• Mr. Richard Penn

BLACK TUSK RESOURCES STAKES SIX CLAIMS AT MOGOLD

Mr. Richard Penn reports


BLACK TUSK RESOURCES INC. STAKES ADDITIONAL CLAIMS ON MOGOLD PROPERTY, VAL D' OR, QUEBEC


Black Tusk Resources Inc. has added additional claims to the MoGold property located north of Val d'Or, Que.


With the addition of six new claims, the MoGold property now comprises 27 claims totalling 1,355 hectares. The claims are located west of Highway 397, 22 kilometres north of Val d'Or, Que. The newly added MoGold claims cover four diamond drill holes that were completed from 1973 to 2009. These drill holes are currently being reviewed and summarized for addition to the property database, which now includes 12 historic diamond drill holes.


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 pegmatitic quartz vein containing 10 per cent to 30 per cent molybdenite and pyrite, and traces of chalcopyrite and malachite. Bismuth mineralization had been noted in some of the historic drilling. Black Tusk's geologic team interprets the geology and recorded mineralization to have potential for intrusion-related gold mineralization.


Black Tusk will continue compiling and reviewing available information for the MoGold property to delineate targets for exploration.


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.


About Black Tusk Resources Inc.


Black Tusk holds title to five mineral properties in Quebec's Abitibi greenstone belt. Three of these properties are located to the immediate north of Val d'Or. This includes the McKenzie East gold project and the PG Highway and MoGold properties. The other properties are Golden Valley (located north of La Sarre) and Lorrain (located immediately south of Lorrainville, Que.). The McKenzie East gold property is scheduled to begin diamond drilling on Jan. 15, 2021. The Lorrain property is also scheduled for drilling in winter 2021.


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