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BTU Metals Corp
Symbol BTU
Shares Issued 178,586,014
Close 2026-10-26 C$ 0.03
Market Cap C$ 5,357,580
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BTU Metals starts drill program at Hubcap

2026-10-26 18:05 ET - News Release

Mr. Paul Wood reports

BTU COMMENCES INITIAL DRILL PROGRAM ON HUBCAP PROJECT ADJACENT TO RPX IN WAWA

Drilling has commenced at BTU Metals Corp.'s 100-per-cent-owned Hubcap property located in Wawa, Ont. This initial program, designed to test high priority geophysical and surface result targets, will consist of approximately 1,200 metres over five to seven holes.

The property covers numerous surface gold occurrences and shear zones that exhibit strong carbonate sericite alteration that host quartz carbonate zones, and the area has been only sporadically explored since early in the 1900's but is now consolidated by BTU.

Paul Wood, chief executive officer, commented: "This is an exciting time for BTU shareholders as we commence drilling the gold targets at Hubcap and Centennial. We look forward to putting out updates on the program when available."

Qualified person

Bruce Durham, PGeo, vice-president, 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.

About BTU Metals Corp.

BTU Metals is a junior mining exploration company. BTU's primary assets are the Dixie Halo project located in Red Lake, Ont. (optioned to Kinross), immediately adjacent to the Kinross Great Bear project and its gold and critical minerals properties in the active Wawa gold district. The company has assembled a significant land package called Dixie East, East of the Great Bear project and the company's Dixie Halo project. The company continues to look to acquire high-quality exploration projects to add to its portfolio for the benefit of its stakeholders. The company has no debt and minimal property obligations.

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