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BTU characterizes the area as largely unexplored for LP Fault-style gold mineralization, noting a lack of drilling activity for over 30 years. Geological indicators present include felsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veining, and sulphide mineralization. The company plans to initiate reconnaissance activities and formulate a comprehensive geological model in the coming weeks.
BTU descrive l’area come praticamente inesplorata per la mineralizzazione aurifera di stile LP Fault, con nessuna perforazione in oltre 30 anni. Indicatori geologici citati includono tufiti felsiche, scisti sericitici, unità di porfiroide quarzo-feldspatro, scorrimento/strain, vene di quarzo e mineralizzazione di solfuri. L’attività di riconoscimento iniziale e un modello geologico completo sono previsti di iniziare nelle prossime settimane.
BTU describe la zona como prácticamente inexplorada para la mineralización de oro al estilo LP Fault, sin perforación en más de 30 años. Los indicadores geológicos citados incluyen tufos félsicos, esquistos sericiticos, unidades porfiricas de cuarzo y feldespato, cizalla, venas de cuarzo y mineralización de sulfuros. El reconocimiento inicial y un modelo geológico integral están previsto para comenzar en las próximas semanas.
BTU는 이 지역이 LP Fault 스타일의 금 광상에 대해 사실상 미탐사이며 30년 이상 시추가 없다고 설명합니다. 언급된 지질 지표로는 페실릭 턱층, 석영-세리사이트 편암, 석영-장석 포로히드 단위, 전단, 석영 벌인, 황화물 광상 등이 있습니다. 초기 정찰과 포괄적인 지질 모델은 다가오는 주에 시작될 예정입니다.
BTU décrit la zone comme pratiquement inexplorée pour la minéralisation aurifère de style LP Fault, sans forage depuis plus de 30 ans. Les indicateurs géologiques cités incluent des tufs felsiques, des schistes séricitiques, des unités de porphyre quartz-feldspath, le cisaillement, les veines de quartz et la minéralisation sulfureuse. La reconnaissance initiale et un modèle géologique global sont prévus pour commencer dans les semaines à venir.
BTU beschreibt das Gebiet als praktisch unerforscht für LP Fault-Stil Goldmineralisierung, mit keinerlei Bohrungen in über 30 Jahren. Genannte geologische Indikatoren umfassen felsische Tuffs, Sericit-Schiefer, Quarz-Feldspat- Porphyr-Einheiten, Verformung/Schersung, Quarzadern und Sulfidmineralisierung. Erste Erkundung und ein umfassendes geologisches Modell sollen in den kommenden Wochen beginnen.
وصف BTU للمنطقة بأنها غير مستكشفة بشكل فعلي لتمييع الذهب على نمط LP Fault، مع عدم وجود حفر منذ أكثر من 30 سنة. المؤشرات الجيولوجية المذكورة تشمل التوفات الفلسية، escites sericit، وحدات بروفيرو معدنية من كوارتز-فلدسبار، التشوه، عروق كوارتز، وتواجد معادن الكبريت. من المخطط أن يبدأ المسح الأولي ونموذج جيولوجي شامل خلال الأسابيع المقبلة.
BTU 将该区域描述为几乎未被勘探的 LP Fault 风格金矿化区，已有 30 多年未进行钻探。所引述的地质指标包括酸性凝灰岩、绢英片岩、石英-长石斑岩单元、剪切作用、石英脉以及硫化物矿化。初步勘探和综合地质模型计划在未来几周内开始。
Positive
- Acquired 100% interest in Dixie East Project
- Property spans nearly 10 km of east-trending structural trends
- Located immediately east of Kinross Great Bear Dixie Project
- No drilling in over 30 years — strong exploration upside
Negative
- Project is early-stage with no recent drilling limiting data for valuation
- Initial work planned but no binding exploration budget or timeline disclosed
10/27/2025 – 11:50 AM
Previous version submitted was incorrect and is being replaced with this version.
VANCOUVER, BC – BTU Metals Corp. (BTU-TSX:V)(BTUMF-OTC) announced the acquisition of a 100% interest in the Dixie East Project, a strategically located land package adjacent to Kinross Gold’s prominent Great Bear Dixie Project. The approval marks a potentially significant expansion of BTU’s exploration portfolio in a prolific gold region.
The Dixie East property covers a nearly 10-kilometer stretch of east-trending structural trends. These structures are now understood to host the world-class Dixie gold deposit. BTU notes that Dixie East is virtually unexplored for LP Fault-style gold mineralization. The company emphasizes the lack of drilling in the area for over three decades, further highlighting the region’s untapped potential. Previous exploration was limited to base metals at the property’s eastern edge.
Geological indicators mirror those found in the Great Bear deposit: felsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veining, and sulphide mineralization displaying zinc and copper values. According to Kinross’s public disclosures, the LP Fault, the primary host of mineralization at Great Bear, extends beyond its current eastern boundary, leading BTU to believe its deep-seated regional structures continue into the Dixie East claims. The company’s existing royalty holdings are positioned approximately 4.5 km west of Dixie East, which further leverages its exposure to the region.
BTU’s planned initial exploration activities will focus on developing a comprehensive geological model for the underexplored gold project. The methodical approach will include geological reconnaissance and advanced geophysical surveys to identify high-priority drill targets along the eastward extension of the LP Fault. This strategy is critical since early stage exploration without historical data require a targeted approach to optimize the efficiency of the drilling programs.
“We are very pleased to have added Dixie East into our portfolio of Ontario projects,” stated Paul Wood, CEO of BTU Metals. “Getting boots on the ground for an initial reconnaissance program is priority one now for the new project, and we anticipate this to commence in the coming weeks. With respect to our other Ontario properties, we look forward to the results of the initial Kinross drill program on our Dixie Halo properties once they have completed their work, as well as the results of our summer/fall work programs in Wawa.”
Broader Implications for Red Lake Gold District
BTU’s acquisition comes at a time when the Red Lake district is seeing increased investment and exploration activities. Kinross Gold’s ongoing development of the Great Bear project, combined with BTU’s strategic land position, further emphasizes the district’s potential to become an increasingly prominent gold-producing region, which could attract further capital to the region and boost investor confidence, potentially driving valuations higher across the board.
Qualified Person
Bruce Durham, P. Geo., VP Exploration of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this press release.
FAQ
What did BTU Metals announce about the Dixie East Project on October 27, 2025?
BTU announced approval to acquire a 100% interest in the Dixie East Project located immediately east of Kinross’s Great Bear Dixie Project.
How large is the Dixie East Project acquired by BTU Metals (BTUMF)?
The Dixie East property spans nearly 10 kilometers of east-trending structural trends.
How close is BTU’s Dixie East Project to Kinross Gold’s Great Bear Dixie Project?
Dixie East is located immediately east of the Great Bear Dixie Project and BTU holds royalties about 4.5 km west of Dixie East.
Has the Dixie East area been previously drilled before BTU’s acquisition?
According to BTU, the area has seen no drilling in over 30 years and prior work was limited to base metals exploration at the eastern edge.
What geological indicators did BTU report at the Dixie East Project?
BTU cited felsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veining, and sulphide mineralization with zinc and copper values.
When will BTU begin fieldwork at the Dixie East Project (BTUMF)?
BTU said initial reconnaissance is priority one and is expected to commence in the coming weeks following the acquisition approval.
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