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BTU Metals Corp. has acquired two extensive gold properties in the Wawa Gold District, the Echum Gold Project adjacent to Alamos Gold and the Hubcap Gold Project adjacent to Red Pine Exploration. Each project covers historic gold mineralization areas in northern Ontario. The properties have no ongoing payments, net smelter royalties not exceeding 2%, and excellent infrastructure proximity. BTU CEO Paul Wood expressed excitement over the projects' potential and plans for exploration. The acquisition includes 763 mining claims over 16,048 hectares, with a consideration of CAD$25,000 and 5 million BTU treasury common shares.
