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RESULTS

2019 DRILL RESULTS COMING THIS SEPTEMBER

The site visit by the exploration team was designed to follow up on the historic work completed on the property, where mineralized zones returned significant high grade gold values from historical diamond drilling.

Historic drill results from the property have revealed high-grade results, including:

• Drill hole LAB 87-B2, which returned 1.82 grams per tonne gold over 4.5 metres from 57 metres to 61.5 metres of depth (including 1.4 grams per tonne from 57 metres to 58.5 metres, 2.15 grams per tonne from 58.5 metres to 60 metres and 1.9 grams per tonne from 60 metres to 61.5 metres (Exploration Trois-Dimensions Inc., 1987 report GM45605));
• Drill hole LAB 109-03-01, which returned 1.4 grams per tonne gold over 0.7 metre;
• Drill hole 34-96-02, which returned 1.55 grams per tonne gold over one metre from 102.3 metres to 103.3 metres of depth (Freewest Resources Canada Inc., 1996 report GM54344);
• Drill hole 34-96-04, which returned 4.1 grams per tonne gold over 0.5 metre from 55.4 metres to 55.9 metres of depth (report GM54344).

Positive results from the historical drill program is the reason why the TUSK management team decided to expand on these holes and “fan out” further drill targets from there.

Black Tusk has submitted an application to permit 15 drill pad locations on the Golden Valley Project. The authorized permit for this drilling program is expected to be received in early June, 2019.

In the fall of 2018, TUSK completed a trenching program on the Goldsmith Project, highlighted trench results below: 14.42 grams per tonne gold from the ASP No. 1 vein, 5.34 grams per tonne gold from the Black vein No. 1 and 5.26 grams per tonne gold from Ham No. 2

In the spring of 2018, Black Tusk sampling tested a number of these zones with 19 rock samples taken along a 1.7 kilometer traverse across the property. Results of sampling are tabled below. All samples were sent to Bureau Veritas Mineral Laboratory in Vancouver, BC, where they underwent the labs 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.

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