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CANADA’S NEXT GREAT GOLD PLAY

HAS ARRIVED

Black Tusk Resources’ (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB) Golden Valley Project Offers Investors High Upside Potential in the Near Term

This could be the next fast-moving exploration opportunity.

Thanks to a significant property – with a history of high grade gold mineralization – one up-and-coming gold exploration company could offer investors high upside potential in the coming weeks.

Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB) is on the hunt for the next gold deposit in one of Canada’s most prolific mining jurisdictions, Abitibi Greenstone belt, Val D’Or mining region, Quebec. (Valley of Gold)

 

With a fully funded exploration program…a large property in a prolific mining district…and a substantial drill program to be commenced in the summer of 2019…now is the time for investors to be adding shares of Black Tusk Resources to their portfolio.

What’s Next:
Summer 2019 Drill Program

Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB) recently completed a comprehensive reconnaissance and drill program planning on Golden Valley Project.

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.

Positive results from these studies will not only help trigger a potential drilling program for Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB), the results from the planed drill program could also be a strong catalyst for helping increase the value of the company’s shares.

Richard Penn, President & CEO; Perry Grunenberg, Director & Exploration Geologist; Roman Rubin, CFO & Director at Osisko’s Malartic gold mine, Abitibi, Quebec.

Black Tusk’s Golden Valley Project
is Located in a Historic Mining Region
Val D’Or, Quebec. (Valley of Gold)

Black Tusk Resources’ crown jewel Golden Valley Project is located in the Abitibi Greenstone belt, in the Val D’Or mining region, Quebec. (Valley of Gold)

The Golden Valley Project consists of 37 claims totaling:

1,850 hectares located 170 kilometers northwest of the city of Val-D’or, Quebec.

The Golden Valley Project is situated within the Abitibi Greenstone belt, which is home to many significant mineral deposits.

  • 1601 Ha, 170km NW of Val D’or

  • Contains the Laberge Paradis historic showing

  • Drilled in 1987, 1996 and 2003

  • Drillhole highlights include; 1.8 g/t over 4.5m @141m 1.5 g/t over 1m @122m 4.1 g/t over 0.5m @67m 1.4 g/t over 0.7m @151m 2.5 g/t over 0.9m

  • Historic Drillholes are 350m from main road and accessible.

  • Contains multiple drill ready targets with historic mineralized zones that can be intersected through drilling.

The Leberge Deformation Zone, that is similar to the gold-bearing Casa-Berardi Fault structure, passes through the property.

Highlights
The Golden Valley Project

Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB)  has a series of assessment and academic reports to summarize previous work on the property, which included airborne geophysics, geochemical and geological surveys, and diamond drilling. Some of the more significant reported drill results include:

  • Drill hole LAB 87-B2 returned 1.82 grams per tonne (g/t) gold over 4.5 metres.

  • Drill hole LAB 109-03-01 returned 1.4 g/t over 0.7 m Drill hole 34-96-02 returned 1.55 g/t gold over 1m Drill hole 34-96-04 returned 4.10 g/t over 0.5 m

The historic drilling was undertaken in close proximity to main roads that are conveniently accessible for further work, including continued exploration of drill-ready targets.

Black Tusk Resources’ (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB) Structured to Perform and Led by an Experienced Management Team

Investors looking for a potentially fast-moving exploration play should consider an investment in Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB), as the company has just 21 million shares outstanding.

Here’s how that stacks up:

On the Canadian Securities Exchange, there are 132 mining/exploration companies listed…and those companies have an average of 64.48 million shares outstanding.

But with just 21 million shares outstanding, Black Tusk investors can feel confident that the company’s shares are well-positioned to benefit from news regarding the summer 2019 drill program on the Golden Valley Project.

In addition, the company recently closed a private placement – and exploration to determine the Golden Valley Project’s potential has been fully funded…so the company is in sound financial shape moving forward.

Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NB), is led by an experienced management team…one with a history of success leading businesses and building value for shareholders. Black Tusk Resources is led by…

Richard Penn – Chief Executive Officer and Director

Chief Executive Officer and Director Mr. Penn first started off in the capital markets industry in 2009 as a stockbroker. Richard worked at Mackie Research Capital from attending the Canadian Securities Institute, completing the (Securities Course & Wealth Management designations). Before leaving the brokerage industry in 2014, Mr. Penn helped take Five Star Diamonds(TSX-V: STAR) public on the TSX Venture Exchange, then advancing into the public company sector. In late 2014 Mr. Penn IPO’ed a new company, Maccabi Ventures which then went on to become Curaleaf Holdings (CSE: CURA). Mr. Penn is currently a Director of Rain City Resources (CSE: RAIN), a mineral exploration company trading on the CSE Exchange. Mr. Penn is one of the founding Directors of Black Tusk Resources and is the company’s President & CEO.

Roman Rubin – Chief Financial Officer, Secretary and Director

After completing Harvard Law’s Power of Negotiations and Canadian Securities Course, Mr. Rubin got his start in the Finance Industry on Toronto’s famed Bay Street. Roman was the Vice President-Wealth Management & Branch Manager at League Investment Services from . Mr. Rubin then went on to become the Vice President- Dealing Representative of Quantus Investment Corp from 2013-2014. In late 2014, Mr. Rubin IPO’ed Maccabi Ventures, that went onto become the successful Curaleaf Holdings(CSE: CURA) deal. Roman is currently a Director of RainCity Resources(CSE: RAIN), a publicly traded mineral exploration company. Mr. Rubin is one of the founding Directors of Black Tusk Resources and is the company’s Chief Financial Officer.

Perry Grunenberg, Director & Exploration Geologist

Mr. Grunenberg has a B.Sc. degree in geological sciences. He is a Professional Geoscientist, registered with the Engineers and Geoscientists of British Columbia since 1992. Mr. Grunenberg has worked for more than 30 years on many projects in various parts of the world, including the famous gold camps of Dawson City Yukon, Pogo district in Alaska, and Barkerville, Bralorne, Tulameen, and various other gold districts in British Columbia. Mr. Grunenberg also has experience with lead-zinc, molybdenum, copper, tungsten, diamonds, and other deposit types. Mr. Grunenberg has worked as a consultant to both major and junior mining companies and has completed contracts for government agencies.

Alex Klenman, Director

Mr. Klenman draws on over 30 years of business development, finance, marketing, media and corporate communications experience in both the private and public sectors. He is a co-founder of Nexus Gold Corp. and served as chairman for three years before being named president and chief executive officer in May, 2018. Currently, he is also the president and chief executive officer of Azincourt Energy as well as a board member of both Urban Select Capital and Ross River Minerals. Prior to 2012, Mr. Klenman also served as a communications consultant for several TSX Venture Exchange-listed resource companies, including Roxgold Inc., Integra Gold, Forum Uranium and Midnight Sun Mining.

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Reasons Investors Should Consider Buying Black Tusk Resources’
(CSE: TUSK); (OTC: BTKRF); (FRK: 0NB) Right Away

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High Upside Opportunity

With only 21 million shares outstanding, Black Tusk Resources’ share structure is perfect for investors looking for significant upside potential. The company lands in the bottom quarter of companies in terms of outstanding shares, positioning its shares to benefit from news from its Golden Valley Project.

Attractive Property

Black Tusk’s Golden Valley Project consists of 37 claims totaling

1,850 hectares located 170 kilometers northwest of the city of Val-D’or, Quebec.

The Golden Valley Project is situated within the Abitibi Greenstone belt, which is home to many significant mineral deposits.

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History of the Val-D'Or Mining Region

Situated on the Canadian Shield, the city of Val-D’Or’s name translates to “Valley of Gold” where gold is still mined in the area. Its strong history began in the 1920s, when gold was discovered there. It was incorporated as a village in 1935, ushering in a healthy gold rush. Base metals ranging from copper, lead and zinc are also abundant resources scattered throughout the region. Other major companies operating near by include Agnico-Eagle Mines (TSE:AEM), Osisko Mining (TSE:OSK) and Bonterra Resources(TSE:BTR), AMEX Exploration (AMX:TSX-V).

This prolific mining region gained major attention in 1983 when
Inco Exploration made a gold mineralization discovery at its Golden Pond Project as well Teck Resources gold-silver-zinc-copper discovery at its Estrades Project.

Near Term Catalysts

Black Tusk Resources (CSE: TUSK); (OTC: BTKRF); (FRK: 0NBis about to commence the summer 2019 Diamond Drill Program on its Golden Valley Project.

The property was found to be easily accessed by all-year highway, 40 minutes north from La Sarre, the closest town that contains support for work crews. Several proposed drill sites were located on the property and were found to be readily accessible once a permit has been obtained for the 2019 exploration program.

The Black Tusk team visited the Casa Berardi mine, located 26 kilometres farther up the road, north from Golden Valley. The mine is currently operated by Hecla Mining as a combination of underground and open-pit extraction. In general, the team was impressed by the proximity of this operation to the Golden Valley Project as well as by the number of other gold mining operations that were noted while travelling through the Abitibi area. The mineral wealth of this region, as represented by past and current producers, is impressive.

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.

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