BTU Metals Corp (TSE:BTU) has released an update.
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BTU Metals Corp. has announced that Kinross Gold Corporation, through its subsidiary Great Bear Resources Ltd., is advancing exploration on the Dixie Halo Project, which is adjacent to Kinross’s high-grade Great Bear gold deposit in Ontario. Kinross plans to continue expanding gold mineralization knowledge both down-dip and along strike, and is budgeting $85 million for 2024 development. The exploration includes a state-of-the-art airborne magnetic survey and re-logging of BTU drill cores to better understand the geology and plan for an initial drilling program pending government permits.
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