut and at the SGS lab in Red Lake, ON including BTU-20-53 with VG, gold assays expected early in the new yearFurther results from 2020 til...