Mr. Richard Penn reports
BLACK TUSK RESOURCES INC. COMPLETES LINE CUTTING FOR IP SURVEY ON THE MCKENZIE EAST PROJECT, QUEBEC
Black Tusk Resources Inc. has completed line cutting in preparation for a 3-D induced polarization (IP) survey on the McKenzie East gold property located north of Val d'Or, Que. A total of nine kilometres of line-cutting grid was completed in order to provide access for the IP crew and associated equipment. Grid design was undertaken in collaboration between Black Tusk's geological crew and the contract geophysicist at Abitibi Geophysics based in Val d'Or.
The IP grid is located within the northwest area of the McKenzie East property. This area will be surveyed in order to trace possible gold-bearing structures extending eastward from the McKenzie Break property located within two kilometres of the Black Tusk claims. The McKenzie Break property is documented to contain structurally controlled gold mineralization associated with anastomosing ductile shear zones. The reader is cautioned that resources that exist on adjacent properties are not necessarily indicative of potential on Black Tusk's McKenzie East project.
The IP survey will also add to the data collected so far on the project, including results of the company's recently completed MMI (mobile metal ion) soil sampling. The results of the IP survey will be combined with the results of MMI soil sampling and the drone magnetic survey results to locate the best targets for diamond drilling. Drilling is expected to be under way in late summer 2020.
The company has issued 2.1 million stock options issued with an exercise price of seven cents per share for a two-year term. Two million of the issued options were issued to directors and officers of the company.
Perry Grunenberg, PGeo, a qualified person as that term is defined under National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Grunenberg is also a director of the company.
About Black Tusk Resources Inc.
Black Tusk Resources is a gold-focused Canadian exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Quebec. Black Tusk currently holds 100-per-cent ownership in six separate gold and platinum/palladium properties in Canada.
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