Black Tusk Resources Inc. Initiates Data Compilation ON Mogold Project, Val-D’Or, Quebec
BLACK TUSK RESOURCES INC.
500- 666 Burrard Street
Vancouver, BC, V6C 3P6
www.blacktuskresources.com
BLACK TUSK RESOURCES INC. INITIATES DATA COMPILATION ON
MOGOLD PROJECT, VAL-D’OR, QUEBEC
July 8, 2020 Vancouver, B.C.– Black Tusk Resources Inc. (“Black Tusk” or the “Company”) (C: TUSK,
OTC: BTKRF, Frankfurt, 0NB) is pleased to announce that data compilation is currently underway
for its newly acquired MoGold property located 22 k ilometres north of Val d’Or, Quebec. The
work will be undertaken by Black Tusk’s geological consultants.
The MoGold property covers 1,964 hectares over 21 claims, and adjoins Black Tusk’s PG Highway
PGE project.
As reported in a previous Black Tusk news release, the MoGold claims cover the historic Boily-
Bérubé mineral showing. The Boily- Bérubé 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, chalcopyrite and molybdenite. The veins trend along the western contact of a
quartz porphyry intrusion highly mineralized with v ery fine-grained pyrite. Excavating on the
showing carried out in 1989 revealed a pegmatititic quartz vein containing 10 to 30%
molybdenite, pyrite and traces of chalcopyrite and malachite. Black Tusk will review the
documents that report upon this mineral showing to gain a better understanding of the nature
of the mineralization, and to assess the potential for precious metals including gold.
The new claims also cover 8 drill holes that were c ompleted by Sullico Mines Ltd. in 1971-1972
and Falconbridge Inc. in 2004. Further review of the documents which report upon this historic
drilling will be undertaken.
The comprehensive data compilation includes downloa ds from a variety of publicly available
sources, including Gestion des titres miniers (Mineral Titles - GESTIM) and Système d'information
géominière du Québec (Geological Information System - SIGEOM). Included in this data are
regional geology, mineral showings, drill hole loca tions and summaries, regional airborne
magnetics, and regional rock and soil sample result s. The review also includes historic work
assessment reports that are available from the SIGEOM website.
Black Tusk will confer with their geologic support team that includes Dr. Mathieu Piché who is
also a director of the company. His experience expl oring this region of Quebec will be a great
asset to the company for planning and executing their work programs on the MoGold property,
as well as the other Black Tusk projects based in Quebec (which now includes MoGold, McKenzie
Gold Project, Golden Valley, PG Highway (PGE), and Lorrain (PGE).
Perry Grunenberg, P.Geo, a “Qualified Person” as th at term is defined under NI 43-101, has
reviewed and approved the technical information con tained in this news release. Mr.
Grunenberg is also a Director of the Company.
About Black 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 Quebec. Black Tusk currently holds
100-per-cent ownership in six separate gold and palladium properties in Canada.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news r elease contains certain “forward-looking informatio n”
within the meaning of applicable securities law inc luding statements relating to conferring with
management, planning a work program on the MOGold C laims and programs for other projects in the
region. Forward-looking information is frequently c haracterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain
events or conditions “may” or “will” occur. Forward -looking statements are based on the opinions and
estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or res ults to differ materially from those anticipated in the
forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals,
including that of the CSE, inability to effectively plan a program, unavailable financing, third party land
claims or failure to obtain permits. There are unce rtainties inherent in forward-looking information,
including factors beyond the Company’s control. The re are no assurances that the business plans for th e
Company as described in this news release will come into effect on the terms or time frame described
herein. The Company undertakes no obligation to update forward-looking information if circumstances or
management’s estimates or opinions should change ex cept as required by law. The reader is cautioned
not to place undue reliance on forward-looking stat ements. Additional information identifying risks an d
uncertainties that could affect financial results i s contained in the Company’s filings with Canadian
securities regulators, which are available at www.sedar.com.