BTU Metals Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Paul Wood
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 1240, 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Dec 5, 2019
- Website
- btumetals.com
- Similar Companies
- Business
- BTU Metals Corp. is a Canadian-based junior mining exploration company engaged in the identification, acquisition, exploration, development, and evaluation of mineral properties primarily focused on gold deposits. Its main products and services include exploration and development of high-quality gold and critical mineral properties located mainly in Ontario, Canada, with a portfolio that includes flagship projects such as the Dixie Halo Project adjacent to Kinross Gold's Great Bear Project in Red Lake, the Dixie East Project, the Echum Project near Alamos Gold's Island Gold Mine, and the Hubcap property near Red Pine's Wawa Gold Project. The company conducts geophysical surveys, drilling programs, and mineral resource assessments to advance these exploration projects and maximize value. Founded in 2007 and headquartered in Vancouver, British Columbia, BTU Metals operates across regions including Ontario and Ireland, targeting the premium gold exploration market. Recent major changes include the acquisition of a 100% interest in the Dixie East Project in October 2025, which lies immediately east of Kinross Gold’s Great Bear Dixie Project, alongside continued collaboration with Kinross on an 8,000-meter drilling program on BTU's Dixie Halo property. The company also completed winter diamond drilling and extensive IP geophysical surveying on the Echum Project, revealing anomalous copper and zinc mineralization, and commenced exploration activities at the Hubcap property with promising gold assay results. Additionally, BTU Metals closed an oversubscribed private placement financing in late 2025, raising $885,000 to support exploration efforts. The company holds no debt and maintains a treasury of approximately $1.5 million to fund ongoing and new exploration opportunities. BTU Metals maintains strategic alliances, notably with Kinross Gold, and pursues value creation through the acquisition of new mineral projects and systematic exploration activities. The company’s business segments encompass gold and critical mineral exploration within the metals and mining industry. Its projects span prospective gold districts in Canada, emphasizing scalable and high-grade gold mineralization targets. The company continues to grow its mineral property portfolio to benefit stakeholders through focused exploration and development activities. This comprehensive profile reflects BTU Metals Corp.’s position as a junior exploration company with a focus on gold projects in North America, backed by recent acquisitive growth and active collaborations with established mining operators to unlock value in their mineral properties.
BTU Additional Details Regarding Recent Acquisition
BTU Expands Dixie East Project with Strategic Block 3 Acquisition Adjacent to Kinross Great Bear Project
BTU Acquires Property East of Great Bear's World Class Dixie Gold Deposit and Their New Strider Gold Discovery
BTU Closes Oversubscribed Financing
BTU Announces Financing
BTU Option Grant
Kinross to Initiate Two Phase 6,000-8,000 Metre Drill Program on BTU Dixie Halo Property Near Great Bear Property
BTU Metals Initiates Geophysical Program at Its Dixie East Property in Red Lake in Preparation for Drilling Drilling Planned for Three Ontario Gold Projects in 2026
BTU 2025 Highlights and Drilling Plans for Three Projects in 2026
BTU Announces Closing of Over Subscribed Flow Through Financing
BTU Announces Flow Through Financing
BTU Dixie East Project Approved
BTU Acquires New Dixie East Project East of Great Bear's Dixie Deposit Kinross Continues Drilling on BTU's Dixie Halo Property
Kinross Commences 8,000m Drilling Program on BTU's Dixie Halo Property Adjacent To Kinross' Great Bear Project
Kinross (Great Bear) to Commence Extensive Core Drilling Program on BTU Dixie Halo Project
BTU Drill Program Underway at Echum Adjacent to Alamos Gold, Gold Values Encountered on Hubcap Property Near Red Pine Exploration
BTU Announces Drill Program at the Echum Project, Adjacent to Island Gold District, Ontario
BTU Commences Exploration at Extensive Gold Properties Adjacent to Alamos Gold and Red Pine Exploration in the Active Wawa Gold District
BTU Option Grant
BTU Acquires Two Extensive Gold Properties in the Active Wawa Gold District; The Echum Gold Project Adjacent to Alamos Gold and The Hubcap Gold Project Adjacent to Red Pine Exploration