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Mineral Exploration & Acqusition

BTU Metals

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In February 2023, BTU entered into a series of transactions with Kinross Gold Corporation that will strengthen the exploration effort on the significant properties of BTU in the Great Bear gold area southeast of the main Red Lake Gold camp area of northwestern Ontario. With these agreements, BTU is well-positioned to succeed in 2023:

30% stake in the 163.9 km2 Dixie Halo project once Kinross fulfills its $4.7M exploration obligations
60% stake in the 31 km2 Pakwash North project with an option to earn up to 80%
Strategic relationship with Kinross to establish next round of exploration at Dixie Halo
Actively seeking new projects to supplement our portfolio with $2,500,000 cash on hand as of Feb 2023