BTU Metals acquires Dixie East property

Mr. Paul Wood reports BTU ACQUIRES NEW DIXIE EAST PROJECT EAST OF GREAT BEAR'S DIXIE DEPOSIT KINROSS CONTINUES DRILLING ON BTU'S DIXIE HALO PROPERTY BTU Metals Corp. has acquired a 100-per-cent interest in the Dixie East property located 5.5 kilometres to the east of the Kinross world-class Great Bear Dixie project, southeast of Red Lake, Ont. New Dixie East project acquisition (100-per-cent interest) highlights: Acquiring 100-per-cent 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 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 (Kinross latest public presentation) shows the structure extending to the GBR east boundary and farther east along trend to the Dixie East property; other properties in which BTU holds a royalty located are located within 4.5 km to the west of the Dixie East project; Further updates will be provided as a geological model for Dixie East is developed; Initial work planned to commence on approval of the transaction. Paul Wood, chief executive officer, commented: "We are excited to have just acquired a new significant gold exploration project not far from the east end of the Great Bear project in an area that we think may include the easterly extension of some of the underexplored large-scale structures related to the LP fault gold mineralization as well as other regional structures that have gold potential. We are also pleased to see Kinross making good progress on their initial drilling program on our Dixie Halo project and are looking forward to informing the market as results come in." Terms of the Dixie East transaction In exchange for a 100-per-cent property interest in Dixie East, BTU has agreed to pay $26,400 in cash, issue 500,000 BTU shares and grant a 1-per-cent net smelter royalty to the vendor on approval of the transaction from the TSX-V. The issued shares will be subject to normal course trading restrictions. Kinross drilling on BTU option The drill program is well under way and is planned to include approximately 8,000 metres on various target areas identified as priority locations for potential gold mineralization (see BTU press release of May 20, 2025). 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 mineral properties in the active Wawa gold district. 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. We seek Safe Harbor.