BTU Metals commences drilling new high priority targets at TNT area on Dixie Halo properties in Ontario
The drill targets have been defined using all available geological information as well as all available geophysical data including recently completed surveys Also, all newly developed geochemical data and analysis were used in the extensive re-interpretation of the area to develop the new targets
BTU Metals Corp (CVE:BTU) (OTCPINK:BTUMF) has announced that drilling is now underway and designed to test various new targets at the TNT area on the Dixie Halo properties near Red Lake, Ontario.
In a statement, the company said the drill targets have been defined using all available geological information as well as all available geophysical data including recently completed surveys.
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VANCOUVER, BC / ACCESSWIRE / May 11, 2021 / BTU METALS CORP. ( BTU or the Company ) (TSX:V:BTU)(OTC PINK:BTUMF) today announces the results of recently completed geophysical surveys and re-interpretation of various previously completed geophysical surveys as they relate to last year s TNT copper silver gold discovery in the Dixie Lake area near Red Lake, Ontario.
Highlights
TNT target - line 500S targets to be drilled immediately - two moderately to strongly conductive targets to be tested this month.
Both targets dip to the east and have conductivity values in the range of typical sulphide rich base metal mineralization.
The targets are interpreted to be more conductive than other areas of chalcopyrite pyrite mineralization intersected farther north on the TNT target.
BTU Metals says it is set to drill test two potential base metal targets at Dixie Halo property this month
The company s main asset covers 19,723 hectares and is contiguous with, and surrounds, Great Bear Resources Dixie project Winter geophysical surveys had also successfully identified new targets on the Pakwash North property that also warrant drill testing, BTU Metals said
BTU Metals Corp (CVE:BTU) (OTCPINK:BTUMF) has told investors it will be drill testing two potential base metal targets this month at the TNT copper silver gold discovery at the company s flagship Dixie Halo property in Ontario as it updated on exploration and the result of surveys at the Red Lake property.