In a news release, gold development company Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that "the company has begun preparation for the 3D Induced Polarization (IP) survey on the McKenzie East gold property located north of Val d'Or, Quebec." The firm noted that about nine kilometers of line-cutting grid will be carried out to provide access for the IP crew and necessary equipment. Black Tusk advised that it has hired a contractor based in Val d'Or to oversee the grid preparation.
Black Tusk stated that it will be using Abitibi Geophysics to undertake their OreVision 3D Induced Polarization Survey on the property. The survey will employ high-tech geophysical applications in order to produce high resolution bedrock chargeability and resistivity results.
The company indicated that the IP survey grid is located within the northwest area of the McKenzie East Gold Project and the results of the IP survey will then be combined with results from soil samples taken earlier this year to identify the best diamond drilling targets.
Black Tusk Resources reported that it obtained a permit that allows it to construct 18 drill pads, access trails and supporting water supply stations on the site. After the ground surveys are completed, the firm plans to conduct its upcoming drill program during this summer's exploration season.
Black Tusk Resources is a gold exploration company based in Vancouver, Canada, that concentrates on world-class mining regions throughout Canada. The firm owns a 100% interest in five separate gold and palladium mining properties with the bulk of its efforts centered on operations in Quebec's prolific Abitibi Greenstone belt.
[NLINSERT]Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Black Tusk Resources. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
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 interview or the decision to write an article until three business days after the publication of the interview or 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 (including members of their household) own securities of Black Tusk Resources, a company mentioned in this article.
