McKENZIE EAST GOLD PROJECT, VAL-D’OR, QUEBEC (ABITIBI-GREENSTONE-BELT)
The McKenzie East Gold Project is located 30 kilometres north of Val d'Or, Quebec.
Of particular interest are areas of the property that are in close proximity to known mineralization, such as the Maruska showing, located on the southeastern margin of the Black Tusk claims. The Maruska showing is described as gold-bearing and silver-bearing quartz veins. Assessment report GM49855 summarizes rock grab sampling on the project, where gold values were returned from quartz veins in diorite. Veins are reported as five centimetres to 25 centimetres wide, returning gold assays ranging from 0.3 gram per tonne to 241.8 g/t.
Black Tusk Resources' McKenzie East gold project is located approximately two kilometres east of Monarch Gold's McKenzie break project. At the McKenzie break, gold mineralization is reported as visually distinctive white quartz-carbonate ribbon veins and sheeted veinlet complexes in places containing free gold. Shear zones hosting the veins range from two metres to 10 metres in thickness. A Monarch Gold news release dated Feb. 26, 2020, states that drill hole MK-18-205 returned 20.12 g/t Au over 2.6 metres, with the hole being extended in 2019. Hole extension MK-18-205ext continued to intersect mineralization at depth, returning 32.3 g/t Au over 7.1 metres, including 142.8 g/t Au over 1.2 metres, 26.97 g/t Au over 1.3 metres and 24.6 g/t Au over 0.7 metre. This high-grade intersection is considered one of the best on the property to date.
The McKenzie East Property of Black Tusk contains a number of historic drill holes. The database shows a range of 0.3 g/t to 2.2 g/t gold in intercepts of 0.3 m to 1.8 m downhole width (true width unknown). Some of these zones intersected by historic drilling will be tested by Black Tusk.
GOLDEN VALLEY PROJECT, LA SARRE, QUEBEC (ABITIBI GREENSTONE-BELT)
The Golden Valley Project is located 26 Kilometres south of Casa Berardi Mine currently in operation by Hecla Mining. Other notable gold projects in close proximity are AMEX Exploration’s Perron Project as well as Malartic and Detour Lake mines.
The Property consists of 33 claims totalling 1601.42 hectares located within the Laberge District, 170 kilometres northwest of Val-D’Or, Quebec. The property lies within the Abitibi Greenstone belt that is host to many significant mineral deposits. 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.
Various assessment and academic reports summarize previous work on the property. Work included ground and airborne geophysics, geochemical and geological surveys, and diamond drilling. Some of the more significant reported drill results include:
Drill hole LAB 87-B2 that returned 1.82 grams per tonne (g/t) gold over 4.5 metres* (m) from 57 to 61.5 metres depth (including 1.4 g/t from 57-58.5m, 2.15 g/t from 58.5-60m, and 1.90 g/t from 60-61.5m (Exploration Trois-Dimensions Inc, 1987 report GM45605)
Drill hole LAB 109-03-01 that returned 1.4 g/t gold over 0.7 m.
Drill hole 34-96-02 that returned 1.55 g/t gold over 1m from 102.3-103.3 m (Freewest Resources Canada Inc, 1996 report GM54344)
Drill hole 34-96-04 that returned 4.10 g/t gold over 0.5 m from 55.4-55.9 m (report GM54344)
PG HIGHWAY PROPERTY (PALLADIUM/PGE PROJECT), VAL-D’OR, QUEBEC (ABITIBI GREENSTONE BELT)
The PG Highway Project is comprises of 11 claims totalling 601.11 hectares. The claims are located along Highway 397, 22 kilometres north of Val d'Or, Que. The PG Highway property adjoins claims that cover the Lynx and La Tour PGE mineral showings. The Lynx showing is located approximately 3.5 km north of the PG Highway property. At the Lynx, selected samples returned grades up to 1,895 parts per billion combined platinum (Pt) and palladium (Pd). The two best results returned 1,365 ppb Pd and 530 ppb Pt (sample 828583) and 1,050 ppb Pd and 340 ppb Pt (sample 828575) (assessment report GM 61266). The La Tour showing is located 300 metres east of the Lynx. At the La Tour showing, samples returned up to 5,139 ppb Pd and 1,589 ppb Pt (GM 60468 and GM 61303). The reader is cautioned that results obtained on adjoining properties are not necessarily indicative of potential for similar results on the Black Tusk-PG Highway claims.
LORRAINE PROPERTY (PALLADIUM/PGE PROJECT), LORRAINVILLE, QUEBEC (ABITIBI-GREENSTONE-BELT)
The Lorrain Project, is comprised of eight claims totalling 466.67 hectares. This property is located along Highway 391 approximately one kilometre south of Lorrainville, Que. The property covers the Guimond-Church deposit. This deposit was found in outcrop and has been intersected by two diamond drill holes. The deposit is categorized as tabular nickel-chromium (Ni-Cr) mineralization hosted in an ultramafic intrusive which generates a strong magnetic anomaly (GM 54730). Two 1954 vintage drill holes intersected serpentinized peridotite injected with quartz veins. Core samples returned 0.48 per cent Cr and 0.27 per cent Ni (best intersections of holes 1 and 2, GM 02994). Sample results also indicate the presence of platinum group elements, including 19 ppb palladium and 59 ppb ruthenium.
The Black Tusk-Lorrain property is located within a region endowed with a variety of mineralization styles. Many of these were explored for copper, but have recently been recognized for platinum group elements. This includes the Alotta project located approximately 10 kilometres northeast of the Black Tusk-Lorrain. At the Alotta, a 2019 drilling program confirmed the continuity of wide zones of nickel-copper-platinum group elements in massive sulphides. The drilling returned a highlight of 22 per cent copper, 34 g/t palladium, 3.5 g/t platinum, 0.78 per cent nickel, 1.4 per cent zinc and 65 g/t silver over 0.5 metre from hole ZA-19-05 (Chase Mining Corp. Ltd. website, Dec. 3, 2019, news release). The reader is cautioned that results obtained from other properties in the region are not necessarily indicative of potential on the Black Tusk-Lorrain property.
THE MOGOLD PROPERTY, VAL-D’OR, QUEBEC(ABITIBI-GREENSTONE-BELT)
The MoGold Property is comprised of 21 claims totalling 1203.09 hectares. The claims are located west of Highway 397, 22 Km north of Val-d'Or, Quebec. The new MoGold claims adjoin Black Tusk’s PG Highway property located immediately to the east. The PG Highway adjoins claims that cover the Lynx and La Tour PGE mineral showings. The MoGold claims cover the historic Boily-Berube mineral showing. The Boily- Berube is described as being located on the western contact of the La Corne batholith. The showing consists of a massive vein of cherty quartz containing fine grains of pyrite, minor chalcopyrite and scattered flakes of molybdenite. The veins trend along the western contact of a quartz porphyry intrusion highly mineralized with very fine-grained pyrite. Excavating on the showing carried out in 1989 revealed a pegmatititic quartz vein containing 10 to 30% molybdenite, pyrite and traces of chalcopyrite and malachite.
The new claims cover 8 drill holes that were completed by Sullico Mines Ltd. in 1971-1972 and Falconbridge Inc. in 2004. A preliminary review of the drill hole summaries indicate intercepts containing pyrite, pyrrhotite, chalcopyrite, and molybdenite with significant assay values returned for copper, silver, and zinc.
SOUTH RIM GOLD PROJECT, SMITHERS MINING CAMP, BRITISH COLUMBIA
The South Rim Gold Property comprises four claims totalling 1,771.33 hectares of mineral tenure. The project is located approximately 140 kilometres south of Smithers, in central British Columbia.
The project has undergone a number of exploration programs dating back to 1967. These were designed to explore for gold and molybdenum. These work programs eventually led to the discovery of mineral occurrences that are now documented in the BC Mineral Inventory database.
The BC Mineral Inventory review indicates that 13 mineralized occurrences exist within the South Rim property. Sampling returned gold values for the 13 occurrences, ranging from 0.132 grams per tonne (gpt), to 24.0 gpt. Silver values range from 2.2 gpt to 42.8 gpt. The mineralization is typically described as epithermal, intrusion-related polymetallic sulphide and low-sulphidation (quartz) veins. Black Tusk has not undertaken any exploration upon the claims and has yet to verify the sample results listed in the Minfile database or within related assessment reports.
Black Tusk obtained records of historic work that include 465 rock samples and 1,346 soil samples. Twenty -four rock samples returned greater than 0.5 gpt gold. The series of elevated gold values plot along a northwest trending alignment, passing through the East Side, Chalco, High View, Center View, and Camp View mineralized showings, for a distance of approximately two kilometres. This trend of elevated gold values, often associated with elevated silver, provides a primary target of interest for further exploration.
Soil sampling results show 10 samples returned greater than 50 ppb gold, with a high of 275 ppb. These elevated values appear to be relatively isolated, with little to no follow-up recorded in the historic reports. Black Tusk will further evaluate the soil sample results as consideration for future property exploration.
The South Rim Gold Property lies within geologic terrain that hosts the Huckleberry Copper-Molybdenum Mine located 23 kilometres to the north of the South Rim Property. The Huckleberry Mine contains remaining reserves of 35 million tonnes of proven and probable grading 0.32 % copper and 0.01 % molybdenum, with measured and indicated resources of 180 million tonnes grading 0.32 % copper and 0.01 % molybdenum (Imperial Metals website, February, 2020).
The Ootsa Project is located on the south shore of the Nechako Reservoir, 6 km from the Huckleberry copper-molybdenum mine. The Ootsa project contains an estimated measured and indicated resource of 224 million tonnes grading 0.22 % copper, .021 % molybdenum and 0.15 gpt gold (Surge Copper Corporation website, January, 2020).
(The reader is cautioned that resources that exist on regional or adjacent properties are not necessarily indicative of potential on the Black Tusk -South Rim Project.)