BTU Acquires Two Extensive Gold Properties in the Active Wawa Gold District; The Echum Gold Project Adjacent to Alamos Gold and The Hubcap Gold Projec

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Algemeen advies 08/05/2024 13:57
May 7, 2024, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V BTUMF-OTC) announces it has entered into a purchase and sale agreement pursuant to which the Company will purchase, upon closing, a 100% interest in two large gold exploration projects in the active Wawa gold area of northern Ontario; the Echum Gold Project adjacent to Alamos Gold Inc. (TSX-AGI) and the Hubcap Gold Project adjacent to Red Pine Exploration Inc. (RPX-TSX:V).

Each of the projects covers areas of historic gold mineralization and neither project has been the subject of significant or comprehensive exploration in recent years. The Echum property is adjacent along trend of the Alamos Gold Inc. (“Alamos”) Island Gold Mine property and the Hubcap property is adjacent along the geological trend of the gold mineralization being drill tested extensively by Red Pine Exploration Inc. (“Red Pine”). see & read more on
https://www.btumetals.com/latest



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