ACCESS Newswire
09 May 2022, 17:43 GMT+10
VANCOUVER, BC / ACCESSWIRE / May 9, 2022 / Black Tusk Resources Inc. ('Black Tusk' or the 'Company') (CSE:TUSK) is pleased to announce that their geological and executive team will be conducting ground reconnaissance in Val d'Or, Quebec during the week of May 23. The team will undertake discussion and planning for the Black Tusk projects, including the MoGold, PG Highway, and McKenzie East properties located north of Val d'Or. The team plans to undertake site visits to each of the properties during the week of the company meetings.
On the MoGold property, the company has contracted TMC Geophysique to complete a deep-penetrating Pulse-EM (Time Domain Electromagnetic) survey. This survey is designed to test the geologic terrain for potential massive sulphide mineralization in an area where rock sampling has returned significant values of Cu, Ag, and Zn. The geology in this area suggests possible VMS mineralization (See Black Tusk news release dated March 7, 2022). The survey is expected to be in progress when the geologic team visits the property at end of May.
A second Pulse-EM survey is being contemplated for the PG Highway to cover an area where historic surface trenching uncovered near-massive to massive pyrite and pyrrhotite. This area was sampled by Black Tusk in 2021 returning several elevated gold results (See Black Tusk news release dated January 11, 2022). Magnetic surveying indicates that a magnetic high might be associated with the mineralization, extending for more than 1 kilometre outward from the area of sampling.
Black Tusk has obtained a permit to continue exploratory diamond drilling on their McKenzie East gold project. This drilling is slated to be undertaken in the winter months after freezing of wet areas where the drilling is proposed.
Exploration on the MoGold and PG Highway projects will continue through the spring and summer of 2022. Black Tusk is prepared to diamond drill targets generated from the ground geophysics and surface rock sampling. The drilling could commence as early as summer 2022.
The Black Tusk team will also discuss future exploration work that could be undertaken on their Golden Valley and Lorrain projects.
Black Tusk Quebec-based exploration programs are supervised by Dr. Mathieu Piché, OGQ, with office located north of Val d'Or. He is also a Black Tusk company director.
Cautionary Statement
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's 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 Company's 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 Company's 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 Company's Prospectus dated September 8, 2017 available on www.sedar.com. 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
CEO
(778) 384-8923
SOURCE: Black Tusk Resources Inc.
Get a daily dose of Vancouver Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vancouver Star.
More InformationWASHINGTON, D.C.: This week, the Federal Aviation Administration (FAA) said it is taking steps to stop collisions between helicopters...
THE VATICAN - U.S. President Donald Trump met privately with Ukrainian President Volodymyr Zelenskyy in St. Peter's Basilica in Vatican...
WASHINGTON, D.C.: This week, Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said they plan to remove artificial...
WASHINGTON, D.C.: The United States plans to press India for sweeping changes to its e-commerce policies as part of negotiations aimed...
LONDON, U.K.: British Prime Minister Keir Starmer and New Zealand Prime Minister Christopher Luxon decided to strengthen their countries'...
WASHINGTON, D.C.: The U.S. Food and Drug Administration (FDA) is stopping a quality control program that tests milk and other dairy...
SHANGHAI, China: Nissan is making a fresh push to regain its footing in China with a US$1.4 billion investment and a pledge to speed...
TOKYO, Japan: Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso are edging closer to a long-awaited merger of their truck operations,...
WASHINGTON, D.C.: The United States plans to press India for sweeping changes to its e-commerce policies as part of negotiations aimed...
BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking...
BEIJING, China: At Home Plate BBQ in Beijing, the iconic Texan brisket is about to get a new passport. The restaurant, known for its...
NEW YORK, New York - Stocks were largely higher on Friday with all the indices notching up daily and weekly gains. Steadying the markets...