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▪ Exploration focused on Gold in safe jurisdictions

▪ BTU holds options for 100% of two highly prospective projects

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EXECUTIVE SUMMARY

▪ Galway Gold, Ireland▪ Six contiguous claims, 160 km2+▪ Dalradian supergroup▪ Multiple high grade samples▪ Geophysical work & drill target selection

underway

▪ Shakespeare Gold, Ontario▪ Nine claims, 528 hectares▪ Huronian supergroup ▪ Past producing mine▪ 1,000 meter drill program underway

Shares outstanding (TSX-V BTU): ~24.5m (FD ~36.4m)Market cap at 1 Mar ’18: ~$2.45m

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WHY IRELAND

▪ A top mining jurisdiction▪ Ranked 9th in the world overall▪ Ranked 1st in the world for policy perception

▪ Excellent infrastructure▪ Good road network▪ Power, water▪ Skilled workforce & technical expertise▪ Safe

▪ Home to successful mines including Europe’s #1 zinc producer Tara Mines

▪ New discoveries, emerging projects▪ Pallas Green (Glencore; Zinc)▪ Dalradian (Gold)

▪ 4.4m ounces Au▪ $380m market cap

▪ Companies currently active in Ireland include Dalradian, Glencore, Altius, Boliden, Group Eleven, and Hannan

* Fraser Institute Annual Survey of Mining Companies 2016

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PAUL WOODCEO & DIRECTORPaul Wood has led and executednumerous transactions across the globein minerals exploration and in othersectors. With a background in companyformation, transaction structuring andM&A, he has a reputation for successfullydriving projects to completion inmultiple jurisdictions including Canada,USA, Europe, China, Japan and Africa. Hisbackground, networks and skillsets willserve BTU very well as we lever thestrengths of this decidedly strong teamas it embarks on its exploration andinitial drill program in the Republic ofIreland. He received a BA from DalhousieUniversity and his MBA from University ofToronto Rotman.

MIKE ENGLANDPRESIDENT & DIRECTORMike England has been involved in thepublic markets starting in 1983 workingon the floor of the Vancouver StockExchange as a floor trader aftersuccessfully completing the CanadianSecurities, Options and Futures Courses.Since 1995 Mr. England has beeninvolved directly with public companiesserving various roles including investorrelations, CEO, directorships andpresidencies and has raised in excess of$40 million to date for exploration andacquisitions.

DON MCKINNONVP OF EXPLORATIONMr. McKinnon has been involved in themining exploration industry since a veryyoung age. Son of Don McKinnon Sr., ofHemlo fame, Mr. McKinnon has beenactively exploring mining properties inOntario and internationally. This includeshaving been involved in managing allaspects of exploration from propertyacquisition and grass roots exploration, toseeing projects through to thedevelopment stage. Mr. McKinnon alsohas an extensive network of businessassociates throughout Canada as well asinternationally.

MANAGEMENT & DIRECTORS

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MANAGEMENT & DIRECTORS

DENNIS LOGANCFOMr. Logan is a Chartered ProfessionalAccountant (CPA, CA) and received bothhis BA and his MBA from the University ofToronto and received his CharteredAccountant designation in 1996. Prior tojoining Almonty Industries Inc. in 2011, Mr.Logan spent 15 years in Canadian CapitalMarkets Industry where he held anumber of senior management positionsincluding Managing Director, InvestmentBanking at Desjardins Securities Inc. from2007 to 2011 and Director, InvestmentBanking at Westwind Partners Inc. andPartner at Loewen OndaatjeMcCutcheon Limited and ExecutiveDirector, Investment Banking at CIBCWorld Markets. Mr. Logan is a Directorand Chair of the Audit Committee ofEurocontrol Technics Group Inc andformer Director of Pinetree Capital Ltd.

RICHARD O’SHEADIRECTORRichard O’Shea brings over 20 years of experience inthe mining and exploration sector, most recently asCEO and Director of Unicorn Mineral ResourcesLimited, a Private Company founded in 2010, whichis exploring for Copper, Lead and Zinc in Ireland.Previously Mr O'Shea was a Director on the board ofOvoca Gold Plc from 2003 to 2007 where he servedas CEO of the company. Ovoca is listed on the AIMMarket in London (OVG.L) and also the Irish StockExchange (OVX.IR). Mr O’Shea's depth of experienceand history with the properties will be of great valueto the company.

TWILA JENSENDIRECTORMs. Jensen has over 15 years of experience working inthe capital markets and has extensive experience inmarketing. Ms. Jensen has worked with hundreds ofpublic companies in various sectors, and her passionlies in sales and marketing with a focus on strategy.

DOUGLAS HUNTER, M.SC., P. GEO

DIRECTORMr. Logan is a Chartered ProfessionalAccountant (CPA, CA) and received both hisBA and his MBA from the University of Torontoand received his Chartered Accountantdesignation in 1996. Prior to joining AlmontyIndustries Inc. in 2011, Mr. Logan spent 15 yearsin Canadian Capital Markets Industry where heheld a number of senior managementpositions including Managing Director,Investment Banking at Desjardins SecuritiesInc. from 2007 to 2011 and Director,Investment Banking at Westwind Partners Inc.and Partner at Loewen Ondaatje McCutcheonLimited and Executive Director, InvestmentBanking at CIBC World Markets. Mr. Logan is aDirector and Chair of the Audit Committee ofEurocontrol Technics Group Inc and formerDirector of Pinetree Capital Ltd.

The 160 km2 + 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-sulphidationmineralization based on a number of key features:

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GALWAY GOLDLOCATION & 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 neighbouringterranes

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

▪ Multiple vein-type structure interpreted from ground and air geophysics

49.67.25

26.3 3.73

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GALWAY GOLDPL 2295 – 11.1km2

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.

▪ Multiple vein-type structure interpreted from ground and air geophysics

▪ 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

In Situ Results

▪ 1.5 g/t Au to 66 g/t Au

▪ 141.4 g/t Ag

LEE

LEE OCCURRENCEHIGH GRADE SAMPLE

BTU Samples▪ 49.6 g/t Au

▪ 7.25 g/t Au

NEW VEIN DISCOVERED

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GALWAY GOLDPL 3145 - 21.95 km2

The Escarpment 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 samples of up to 26.3 g/t Au, 51.8 g/t Ag and 4.8% Cu

ESCARPMENT

ESCARPMENT OCCURRENCETRENCH CHANNEL 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

RESULTSTRENCHING*

DRILLING*

*Results from Westland Exploration, 1988

BTU Samples▪ 26.3 g/t Au, 3.73% Cu

▪ 12.9 g/t Au, 39.7 g/t Ag, 4.0% Cu

▪ 7.0 g/t Au, 51.8 g/t Ag, 4.8% Cu

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GALWAY GOLDPL 3145 - 21.95 km2

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

▪ 41.7 g/t Au float sample

▪ 10.1 g/t Au in pyrite veinlets

▪ 5.06 g/t Au massive pyrite with minor quartz

▪ 4 g/t Au in situ

▪ 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

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

Glenlusk Samples▪ 41.7 g/t Au float

▪ 4.1 g/t Au in situ

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GALWAY GOLDWORK PLAN

▪ Ground and air geophysics

▪ Confirmed three separate drill target zones

RECENTLY COMPLETED

▪ Lee occurrence – uncovered vein

▪ Glenlusk

▪ Escarpment Gold-Copper zone

UPCOMING 1,000M DRILL TARGETS

▪ Prospecting zones between Escarpment and Lee

LOOKING FORWARD

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SHAKESPEARE GOLD PROJECTONTARIO, CANADA

▪ Past producing mine located in Shakespeare Township, Sudbury Mining Division, a favourablemining jurisdiction with ease of access

▪ Situated in rocks of the northeast-trending folded ~2.4 billion-year old Huronian Supergroup, intruded by the ~2.21 billion-year old Nipissing diabase dikes and sills

▪ The Murray Fault is a regional structure that strikes ENE and passes approximately 300 meters north of the mine

▪ The mineralized zone is broadly concordant with the schistose Matinenda Formation, consisting of quartzite and greywacke that also trends ENE and dips steeply to the south

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SHAKESPEARE GOLD PROJECTCLAIMS MAP

▪ Nine claims comprising 528 hectares

▪ Storied past producing mine

SHAKESPEARE GOLD MINEAPPROX. 1910

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SHAKESPEARE GOLD PROJECTSTORIED HISTORY

Hole ID From (m) To (m) Interval Length (m) Au (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 C14-01 68.50 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

▪ Production reported from 1905-48 of 2,959 ounces from 8,599 tons (~0.33 ounces per ton)

▪ Historic sampling in the western part of the mine area was traced for 15 ft and reported to contain 1.12-1.85 ounces of Au per ton over an average width of 3.5 feet*

▪ In 1950, Perron Gold Mines drilled and achieved assays as high as 39.8 g/t Au over 1.28m

▪ In 2014, GeoNovus drilled three holes (371 meters), highest intersection 15.3g/t Au over 4.0 meters, including 48.8g/t Au over 1.0 meters

SELECTED SIGNIFICANT HISTORIC ASSAY DATA

*Ontario Geological Survey Mineral Deposits Circular 18, 1979, part 2, 82p

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SHAKESPEARE GOLD PROJECTWORK PLAN

DRILL COREGEONOVUS 2014 WORK PROGRAM

▪ 700 of 1,000M drill program testing IP conductor

▪ Core logged and currently being split

RECENTLY COMPLETED

▪ Submit core to lab for assay

▪ Complete additional drilling

LOOKING FORWARD

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OPTIONS

SHARE STRUCTURE

SHARES ISSUED

OPTIONS

WARRANTS

FULLY DILUTED

24,534,334

2,450,000

9,425,060

36,409,394WARRANTS

Amount Price Proceeds

400,000 $0.05 $20,000

1,600,000 $0.12 $192,000

200,000 $0.19 $38,000

250,000 $0.22 $55,000

2,450,000 - $305,000

Amount Price Proceeds

6,000,000 $0.10 $600,000

234,560 $0.12 $28,147

3,190,500 $0.18 $574,290

9,425,060 - $1,202,437

CAPITALIZATION

AS OF March 1st 2018

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Mr. Andris Kikauka is a Professional Geologist with over 30 years experience in the minerals mining, consulting, exploration and research industries. Mr. Kikauka acts as the Company's Qualified Person for technical disclosure per National Instrument 43-101. Mr. Kikauka has reviewed and approved the technical content of this presentation.

Bruce Durham, P. Geo, is a qualified person as defined by National Instrument 43-101 and is responsible for reviewing and approving the technical contents of this presentation pertaining to the Shakespeare Gold Project. The results herein are historic and rely on the 43-101 by Ronacher McKenzie Geosicience of January 25, 2017. The QP has not independently verified the work of Ronacher McKenzie.

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