BLACK TUSK INCREASES MCKENZIE DRILLING TO 2,000M
Mr. Richard Penn reports
BLACK TUSK RESOURCES INC. DOUBLES PROPOSED PHASE 1 DRILL METERAGE FOR MCKENZIE EAST GOLD PROJECT, VAL-D'OR, QUEBEC
Black Tusk Resources Inc. is expanding its proposed phase 1 diamond drilling program for the McKenzie East gold project located north of Val d'Or, Que. The originally proposed 1,000 metres have now been doubled to 2,000 metres of drilling.
Black Tusk has successfully raised significant financing including the recently closed oversubscribed non-brokered private placement for gross proceeds of $2,368,606 (see news release dated Sept. 23, 2020). These successful financings allow for increased exploration opportunity on the McKenzie East gold project, as well as continued planning and exploration on the other four Quebec-based projects owned by Black Tusk.
The increased drilling metreage will allow for a more thorough testing of the McKenzie East target zones as determined from MMI (mobile metal ion) soil sampling, detailed drone-supported magnetometer surveying, 3-D IP (induced polarization) surveying and historic drilling (see news release dated Sept. 25, 2020). The company is financially prepared to expand the exploration drilling beyond the initial 2,000 metres upon receiving successful results at the McKenzie East, and will contemplate drill testing one or more of their other projects, such as the Lorrain PGE (platinum group element) property (see news release dated Sept. 30, 2020).
The company is excited to be able to expand testing the great potential of the McKenzie East targets and is looking forward to the start of diamond drilling.