Black Tusk Resources Inc. Mobilizes Diamond Drill on the McKenzie East Gold Project, Quebec

ID: 1563853
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(businesspress24) - January 18, 2021, Val dOr, Quebec - Black Tusk Resources Inc. (Black Tusk or the Company) (C: TUSK, FSE:0NB, OTC:BTKRF) is pleased to announce that a diamond drill rig is being mobilized on the McKenzie East gold property located north of Val dOr, Quebec. The drilling contractor is currently mobilizing onto the first drill site following ground preparation.

Black Tusk has signed a contract with Forage Val dOr for 2,500 metres of drilling on the McKenzie East project. Forage Val dOr is a local-based contractor with knowledge and experience of drilling within the region.

Drill targets, which have been summarized in prior news releases, include a combination of results obtained from soil sampling, magnetic surveying, IP surveying, and geological reconnaissance.

A total of 9 drill pads have now been prepared to allow for alternative site selection as drilling progresses. Five primary targets were identified for initial drilling, with possible extension to the program following positive results. The company is permitted for up to 23 drill sites on the property.

The McKenzie Break Project is within 2 kilometres west of the Black Tusk property. In June 2018, Monarch Gold Corporation reported a pit-constrained indicated resource of 939,860 tonnes grading 1.59 grams gold, and an underground indicated resource of 281,739 tonnes averaging 5.90 grams gold on the McKenzie Break (NI 43-101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., andDaniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc. and Christian DAmours, P.Geo., of GeoPointCom Inc.). The reader is cautioned that resources that exist on adjacent properties are not necessarily indicative of potential on the Black Tusk - McKenzie East Project.

The Black Tusk winter 2021 diamond drilling program is supervised by VD Géo Service based in Val dOr, including Black Tusk company director Dr. Mathieu Piché. Core logging and sampling will be undertaken at a private facility, located adjacent to the property. The first core is expected to be at the processing facility within the week.

Cautionary Statement
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect managements current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Companys control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Companys limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Companys Prospectus dated September 8, 2017 available on Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

On behalf of the Board of Directors
Richard Penn
(778) 384-8923

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Date: 01/18/2021 - 03:08
Language: English
News-ID 1563853
Character count: 3557
Firma: Black Tusk Resources Inc.
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: Wien


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