• Mr. Richard Penn

BLACK TUSK OUTLINES 2022 PG HIGHWAY, MOGOLD EXPLORATION

Mr. Richard Penn reports


BLACK TUSK RESOURCES INC. PLANNING 2022 EXPLORATION ON THE PG HIGHWAY AND MOGOLD PROJECTS


Black Tusk Resources Inc. has released its 2022 exploration plans for the PG Highway (PGH) and MoGold projects located north of Val d'Or, Que. The MoGold and PGH projects cover 2,400 hectares with 43 adjoining claims that are directly accessed by Highway 397 approximately 30 kilometres north from Val d'Or. The claims cover areas that were historically explored for gold and base metals. Black Tusk is broadening the scope of exploration to include potential volcanogenic massive sulphide (VMS) and komatiite-hosted PGE (platinum group element) mineralization. Exploration is to include continued lithologic sampling and deep-penetrating electromagnetic (EM) surveys. Targets derived from these surveys will be tested by diamond drilling.


The MoGold and PGH properties are staked over a section of the Abitibi greenstone belt which is one of the world's largest, best-exposed and most richly mineralized Archean greenstone belts. The belt contains world-class orogenic lode gold and copper-zinc VMS deposits, and significant nickel-copper-PGE mineralization (2011 Society of Economic Geologists Reviews in Economic Geology, v. 17, p. 89-121; Komatiite-Associated Ni-Cu-(PGE) Deposits, Abitibi Greenstone Belt, Superior Province, Canada).


In 2021, Black Tusk completed 153 line kilometres of drone magnetometer surveys over the PG Highway and MoGold projects. The results of the survey provided targets for Black Tusk's geologic team that conducted rock sampling over the two properties. The team sampled historically documented mineralized areas and new exploration zones. A total of 108 rock samples were obtained and tested at ALS laboratory. Results returned elevated gold, copper, silver and zinc values from samples taken from both properties (see news release dated Jan. 10, 2022). The highest gold samples were returned from channel samples taken from the PG Highway claims, with 0.035 gram per tonne, 0.019 gram per tonne and 0.015 gram per tonne from samples that were highly mineralized with pyrite. Samples with elevated copper and/or gold were noted in some cases to contain elevated silver (to 0.65 part per million) and zinc (to 1,135 ppm).


Twelve rock samples were selected for platinum-palladium screen testing. One of these (sample B0116758) from the MoGold property returned a combined 0.15 gram per tonne Pt-Pd with 702 ppm nickel and 199 ppm copper. This potential PGE target will be further explored in the coming year.

Dr. Mathieu Piche, member of the Black Tusk geological team, notes that there is potential for volcanogenic massive sulphide deposition on these claims based upon the geology and some of the geochemical characteristics, as well as the presence of near-massive to massive pyrite and pyrrhotite on the PGH property. As well, in the area of the MoGold and PGH ground, the Abitibi belt contains komatiite within basaltic volcanic rocks. The komatiites are considered prospective for Ni-Cu-PGE mineralization. Three documented PGE showings (from Sigeom: Lynx, La Tour, Route 397) are mapped within four kilometres of the Black Tusk claims. Black Tusk will continue to explore PGE as a potential target.


The proposed 2022 EM surveys over the target areas will trace sulphide-bearing zones to depth. Following the EM survey, further prospecting and rock sampling followed by diamond drilling is planned to test the targets. This work is expected to be carried out in the spring and summer of 2022.


We seek Safe Harbor.

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