• Mr. Richard Penn

BLACK TUSK DISCOVERS NEW GOLD ZONE AT GOLDSMITH

Mr. Richard Penn reports

TRENCHING DISCOVERS NEW GOLD ZONE WITHIN GOLD CORRIDOR ON THE GOLDSMITH PROPERTY

Black Tusk Resources Inc. is pleased with the results of its 2018 trenching and rock sampling program. Calculated head grades, including 14.42 grams per tonne gold from the Arsenopyrite vein, 5.34 grams per tonne gold from the Black vein and 5.26 grams per tonne gold from the Hamburger vein, were reported from the Met-Solve Analytical process (please see Black Tusk Resources' previous news release for more information).


The areas of the 2018 testing fall within a one-kilometre corridor of historic workings, with more recent exploration having returned very significant gold values from individual samples. Most of the historic work concentrated on the abundance of quartz veining exposed along the corridor.

The Met-Solve Analytical bench-scale processing of trench samples summarized that most of the samples are amenable to centrifugal gravity concentration. Gravity-recoverable gold values ranged from 48.9 per cent to 85.9 per cent. In particular, the Hamburger vein system showed the highest percentage of gold recovery by the gravity processing.


An elongate 450-metre zone of initial high interest is outlined by the Hamburger-Arsenopyrite-Black vein system. The mineralization and geology exposed in trenching of these gold-bearing structures indicate that they may be aligned along a controlling shear zone. The structure contains an abundance of quartz veining as well as sulphide minerals, including arsenopyrite, pyrite and pyrrhotite. The zone presents a high-level target for future work.


Black Tusk Resources is looking forward to further exploring the vein system of initial high interest, as well as continuing to explore the corridor of historic mining on the Goldsmith property. Planning for the 2019 exploration season is now under way.


About Black Tusk Resources Inc.


Black Tusk Resources is engaged in exploration of its mineral property located in British Columbia, Canada. Pursuant to the Goldsmith option agreement, the company currently has an option to acquire a 100-per-cent undivided interest in the Goldsmith property situated in the Kootenays, approximately 65 kilometres north of the city of Kaslo, B.C.


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.

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