BTU Metals and Kinross to Initiate 2026 Drill Program
BTU METALS CORP. (BTUMF) announces Kinross (KGC) is planning to initiate a two phase 2026 drill program this month on BTU's Dixie Halo property. Kinross has indicated It plans to complete sufficient work on the BTU Dixie Halo property to earn a 70% interest in the project this year. Phase One - Scheduled to Commence Around February 20th, 2026. Phase One of the 2026 program is designed to be comprised of approximately 3,000-4,000 metres in approximately 8 drill holes. Focus of this phase of the drilling is on the TNT area first discovered and announced by the Company in 2019 with planned drilling targeting strike extensions and dip/plunge extensions of gold and copper mineralization tested in prior programs by the Company and also by Kinross. Objective is to intersect and better understand controls on, and the extent of, anomalous gold and copper mineralization and alteration in the area. Phase Two - To be completed after completion of Phase One and a review of all results Follow up on Phase One at TNT. Drill targets on the west side of the Dixie Halo property extending interpreted Limb/Arrow stratigraphy from the Great Bear property Targeting to be in part based on magnetic lows and structural discontinuities.
Trade with 70% Backtested Accuracy
Analyst Views on KGC
About KGC
About the author
Which Mining Companies Are Profiting from the Metals Surge?
Gold Prices and Market Trends: Despite a recent decline, gold remains a popular investment, with prices hovering around $5,600 per ounce, and investors anticipating potential increases in the coming months.
Mining Company Performance: Gold mining stocks have performed well, with notable returns, particularly from companies like Hecla Mining, which has seen significant revenue growth and positive cash flow.
Mergers and Acquisitions: Coeur Mining is pursuing an acquisition strategy, aiming to enhance its operations and expand its mining capabilities across North America, which could lead to increased production.
Investment Recommendations: Analysts are suggesting five specific mining stocks as strong investment opportunities, highlighting their potential for growth in the current metals rally.
Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
- Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
- Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
SPDR Gold Shares ETF Rises by 5.8%
- Stock Performance: Gold shares have seen a significant increase, rising by 5.8%.
- Market Trends: The upward trend in gold shares reflects broader market movements and investor sentiment.
Kinross Gold Rises 5.2%, Gold Fields Increases 4.5%, AngloGold Ashanti Gains 5.4%
Kinross Gold Performance: Kinross Gold's stock has increased by 5.2%.
Gold Fields Growth: Gold Fields has seen a rise of 4.5% in its stock value.
AngloGold Ashanti Increase: AngloGold Ashanti's stock has gone up by 5.4%.
Overall Market Trends: The gold mining sector is experiencing positive growth across multiple companies.
NEWMONT RISES 5.3%, SIBANYE STILLWATER INCREASES 3%, BARRICK MINING CLIMBS 5.6%
Economic Growth: The economy has seen a growth of 5.3%, indicating a positive trend in economic performance.
Sibanye Stillwater Performance: Sibanye Stillwater has reported a 3% increase, reflecting its ongoing operational success.
Barrick Mining Growth: Barrick Mining has experienced a notable growth of 5.6%, showcasing its strong market position.
Overall Industry Trends: The mining sector is generally performing well, with multiple companies reporting significant gains.
Shares of Gold Miners Listed in the U.S. Increase as Gold Prices Surge by 5.6%
- Gold Prices Surge: Gold prices have increased by 5.6%, leading to a rise in the value of gold mining shares.
- Impact on Mining Stocks: The uptick in gold prices has positively affected the stock market performance of gold mining companies.
Which Mining Companies Are Profiting from the Metals Surge?
Gold Prices and Market Trends: Despite a recent decline, gold remains a popular investment, with prices hovering around $5,600 per ounce, and investors anticipating potential increases in the coming months.
Mining Company Performance: Gold mining stocks have performed well, with notable returns, particularly from companies like Hecla Mining, which has seen significant revenue growth and positive cash flow.
Mergers and Acquisitions: Coeur Mining is pursuing an acquisition strategy, aiming to enhance its operations and expand its mining capabilities across North America, which could lead to increased production.
Investment Recommendations: Analysts are suggesting five specific mining stocks as strong investment opportunities, highlighting their potential for growth in the current metals rally.
Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
- Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
- Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
SPDR Gold Shares ETF Rises by 5.8%
- Stock Performance: Gold shares have seen a significant increase, rising by 5.8%.
- Market Trends: The upward trend in gold shares reflects broader market movements and investor sentiment.
Kinross Gold Rises 5.2%, Gold Fields Increases 4.5%, AngloGold Ashanti Gains 5.4%
Kinross Gold Performance: Kinross Gold's stock has increased by 5.2%.
Gold Fields Growth: Gold Fields has seen a rise of 4.5% in its stock value.
AngloGold Ashanti Increase: AngloGold Ashanti's stock has gone up by 5.4%.
Overall Market Trends: The gold mining sector is experiencing positive growth across multiple companies.
NEWMONT RISES 5.3%, SIBANYE STILLWATER INCREASES 3%, BARRICK MINING CLIMBS 5.6%
Economic Growth: The economy has seen a growth of 5.3%, indicating a positive trend in economic performance.
Sibanye Stillwater Performance: Sibanye Stillwater has reported a 3% increase, reflecting its ongoing operational success.
Barrick Mining Growth: Barrick Mining has experienced a notable growth of 5.6%, showcasing its strong market position.
Overall Industry Trends: The mining sector is generally performing well, with multiple companies reporting significant gains.
Shares of Gold Miners Listed in the U.S. Increase as Gold Prices Surge by 5.6%
- Gold Prices Surge: Gold prices have increased by 5.6%, leading to a rise in the value of gold mining shares.
- Impact on Mining Stocks: The uptick in gold prices has positively affected the stock market performance of gold mining companies.
