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BTU.V ·

Drill Turning at BTU Metals Hiewall Lake Targets at Flagship Dixie Halo Properties

Corporate Updates

Suite 1240, 789 West Pender St. Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

DRILL TURNING AT BTU METALS HIEWALL LAKE TARGETS

AT FLAGSHIP DIXIE HALO PROPERTIES

October 27, 2021 Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-

TSX:V; BTUMF-OTCQB) today announces that the drill is now turning on its first Hiewall Lake targets

of the recently announced 2,200 metre drill program (October 18, 2021).

The targets relate to areas of noted and interpreted alteration and sulphide mineralization often

associated with gold mineralization in the area. The drill program is scheduled to continue for the next

several weeks and be complete by the Christmas break.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and

approved the technical information in this press release.

ON BEHALF OF THE BOARD

“Paul Wood”

Paul Wood, CEO, Director

[email protected]

FOR FURTHER INFORMATION, PLEASE CONTACT:

Andreas Curkovic, Investor Relations

Telephone 1-416-577-9927

BTU Metals Corp.

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 Venture

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 using information currently available to the Company.

Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they 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 obligation to update

or revise them to reflect new events or circumstances. All 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).