BLACK TUSK CLOSES ACQUISITION OF MCKENZIE EAST
Mr. Richard Penn reports
BLACK TUSK RESOURCES INC. INITIATES DATA COMPILATION FOR MCKENZIE EAST PROJECT, QUEBEC
Black Tusk Resources Inc. has closed its acquisition of the McKenzie East project located 30 kilometres north of Val d'Or, Que., and has commenced data compilation.
The McKenzie East project comprises two claim groups separated by one kilometre. The larger northern group totals 1,964 hectares over 42 claims, with the south totalling 178 hectares over four claims.
The McKenzie Break project that is currently under exploration by Monarch Gold Corp. is within two kilometres west of the company's McKenzie East project. In June, 2018, Monarch reported a pit-constrained indicated resource of 939,860 tonnes grading 1.59 grams gold, and an underground indicated resource of 281,739 tonnes averaging 5.90 grams gold (1).
"The company is pleased to have acquired mineral claims located within the Val d'Or area of the prolific Abitibi greenstone belt. The presence of advanced exploration projects within close proximity, combined with favourable regional geology, provides evidence to support continued exploration on the McKenzie East project claims," said Richard Penn, chief executive officer of the company.
The reader is cautioned that resources that exist on adjacent properties (including the McKenzie Break project) is not necessarily indicative of potential on the company's McKenzie East project.
To date, exploration on the McKenzie East project area has been limited, the company will be undergoing a review of the project database in advance of planning for the 2020 exploration season.
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.
(1) NI 43-101 technical report on the McKenzie Break project, April 17, 2018, Alain-Jean Beauregard, PGeo, and Daniel Gaudreault, Eng, of Geologica Groupe-Conseil Inc. and Christian D'Amours, PGeo, of GeoPointCom Inc.
About Black Tusk Resources Inc.
Black Tusk Resources is a Canadian exploration company developing gold-focused projects in world-class mineral regions, British Columbia's Slocan mining division and Quebec's Abitibi greenstone belt.
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