Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: TUSK; BTKRF; 0NB

Explorer Continues Field Work Ahead of Late Summer Drilling Start
News Update

Share on Stocktwits

Source:

Black Tusk Resources intends to use the soil testing and survey results to define future drill targets at this Quebec project.

Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release that it received the results of 203 soil samples taken in May from its McKenzie East project north of Val d'Or, Quebec.

"A number of interesting areas of interest were developed from the soil sampling results," the release noted.

The company noted that mobile metal ion testing of the soil showed that areas of higher gold values overlie linear features that were mapped through the magnetic survey. For gold, correlation exists with rare earth elements and, to a lesser degree, copper. One area of interest, which could become a high priority drill target, is within the north block of claims and shows elevated values for multiple elements.

Regarding other exploration work at McKenzie East, Black Tusk Resources is currently line cutting and expects to complete it later this week, as announced in another news release. The work had been delayed previously when the area was deemed to be a high fire risk.

Line cutting is being done for the upcoming three-dimensional induced polarization (IP) survey, which is slated to be started McKenzie East on July 27. The IP survey will test a series of 1.5 kilometer-long lines for a total of 9 kilometers.

Along with the soil sampling and metal ion testing, Black Tusk stated it has done a reconnaissance geologic assessment and a drone-assisted magnetometer survey of the project. Analyzed together, results of those and the imminent IP survey will help Black Tusk define diamond drill targets, the company noted.

The Vancouver-based company expects to start drilling at McKenzie East later this summer.

[NLINSERT]

Disclosure:
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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
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 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.





Want to read more about Gold, Critical Metals and Base Metals investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe