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Page 1: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

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Page 2: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

16,640 ha of the number one mining jurisdiction in the world

Home to Europe’s largest zinc mine

Newly outlined 4.4 mil oz/Au deposit 140 km north of BTU Metals’ Galway Property

Companies currently active in Ireland include Teck, Lundin, Dalradian, Altius, Merrex and Boliden

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GALWAY GOLD PROPERTY OVERVIEW

Page 3: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

The 16,640 ha Galway property is part of the Dalradian Supergroup metasediments located in the mining friendly jurisdiction of the Republic of Ireland. The property is situated 45 km north-west of the city of Galway and 4 hours driving time from Dublin. The Galway project has been targeted for orogenic and low-sulphidation mineralization based on a number of key features:

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GALWAY GOLD LOCATION & KEY FEATURES

Located within the Caledonian (Lower Paleozoic) orogenic zone

Favorable lithologies for metal precipitation (chemical traps) within the Dalradian Supergroup metasediments, e.g., graphitic schist, marble

Fertile source rocks for gold, i.e., arc volcanics

Numerous large-scale fault zones, shears, and cross-cutting faults

Evidence for post-collision rifting and volcanism in the Silurian/Devonian in Ireland and neighbouring terranes

Known gold occurrences related to shear zones as well as late cross-cutting fault structures, some of which are suggestive of near-surface boiling

Page 4: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents
Page 5: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

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GALWAY GOLD MINERAL OCCURRENCES

The Lee occurrence is a high grade in situ gold occurrence with a coincident overlapping auger soil anomaly. Gold values of up to 66 g/t occur in qtz veins with associated galena, pyrite and minor chalcopyrite. Float samples as high as 195 g/t Au and 240 g/t Ag

Stream sample values up to 113 ppb Au

In situ grab samples of 49.6 g/t Au and 7.25 g/t Au

1 km Pb, Zn, As, Ag, Au pathfinder anomaly In Situ Results

1.5 g/t Au to 66 g/t Au

141.4 g/t Ag

LEE

LEE OCCURRENCE HIGH GRADE SAMPLE

DD 2017 Samples 49.6 g/t Au

7.25 g/t Au

Page 6: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

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GALWAY GOLD MINERAL OCCURRENCES

The Dooros occurrence hosts a 3000' anomalous Au zone with copper gold occurrence with strike lengths of up to 120' averaging 1.1% Cu and 5.6 g/t Au. Grab sample of 26.3 g/t Au and 3.73% Cu

DOOROS

DOOROS OCCURRENCE HIGH GRADE SAMPLE

0.5 g/t Au to 73 g/t Au from several trenches with channel samples of: 1.7m of 11.2 g/t Au

1.2m of 7.12 g/t Au

2.74m of 12.6 g/t Au

1.5m of 15.2 g/t Au

4.2m of 6.2 g/t Au

2.7m of 7.8 g/t Au

RESULTS TRENCHING*

RESULTS DRILLING*

*Results from Westland Exploration, 1988

DD 2017 Samples 26.3 g/t Au & 3.73% Cu

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GALWAY GOLD MINERAL OCCURRENCES

Several gold occurrences are located in the prolific Glenlusk area. Select sample results are as follows:

10.1 g/t Au in pyrite veinlets

5.06 g/t Au massive pyrite with minor quartz

2.37 g/t Au heavily mineralized with pyrite quartz vein (30%) running through quartzite with minor cross-cutting sulphide veinlets and pyrite disseminations; moderate oxidization

GLENLUSK

Page 8: 16,640 ha of the number one mining - BTU · PDF file16,640 ha of the number one mining ... Dalradian, Altius, Merrex and ... responsible for reviewing and approving the technical contents

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GALWAY GOLD MINERAL OCCURRENCES

The Clements Mine is a past producing mine located on the Galway Gold Trend in between th Lee and Dooros occurrences.

Massive sulphides: Max values of 0.5% Cu, 22.5% Pb, 5.2% Zn

2.2 g/t Au, 68 g/t Ag

35.3% Cu, 4.6 oz / ton Ag

NNW vein up to 8.5 g/t Au

CLEMENTS MINE

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GALWAY GOLD MINERAL OCCURRENCES

Breccia zone with Pb, Zn and Ba

Max values of 18.7% Pb, 9.7% Zn and 2.19% Cu

Potential extension of Maameen Trend

KILMEELICKIN

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GALWAY GOLD WORK PLAN

Detailed compilation of historic data updated into digital formats

Systematic approach to locate and assess geochemical pathfinder elements

Prospecting, sampling, and mapping of entire property

Bulk overburden sampling and heavy mineral concentrate preparation on the Lee, Dooros, and Glenlusk targets

Drill target generation

Drill program

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PAUL WOOD CEO & DIRECTOR Paul Wood has led and executed numerous transactions across the globe in minerals exploration and in other sectors. With a background in company formation, transaction structuring and M&A, he has a reputation for successfully driving projects to completion in multiple jurisdictions including Canada, USA, Europe, China, Japan and Africa. His background, networks and skillsets will serve BTU very well as we lever the strengths of this decidedly strong team as it embarks on its exploration and initial drill program in the Republic of Ireland. He received a BA from Dalhousie University and his MBA from University of Toronto Rotman.

MIKE ENGLAND PRESIDENT & DIRECTOR Mike England has been involved in the public markets starting in 1983 working on the floor of the Vancouver Stock Exchange as a floor trader after successfully completing the Canadian Securities, Options and Futures Courses. Since 1995 Mr. England has been involved directly with public companies serving various roles including investor relations, CEO, directorships and presidencies and has raised in excess of $40 million to date for exploration and acquisitions.

DON MCKINNON VP OF EXPLORATION Mr. McKinnon has been involved in the mining exploration industry since a very young age. Son of Don McKinnon Sr., of Hemlo fame, Mr. McKinnon has been actively exploring mining properties in Ontario and internationally. This includes having been involved in managing all aspects of exploration from property acquisition and grass roots exploration, to seeing projects through to the development stage. Mr. McKinnon also has an extensive network of business associates throughout Canada as well as internationally.

MANAGEMENT & DIRECTORS

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MANAGEMENT & DIRECTORS

DENNIS LOGAN CFO Mr. Logan is a Chartered Professional Accountant (CPA, CA) and received both his BA and his MBA from the University of Toronto and received his Chartered Accountant designation in 1996. Prior to joining Almonty Industries Inc. in 2011, Mr. Logan spent 15 years in Canadian Capital Markets Industry where he held a number of senior management positions including Managing Director, Investment Banking at Desjardins Securities Inc. from 2007 to 2011 and Director, Investment Banking at Westwind Partners Inc. and Partner at Loewen Ondaatje McCutcheon Limited and Executive Director, Investment Banking at CIBC World Markets. Mr. Logan is a Director and Chair of the Audit Committee of Eurocontrol Technics Group Inc and former Director of Pinetree Capital Ltd.

DERRICK STRICKLAND DIRECTOR

Derrick Strickland, P.Geo, BSc., MBA serves as a Geological Consultant and holds over 25 years of industry experience. Mr. Strickland is a Director and advisor to several junior exploration companies. This experience includes President/Director and management of exploration projects in remote locations, instituting quality assurance programs, providing geological technical expertise and leadership to resource companies at the board level. His international geological experience encompasses a wide range of commodities – gold, uranium, diamonds, potash and copper, in addition to other specialty minerals and deposit types. Mr. Strickland has exposure to geological and cultural environments all over the world.

TWILA JENSEN DIRECTOR Ms. Jensen has over 15 years of experience working in the capital markets and has extensive experience in marketing. Ms. Jensen has worked with hundreds of public companies in various sectors, and her passion lies in sales and marketing with a focus on strategy.

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OPTION AND WARRANT SCHEDULE

Options

SHARE STRUCTURE

SHARES ISSUED

OPTIONS

WARRANTS

FULLY DILUTED

17,953,334

1,500,000

6,000,000

25,453,334

Warrants

Amount Price Proceeds

600,000 $0.05 $30,000

700,000 $0.12 $84,000

200,000 $0.19 $38,000

1,500,000 - $152,000

Amount Price Proceeds

6,000,000 $0.10 $600,000

STOCK INFO

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Derrick Strickland, P. Geo, a Director of BTU, is a qualified person as defined by national instrument 43-101 and is responsible for reviewing and approving the technical contents of this presentation. The results herein are based on numerous past technical reports and BTU can only directly confirm the 2017 due diligence samples. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. FORWARD LOOKING STATEMENTS: This presentation contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

DISCLAIMER