Twitter Facebook LinkedIn YouTube

Black Tusk is currently drilling the first hole on its McKenzie East gold property near Val d’Or Quebec

Video Platform Video Management Video Solutions Video Player

Black Tusk Resources has started drilling on its McKenzie East gold property, one of 5 mineral properties in Quebec 100% owned by Black Tusk with the first drill core expected to be delivered at the processing facility within the week.

Additional Information:

Company: Black Tusk Resources
Website: http://www.blacktuskresources.com
Stock Symbol: CSE: TUSK
Date Published: Jan 20, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media
Black Tusk Resources has started drilling on its McKenzie East gold property, one of 5 mineral properties in Quebec 100% owned by Black Tusk with the first drill core expected to be delivered at the processing facility within the week.
Three of these properties, the McKenzie East, the PG Highway, and the recently expanded MoGold, are located to the immediate north of Val d’Or.
The other properties are the Golden Valley gold property, which underwent diamond drilling in 2019, and the Lorrain PGE property south of Lorrainville, Quebec.
Richard Penn, President and CEO, previously stated: “We are eager to begin drilling these exciting new targets developed from our work on the McKenzie East and Lorrain projects. The McKenzie East has a favorable location and geologic setting, and the results of our magnetic survey, IP survey, and MMI soil sampling all point in the direction of several high priority drill targets.”
Forage Val d’Or, a local-based contractor with knowledge and experience of drilling within the region, has been contracted for 2,500 metres of drilling on the McKenzie East Gold Project.
Based on a combination of results obtained from soil sampling, magnetic surveying, IP surveying, and geological reconnaissance, 5 primary targets were identified for initial drilling, with possible extension to the program following positive results.
This first hole will test target area 1 and is estimated to test down to 500 metres on the target, with core logging and sampling to be undertaken at a private facility located adjacent to the property.
Black Tusk’s McKenzie East gold property is within 2 kilometres east of Monarch Gold’s McKenzie Break Project.
In June 2018, Monarch Gold Corporation reported a pit-constrained indicated resource of 939,860 tonnes grading 1.59 grams per tonne gold, and an underground indicated resource of 281,739 tonnes averaging 5.90 grams per tonne gold on its McKenzie Break property.
Management cautions that resources that exist on adjacent properties are not necessarily indicative of potential on Black Tusk’s McKenzie East Project.
Black Tusk’s winter 2021 diamond drilling program is being supervised by company director Dr. Mathieu Piche who has more than 35 years of experience exploring for mineral deposits in the Abitibi greenstone belt, along with VD Geo Service which is based in Val d'Or.
The company is permitted for up to 23 drill sites on the property, with a total of 9 drill pads now been prepared to allow for alternative site selection as drilling progresses.
The shares are trading at $0.075.

For more information, please visit the company’s website, www.blacktuskresources.com, contact Richard Penn, President and CEO, at 778-384-8923, or email richard@blacktuskresources.com.

I’m Megan Edwards for Investmentpitch Media