Black Tusk Resources Inc. to Conduct 3D IP Survey ON the Mckenzie East GOLD Project, Val-D’Or, Quebec
BLACK TUSK RESOURCES INC.
500- 666 Burrard Street
Vancouver, BC, V6C 3P6
www.blacktuskresources.com
BLACK TUSK RESOURCES INC. TO CONDUCT 3D IP SURVEY
ON THE
McKENZIE EAST GOLD PROJECT, VAL-d’OR, QUEBEC
June 16, 2020, Vancouver, B.C. – Black Tusk Resourc es Inc. (“Black Tusk” or the “Company) (CSE: TUSK,
OTC: BTKRF, Frankfurt, 0NB) is pleased to announce that the Company has contracted Abitibi Geophysics
in Val d’Or, Quebec to undertake their OreVision 3D Induced Polarization Survey (IP) on the McKenzie East
gold property located north of Val d’Or. The survey is designed to use the most advanced geophysical
applications to produce high resolution results through the overburden on the property.
The IP survey will be located within the northwest area of the McKenzie East Gold Property in order to
trace possible gold-bearing structures extending ea stward from the Monarch Gold- McKenzie Break
Property. The cut-line grid is to be prepared within the coming week. The results of the IP survey will be
combined with the results of MMI processing of soil samples taken in the last month in order to locate
the best targets for diamond drilling.
In late May, the Company’s contractor VD Géo Service completed the acquisition of 205 soil samples along
pre-existing access routes and other areas that were amenable to sampling. The samples were submitted
to SGS Mineral Labs for analysis. Results of analysis are expected within the coming weeks.
The Company has acquired a permit that allows for the construction of 18 drill pads with supporting water
supply stations and access trails. Black Tusk plans to conduct this upcoming drill program in the Summer
2020 exploration season, following the completion of ground surveys.
‘’We are extremely excited to conduct 3D IP Surveying on the McKenzie East Gold Project- this advanced
technology will help us define high-priority drill targets for this Summer’s anticipated Drill Program.’’ said
CEO, Richard Penn.
The Company also announces that Alexander Tarasov h as resigned from the Board of Directors. The
Company thanks Mr. Tarasov for his tremendous service to the Company and wish him every success in
the future.
The Company also advises that it has settled outsta nding indebtedness of $31,500 in exchange for
common shares at a price of $0.065 per share. The shares are subject to a four month hold period expiring
four months from the date of issue.
Perry Grunenberg, PGeo, a "Qualified Person" as that term is defined under NI 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 Resources is a gold-focused Canadian exploration company with operations primarily based in
the world-class Abitibi greenstone belt region of Q uebec. Black Tusk currently holds 100-per-cent
ownership in five separate gold and palladium projects in Canada.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
This press release contains forward-looking stateme nts based on assumptions as of that date. These
statements reflect management’s current estimates, beliefs, intentions and expectations; they are not
guarantees of future performance. The Company cauti ons that all forward-looking statements are
inherently uncertain and that actual performance may be affected by a number of material factors, many
of which are beyond the Company’s control. Such fac tors include, among other things: risks and
uncertainties relating to exploration and developme nt; the ability of the Company to obtain additional
financing; the Company’s limited operating history; the need to comply with environmental and
governmental regulations; fluctuations in the price s of commodities; operating hazards and risks;
competition and other risks and uncertainties, incl uding those described in the Company’s Prospectus
dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions,
and results may differ materially from the estimate s, beliefs, intentions, and expectations expressed or
implied in the forward-looking information. Except as required under applicable securities legislation, the
Company undertakes no obligation to publicly update or revise forward-looking information.