BTU Metals (TSX-V: BTU) has begun drilling at its 100%-owned Hubcap property in Wawa, Ontario. The initial program of about 1,200 meters across 5-7 holes aims to test high-priority geophysical and surface targets. The property has numerous surface gold occurrences and shear zones with strong carbonate sericite alteration hosting quartz carbonate zones, and it has been only sporadically explored since the early 1900's before being consolidated by BTU. CEO Paul Wood said the company will provide program updates when available.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
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