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BTU Metals Corp.
Summary
| Project: | Dixie Halo | |
|---|---|---|
| Deposit: | TNT | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 3/18/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-3-2020: BTU Metals Corp. announces an Exploration/Drilling Update report for its TNT deposit at the Dixie Halo project. Drilling results incl. 173m @ 0.05g/t Au, 5.7g/t Ag, 0.26% Cu from 182m. March 18th , 2020, Vancouver, BC, Canada – BTU METALS CORP. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Durham (Internal) | |
| ABSTRACT: | March 18th , 2020, Vancouver, BC, Canada – 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 BTU19-21 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) | |
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