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Historically Unexplored

Discovering Red Lake

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Dixie Halo

BTU Metals has been aggressively building its property position in Red Lake since it first acquired land in the area in August 2018. The Dixie Halo project now covers a total of 19,723 hectares of highly prospective ground with potential for many more new discoveries, 200 km2 of which is contiguous to Great Bear Resources (TSX-V: GBR).

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Dixie Halo

BTU Metals has been aggressively building its property position in Red Lake since it first acquired land in the area in August 2018. The Dixie Halo project now covers a total of 19,723 hectares of highly prospective ground with potential for many more new discoveries, 200 km2 of which is contiguous to Great Bear Resources (TSX-V: GBR).

Project Highlights

19,723 hectares of highly prospective land in Red Lake, Ontario, a safe established mining jurisdiction with economic access to all required infrastructure, resources and services

High potential for gold discoveries with multiple surface indications of gold mineralization on large land package contiguous with and surrounding Great Bear Resources with many key geological and structural trends crossing our common boundary

Ongoing till sampling programs targeting bedrock sources of gold mineralization

Drilling gold targets currently underway

Geochemical review underway at TNT discovery, where first phase of drilling found a large alteration system enriched in copper, silver, and gold, where follow-up state-of-the-art geophysical surveys revealed several large conductive targets which could be indicative of the presence of massive sulphides

Approx. 94 million shares outstanding and a compelling market cap of ~$20M

Gold Targets

The Gold In Till target is located along a structural trend that mirrors geology of the LP Fault discovery by Great Bear. Numerous till samples have been found containing high counts of gold grains and including pristine gold grains, indicating a nearby bedrock source of gold. Only a small area has been covered by till sampling so far.


The Dixie Creek target is bordered by Great Bear’s Dixie project to the north and east and is on trend with their LP Fault discoveries. A potential for high-grade gold is indicated through multiple lines of evidence, and a sampling program is underway targeting bedrock sources of gold mineralization.

Gold Targets

The Gold In Till target is located along a structural trend that mirrors geology of the LP Fault discovery by Great Bear. Numerous till samples have been found containing high counts of gold grains and including pristine gold grains, indicating a nearby bedrock source of gold. Only a small area has been covered by till sampling so far.


The Dixie Creek target is bordered by Great Bear’s Dixie project to the north and east and is on trend with their LP Fault discoveries. A potential for high-grade gold is indicated through multiple lines of evidence, and a sampling program is underway targeting bedrock sources of gold mineralization.

TNT Target

The polymetallic TNT target was discovered when assays revealed elevated copper, gold, and silver values. Geophysics, including ground IP and resistivity, as well as airborne VTEM and downhole electromagnetics are being used to ascertain the footprint of the target and to define additional drill targets.

Project Timeline

  • AEM & Mag - Fugro HELITEM Survey (2012)
  • Condor North Report
  • Complete project review

Historic Work

2018 BTU Programs

  • Prospecting & sampling
  • Drone flyover of key target areas
  • Selection of initial drill target area
  • Identification of two key target areas
  • ~5,000 m drilled
  • Geophysics: IP, VLF & Mag surveys
  • SGH soil sampling program
  • High-resolution drone magnetic survey
  • Secured two additional property deals

2019 BTU Programs

2020 BTU Programs

Gold Targets
  • Artificial Intelligence identified targets similar to GBR
  • Expended till sampling program underway
  • Drilling gold targets currently underway
TNT Target
  • First phase of drilling completed, scoping size and nature of discovery
  • Further geophysical surveys (IP, mag) on and around the target completed
  • Downhole and surface TDEM surveying completed, revealing multiple conductors
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