• Mr. Richard Penn

BLACK TUSK SAMPLES 29.89 G/T AU AT GOLDSMITH

Updated: Jun 6, 2018

Mr. Richard Penn reports


BLACK TUSK RESOURCES VERIFIES HIGH GRADE GOLD ON THE GOLDSMITH PROPERTY

Black Tusk Resources Inc. has released results from rock sampling on its Goldsmith property. The rock sampling was undertaken earlier this year to verify the existence of high-grade gold values reported in previous work. Results include a grab sample from old mine workings that returned 29.89 grams per tonne gold, and a grab sample from an old trench that returned 27.5 grams per tonne gold. Results also include 13.34 grams per tonne gold from a 30-centimetre-wide quartz vein, and 12.53 grams per tonne gold from a 1.5-metre chip sample taken across a group of narrow quartz veins.


The Goldsmith property contains a group of historic mine workings, pits and trenches along a greater-than-two-kilometre strike length. These historic workings are located within areas where numerous quartz veins occur. The veins average 50 centimetres in width, although in several instances veins of one to two metres or more have been observed. Previous sampling of the historic workings by past operators has reported the presence of widespread, high-grade gold mineralization (see technical report on the Goldsmith property, Linda Dandy, March 20, 2017).


The recent Black Tusk sampling tested a number of these zones with 19 rock samples taken along a 1.7-kilometre traverse across the property. Results of sampling are shown in the attached table. All samples were sent to Bureau Veritas Mineral Laboratory in Vancouver, B.C., where they underwent the lab's AQ270 34-element aqua regia ICP-ES/MS process. The samples were further analyzed for gold by the lab's FS652 50-gram metallic screen fire assay process.


Samples were either chip sample or grab sample taken from mineralized quartz veins or other structures. High gold values were found to commonly be associated with elevated arsenic, lead, bismuth, silver and other elements.


In 2018, the company plans to complete compilation of available geochemical and geophysical data, and undertake surface mapping and sampling. The company also plans to complete light detection and ranging (Lidar) surveying for obtaining detailed topographic control on the property.


"We are very pleased with the results from this verification sampling, and are eager to begin the 2018 exploration season on the Goldsmith property," said Richard Penn, chief executive officer of the company.


About Black Tusk Resources Inc.

Black Tusk is engaged in the acquisition and 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.


Linda Dandy, PGeo, a qualified person, authored the company's technical report on the Goldsmith property. 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.

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