BTU Provides Update ON Recent Activities and Future Plans
Suite 1240, 789 West Pender St. Vancouver, British Columbia
Phone: 604-683-3995 Toll Free: 888-945-4770 Fax: 604-683-3988
BTU PROVIDES UPDATE ON RECENT ACTIVITIES AND FUTURE PLANS
September 20, 201 8, Vancouver, BC , Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU -
TSX:V) wishes to provide the following corporate update on its activities in both Ontario and Ireland.
Dixie Halo Project, Red Lake, Ontario
The recently acquired Dixie Halo project (1,514 hectares adjoining the northern and eastern b oundaries of Great
Bear Resources Corp.’s (GBR – TSX:V) Dixie Project) is now being prepared for an upcoming maiden
reconnaissance visit by Company personnel in the coming weeks. Compilation of all available data is underway to
assist the field team pinpoint high priority targets for this initial mapping and sampling expedition.
Burnthut, Northwestern Ontario
Also recently acquired, the Burnthut property is located east, and northeast, of First Mining’s current regional drill
area, and covers all of the historic gold occurrences on Burnthut Island in Lake Minnitaki. Due to the close proximity
to Dixie Halo, this project will also undergo an initial site visit in the coming week s. The compilation at Burnthut
is much further advanced given the supply of historic data obtained by BTU, including historic drill program results
yielding up to 35 g/t over 0.6m (see PR Sept 5). Company geologists are eager to commence work at defining drill
targets, potentially as early as this winter which allows beneficial logistics over the ice on Lake Minnitaki.
Shakespeare, Webbwood, Ontario
The Company has completed a 4 hole drill program to test targets across the 1.5 km IP anomaly which runs through
the historic mine shaft at its Shakespeare Gold project located near Sudbury. The historic mine produced a reported
2,959 ounces of gold at a grade of 0.33 g/t. Core from the recent drill program has been logged, split and select
samples sent to Actlabs in Timmins, Ontario. Results are pending.
Ireland
BTU has put the Galway drill program on hold for the near future. Recently, BTU has been informed by the
Exploration and Mining Division of the Department of Communications, Climate Action and Environment of the
Republic of Ireland that a legislative problem has been identified in the environmental screening determination of
mineral exploration drilling applications. This has led to an effective moratorium on new drilling permits being
issued to mineral explorers throughout the Republic. The department is actively looking for solutions.
CEO Paul Wood states “Given the situation in Ireland we are extremely pleased to have been able to locate our two
new projects in two exciting Canadian camps in an effort to continue to work towards b uilding shareholder value.
While we expect the Ireland issue to be resolved, at which time we will revisit our pending Galway drill program
on this highly prospective 160 km2 property , we now have exciting new prospects locally to seek out new
discoveries for our loyal shareholders.”
Mr. Douglas Hunter, P.Geo, is the qualified person as defined by National Instrument 43 -101 who has examined
and described the geological information available from public sources related to the property. and is responsible
for reviewing and approving the technical contents of this press release.
About BTU Metals Corp
BTU Metals is a Canadian -based junior exploration company focused on developing its Galway Gold project
located in Ireland and its growing portfolio of properties in Ontario. For more information on BTU Metals Corp.
please visit our website located at www.btumetals.com.
ON BEHALF OF THE BOARD
“Paul Wood”
Paul Wood, CEO, Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future
performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s
current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned
that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause
future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as
required under applicable securities legislation, the Company does not assume any ob ligation to update or revise them to reflect new
events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements
and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).