BTU METALS (BTUMF) acquired a 100% interest in the Dixie East property located 5.5 km to the east of the Kinross World Class Great Bear Dixie project, southeast of Red Lake, Ontario. New Dixie East Project Acquisition Highlights: Acquiring 100% interest in large land package just east of the Kinross Great Bear Dixie Project; Covers nearly 10 km of the east trending interpreted structural trends now known to host the World Class Great Bear Gold Dixie gold deposit and is virtually unexplored for LP Fault style gold mineralization; No drilling in the area of the new Dixie East project in the past 30 years and then only for base metals near east limit of the property; Similar geological units to those related to the GBR mineralization as well as similar deformation reported in limited drilling reported in the early 1990s; Felsic tuffs, sericite schists, quartz feldspar porphyry units, shearing, quartz veins and sulphide mineralization including reported zinc and copper values on and proximal to the Dixie East project claims ;The main host at GBR Dixie, the LP Fault extension shows the structure extending to the GBR east boundary and further east along trend to the Dixie East property. Other Properties in which BTU holds a royalty located are located within 4.5km to the west of the Dixie East project. In exchange for a 100% property interest in Dixie East, BTU has agreed to pay $26,400 cash, issue 500,000 BTU shares and grant a 1% NSR to the vendor on approval of the Transaction from the TSXV. The issued shares will be subject to normal course trading restrictions. Further updates will be provided as a geological model for Dixie East is developed. Initial work planned to commence on approval of the transaction
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