BTU Metals says drill program underway at Echum, Hubcap projects

BTU METALS (BTUMF) announces an update on exploration efforts at its’ 100% held Echum and Hubcap Projects. The projects comprise an extensive gold exploration project adjacent to Alamos Gold and also adjacent to Red Pine Exploration in the active Wawa gold area of northern Ontario. Echum Project: Completed six lines of Induced Polarization geophysical surveying in Q4 2024 over previously outlined airborne geophysical features of interest in the central part of the Echum project. Winter diamond drilling commenced in late 2024 at the Echum Project, testing targets outlined in 2023 and 2024 IP surveys. Drilling was initially commenced in late 2024 and was then restarted in early February after a break 5 separate targets were outlined from interpretation of geophysical surveys and geological data, 4 have been drilled and hole 5 is underway Core is being logged and will be sent for assay at the completion of the drill program Hubcap & Centennial Project: Hubcap surface sampling encountered anomalous gold results up to 6 g/t au near the boundary with Red Pine. Additional assay results are pending from samples located along trend of War Eagle in the Hubcap project boundary area. The high-grade War Eagle results were reported from an area approximately 700m from the Hubcap boundary.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue