Mining Company Observes Visible Gold Grain in Drilled Core

By Streetwise Reports / February 18, 2021 / www.theaureport.com / Article Link

Black Tusk Resources completes drilling three initial holes at McKenzie East.

Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release it finished drilling the first three holes, over 1,049 meters (1,049m), one of which showed a grain of visible gold, at its McKenzie East project north of Val d'Or in Quebec.

The company reported that observation of that particular hole, MKE 21-03, revealed about 30 meters of core containing geologic characteristics indicative of gold mineralization. There were the gold grain, about 1 millimeter (1 mm) by 2 mm in size, within a narrow section of quartz vein, and there were veining, alterations and associated sulphide minerals, the company noted. Samples from MKE 21-03 are now at a laboratory for analysis. The company also advised that the "presence of visible gold and other indicators in core does not assure high assay results when processed at the laboratory."

"The company is very encouraged by the positive results obtained within the first three holes of the 2021 winter drilling, and recognizes that the extent of gold mineralization is still to be determined from drill core laboratory results," CEO Richard Penn said in the release.

The company advised that the purpose of hole MKE 21-03 was to test a 500m long magnetic feature seen during the recent survey. Now, Black Tusk is drilling another hole, MKE 21-04, 25 meters northwest of MKE 21-03, to test for continuity of mineralization and alteration. The company also is continuing its planned diamond drill program on a 1 kilometer by 700m area along the geologic trend through McKenzie East.

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1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Black Tusk, a company mentioned in this article.

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