Mr. Paul Wood reports

BTU MOBILIZES CREWS FOR DRILLING AT THE HISTORIC SHAKESPEARE GOLD MINE

Drill permits are in place and crews have been mobilized to BTU Metals Corp.'s Shakespeare gold project, located three kilometres northeast of Webbwood, Ont.

Work will include prospecting of the 2012 induced polarization (IP) chargeability anomalies, which are interpreted to extend from the historical underground working to the northeast and southwest, to be followed directly by a drill campaign of approximately 1,000 metres. This drill campaign will extend beyond past programs and allow the company to test the IP chargeability anomalies at depth in both northeast and southwest directions. It is anticipated that drilling will commence in the coming weeks. A 2012 control grid is being re-established in order to minimize cost by using existing geophysical work.

The company acquired the option to earn 100 per cent of the Shakespeare property comprising nine claims totalling 528 hectares as its qualifying transaction. Historical sampling in the western part of the mine area was traced for approximately 4.5 metres (15 feet) with grades of 1.12 ounces per ton to 1.85 ounces per ton gold over an average width of one metre (3.5 feet); see Ontario Geological Survey Mineral Deposits Circular 18, 1979, part 2, page 82.

In 2014, three holes (371 metres) were drilled, with the highest gold intersection having been encountered in hole C14-02, with 15.3 grams per tonne gold over 4.0 metres, including 48.8 grams per tonne gold over 1.0 metre. Prior to that, in 1950, Perron Gold Mining received an assay as high as 39.8 grams per tonne gold over 1.28 metres. The attached table shows assay highlights from both programs.

       SELECTED SIGNIFICANT HISTORICAL ASSAY DATA 
             
Hole ID           From      To    Interval length       Au 
                    (m)     (m)                (m)    (g/t)

Perron 1         96.99   97.54               0.55    15.77   
Perron 1         97.54   98.82               1.28    39.76   
Perron 8         42.67   43.28               0.61    21.94   
Corona C14-0    168.50   71.50               3.00     1.97    
Including        70.00   71.00               1.00     4.90    
Corona C14-02   106.00  110.00               4.00    15.34   
Including       108.00  109.00               1.00    48.80   
Corona C14-03    63.00   69.50               6.50     0.80    

Chief executive officer Paul Wood stated: "Our review of data acquired with the project suggests that the mineralization at the Shakespeare mine may continue along strike from the historic workings, and we will pursue that with drilling in our present program. Additionally, the Shakespeare mine area is only a small portion of the total potential of the entire claim package, and we anticipate a busy field season as we explore other historic workings along the trend."

About BTU Metals Corp.

BTU Metals has 100-per-cent options on two projects, Galway in Ireland and Shakespeare in Ontario.

About the Shakespeare gold project

The Shakespeare gold project covers over 500 hectares, with the historical Shakespeare gold mine being the focus of the claim group. The Shakespeare gold mine is situated in northeast-trending, approximately 2.4-billion-year-old schistose quartzite and greywacke that dip steeply to the south. The claim package encloses the east-northeast-trending Matinenda formation, which hosts mineralization in quartzite and schist. In-house reports and data acquired with the property included a pole-dipole IP survey conducted in 2012, in which 12 short, north-south lines were run across the surface extension of the mineralized zone for a total of 2.87 line kilometres. According to the report, pseudo-sections generated from the pole-dipole IP survey appear to outline the trend of mineralization and can be traced in both directions along strike. The gold-bearing horizon appears to respond well to IP due to metre-wide zones of disseminated pyrite associated with quartz veins with surrounding shearing and alteration. Drilling is presently focused to target these zones of high chargeability and to intersect the apparent downdip and along-strike extension of mineralization observed at the Shakespeare gold mine.

Galway gold project

The 160-square-kilometre Galway gold property is part of the Dalradian supergroup metasediments located in the mining-friendly jurisdiction of the Republic of Ireland, situated 45 kilometres northwest of the city of Galway and four hours of driving time from Dublin. The Galway gold property has been targeted for orogenic and low-sulphidation mineralization based on a number of key features. The team is mobilizing in Galway to conduct an extensive geophysical program on the company's approximately 160-square-kilometre optioned prospecting licences. The program is expected to run until late November.

The technical contents of this release were approved by Bruce Durham, PGeo, qualified person as defined by National Instrument 43-101. The Shakespeare results herein are historical and rely on the NI 43-101 by Ronacher McKenzie Geoscience of Jan. 25, 2017. The qualified person has not independently verified the work of Ronacher McKenzie.

We seek Safe Harbor.