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BTU Reports Assays of 2.27% Copper Equivalent* Over 7.8 Metres at TNT Target
Key developments: New drilling at TNT intersects Volcanogenic Massive Sulphide ("VMS")...
About this update from Btu Metals Corp
[{"type":"text","content":"BTU Reports Assays of 2.27% Copper Equivalent* Over 7.8 Metres at TNT TargetKey developments:New drilling at TNT intersects Volcanogenic Massive Sulphide (\"VMS\") style mineralization with continuity now shown over a dip length of roughly 300 metres from surface and drill hole BTU-20-25 results indicate metal grades are higher and increase at depthAssay results include 2.27% CuEq* over 7.80 m within a very broad zone assaying 0.40% CuEq* over a core length of 147.0 m (see core photos at www.btumetals.com/core **)Downhole time domain geophysics and large loop surface time domain electromagnetic surveying is well underway pointing to additional high-quality targets towards the south. Final interpreted results are expected in early AprilDrilling continues on the Dixie Creek area gold targets** Note: core pictures are for general interest only and are selected samples. The pictures should not be considered to represent the entire mineralized interval.VANCOUVER, BC / ACCESSWIRE / March 18, 2020 / BTU METALS CORP. (\"BTU\" or the \"Company\") (BTU-TSX:V provides the following update on the Dixie Halo exploration work programs. Assay results from drill holes BTU-19-21 to 25, confirm the presence of a large alteration system at the TNT target. This alteration and associated mineralization which consists of varying amounts of pyrite and chalcopyrite, as well as minor amounts of sphalerite, galena and molybdenite is traceable using the induced polarization (\"IP\") geophysical technique as well as electromagnetic methods. From drilling, this mineralization is known to extend throughout the TNT trend as outlined using IP for at least 2.2 km.Survey information reviewed to date shows the TNT target covering an area from 200-500 metres wide (east-west) and extending for more than 2.2 km north-south and the target remains open along strike. Hole BTU-20-25 was drilled along the same east-west line as previously reported holes 13, 19, and 20 and this deeper hole shows continuity of mineralization that starts at surface in drill hole 19 and dips to the east with grades improving with depth (see Figure 1). Highlights from Hole 25 include 27.25 metres of 1.11% CuEq* and 7.80 metres of 2.27% CuEq* within a large envelope of mineralization extending for a core length of 173 metres. Hole 13 intercepted 44 m of 1.14% CuEq* including highlights of 5.56...