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Black Tusk Resources Inc. ("Black Tusk" or the "Company") (CSE: TUSK, OTC: BTKRF, FRANKFURT: 0NB) is pleased to announce that they are now in the process of preparing drill pad access for diamond drilling on its Golden Valley Project. The access and drill pad construction will allow for the testing of gold-bearing structures as outlined by historic past exploration (Target I and II, see news release dated March 27, 2019). The structures include potential shear-hosted gold mineralization and potential multi-element iron formation mineralization as logged during the historic drill programs.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (CSE: TUSK, OTC: BTKRF, Frankfurt: 0NB) is pleased to announce that they have selected ALS Global Laboratory for undertaking analysis of drill core from its Golden Valley Project in Quebec. ALS Labs is one of the world’s largest and most diversified analytical testing service providers. ALS has a facility located in Rouyn-Noranda approximately 1.5 hours by highway south of Black Tusk Resources Golden Valley Project.
Black Tusk Resources Inc. (“Black Tusk” or the “Company’’) (CSE: TUSK, OTC: BTKRF, Frankfurt: ONB) is pleased to announce that it is scheduled to begin diamond drilling on July 18, 2019, on the company’s Golden Valley Project. The Golden Valley Project is located 26 kilometres south of the Hecla Mining Corp’s Casa Berardi Gold Mine and lies within the Abitibi Greenstone belt that is host to many world class mineral deposits.
Black Tusk Resources Inc. (“Black Tusk” or the “Company”) (CSE: TUSK, OTC: BTKRF, Frankfurt: 0NB) is pleased to announce that it has signed a contract with Forage Roby Drilling (the “Contractor”) of Val d’Or, Quebec to drill on the company’s Golden Valley Project. A minimum of 1,500 metres of diamond drilling is to be completed this summer on the Golden Valley Projects, 2 high priority target areas, located north of La Sarre, Quebec. The project is fully permitted and the drill program is slated to begin in mid-July.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (TUSK) is pleased to announce that it has received the necessary permit for diamond drilling on its Golden Valley property located in Quebec (the “Property”). The exploration permit allows for the construction of 15 drill pads with supporting road access. Target I drilling is designed to verify and expand upon the presence of a gold-bearing shear zone intercepted in prior drill programs.
Black Tusk Resources Inc. (the “Company”) (CSE:TUSK) is pleased to announce that it has closed its second and final tranche of its previously announced private placement (see press releases dated February 21, 2019 and May 3, 2019) issuing a total of 2,983,733 Units (as defined below) at a price of $0.15 per Unit for total proceeds of $447,600. The total amount raised between the two tranches was $949,650. The Company will have the right to accelerate the expiry date of the Warrant Term provided that the Company's closing price on the CSE is at or above $0.375 for a period of 10 consecutive trading days. In the event of acceleration, the expiry date of the Warrant Term will be accelerated to a date that is 30 days after the Company issues a news release announcing that it has elected to exercise this acceleration right.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (TUSK) is pleased to announce that it has completed an initial reconnaissance and area overview of its Cluster property located in the West Abitibi region of Quebec. The Black Tusk team also visited the Casa Berardi Mine located 26 kilometers further up the road, north from Cluster. In general, the team was impressed by the proximity of this operation to the Cluster project, as well as by the number of other gold mining operations that were noted while travelling through the Abitibi area.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (TUSK) is pleased to announce that it has begun the process to acquire permits for a drill program on its Cluster Project located in Quebec (the “Property”). Black Tusk has recently compiled data from historic work completed within the Property. Diamond drilling of various targets by different exploration companies culminated in 30 drill holes totalling 4,086.9 metres being drilled within the Cluster Property.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C:TUSK) is pleased to announce that it has received and assembled a data package and has begun project planning for the Cluster Project located in Quebec (the “Property”). The Black Tusk crew is currently compiling these materials and will undergo evaluation of the data to extract information for use in digital software. In particular, the database indicates that 30 drill holes have been completed within the property boundary from 1968 to 2003.
VANCOUVER, B.C., March 04, 2019 -- Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C:TUSK) is pleased to announce Alex Klenman is joining the Board of Directors. Mr..
The area drew attention following the Inco Exploration discovery of gold mineralization in 1983 (Golden Pond Project), and the gold-silver-zinc-copper discovery (Estrades Project) by Teck Resources. Work included ground and airborne geophysics, geochemical and geological surveys, and diamond drilling.
Black Tusk Resources Inc. (“Black Tusk” or the “Company”) (TUSK) is pleased to announce that it is seeking partners and services providers to assist the Company in incorporating innovative technologies that can provide a strategic advantage over traditional exploration methods. In particular, Black Tusk has been looking into Artificial Intelligence for image recognition for identifying gold grades and blockchain technologies for ensuring custody of samples and drill cores linked to its properties. On December 14, 2018, Black Tusk Resources appointed Mr. John Cooper to its Advisory Board.
In consideration of the Property, the Company is required to make a $25,000 cash payment and issue 1,000,000 common shares at a deemed price of $0.125 per share to the Vendor. “We are extremely excited to acquire the Cluster Property and expand the Company’s operations into Quebec,” said Richard Penn, CEO of the Company. This press release contains forward-looking statements based on assumptions as of that date.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C:TUSK) is very pleased with the results of their 2018 trenching and rock sampling program. Calculated head grades including 14.42 grams per tonne (g/T) gold from the Arsenopyrite Vein, 5.34 g/T gold from the Black Vein, and 5.26 g/T gold from Hamburger Vein were reported from the Met-Solve Analytical process (see previous Black Tusk Resources release for more information). The areas of the 2018 testing fall within a one kilometre corridor of historic workings, with more recent exploration having returned very significant gold values from individual samples.
Black Tusk Resources Inc. (“Black Tusk” or the “Company) (BTKRF) (TUSK.CN) (0NB.F) is very pleased to announce preliminary results for all samples taken during the 2018 trenching and sampling program on the Goldsmith Property. Initial results from bench scale testing - Bulk Gravity Assay (BGA) – has provided preliminary information in regards to gold grain size and potential grade of the sample sites selected along the zone of interest. The calculated grade returned from the preliminary testing include 14.42 grams per tonne (g/T) gold from the ASP #1 vein, and 5.34 g/T gold from the Black Vein #1, with 5.26 g/T gold from HAM #2.
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - Richard Penn, President & CEO of Black Tusk Resources speaks about their high-grade gold deposit in B.C.If you cannot view the video above, please visit:https://www.b-tv.com/black-tusk-resources-ceo-clip-90sec/Black Tusk Resources is being featured on BNN Bloomberg on Nov. 17 - Nov. 18, 2018, throughout the day and evenings.Black Tusk Resources Inc. (CSE: TUSK)www.blacktuskresources.comAbout CEO Clips:CEO Clips is the largest library of publicly traded company CEO videos in Canada ...