Black Tusk Resources Inc. Completes Data Compilation 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. COMPLETES DATA COMPILATION
MOGOLD PROJECT, VAL D’OR, QUEBEC.
July 29, 2020, Vancouver, BC – Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C: TUSK
OTC:BTKRF, FRANKFURT: 0NB) is pleased to announce that data compilation has been undertaken on its
MoGold property located 22 kilometres north of Val d’Or, Quebec.
The MoGold property covers 1,964 hectares over 21 claims, and adjoins Black Tusk’s PG Highway Platinum
/ Paladium project.
The comprehensive data compilation included 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). In cluded in this data are regional geology, mineral
showings, drill hole locations and summaries, regio nal airborne magnetics, and regional rock and soil
sample results. The review also includes historic w ork assessment reports that are available from the
SIGEOM website.
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 o f 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 very fine-grained pyrite. Excavating on the showing carried out in 1989 revealed
a pegmatititic quartz vein containing 10 to 30% mol ybdenite, pyrite and traces of chalcopyrite and
malachite.
The MoGold claims cover 8 historic drill holes that were completed by Sullico Mines Ltd. in 1971-
1972 and Falconbridge Inc. in 2004. Review of the r eports that summarize this drilling include
drill logs and assay tables. A table summarizing drill hole locations is provided below.
Hole Number Company Year UTM E UTM N Azimuth Dip Depth (m)
F71-1 SULLICO MINES LTD 1971 296242 5355357 343 50 1 50.88
F-1-72-1 SULLICO MINES LTD 1971 296646 5355626 360 5 0 64.92
F-1-72-2 SULLICO MINES LTD 1971 297885 5355359 17 50 80.77
F2-72-1 SULLICO MINES LTD 1971 299009 5354498 227 60 99.97
F2-72-2 SULLICO MINES LTD 1972 299037 5353699 227 45 46.33
F-2-72-3 SULLICO MINES LTD 1972 299154 5353227 227 4 5 61.57
FIE-15-04-01 FALCONBRIDGE INC 2004 297933 5354767 5 4 45 206
FIE-15-04-02 FALCONBRIDGE INC 2004 297969 5354752 5 4 45 176
Five drill holes completed in 1972 did not have ass ociated geochemical analysis or drill logs
provided in the reference reports. The below table summarizes the more significant values that
were returned from drill core sample analysis, sorted by highest to lowest copper value.
1. -99 indicates that no analysis was performed
2. All values are as reported in assessment reports (GM report) and are not to be relied upon other than for historic compilation
3. Sample intervals are downhole intercepts only and do not reflect actual width of the mineralized body.
The highest gold value of 0.173 grams per tonne was from drill hole FIE-15-02 from 126.5 to 127
metres downhole depth. Strong correlation of elevat ed gold with silver, copper and zinc is
apparent from these results. Also, bismuth has correlation with elevated gold, silver, and copper.
The highest molybdenum value of 5800 ppm occurs in hole F71-1 from 130.14 to 131.06 metres
downhole depth.
The property is underlain by basaltic volcanoclastic rocks that trend across this part of the Abitibi
geological belt. Komatiite and other ultramafic roc ks are contained within the basalts. To the
northwest of the property, the mafic rocks are in c ontact with monzonite and granodiorite
intrusive rocks.
The regional magnetic mapping indicates that a numb er of magnetic highs occur within the
property. These are likely related to magnetite wit hin the ultramafic rocks that have been
mapped in the area. Elevated nickel values have bee n returned from some of the historic drill
core (up to 2030 ppm Ni from hole FIE-15-04-01, 189.1-190.6 metres downhole). These might be
associated with the Komatiite intrusions.
Black Tusk will continue to analyze and add to the historic information database. TUSK geological
team is expected to be on the ground in late summer to early fall in order to locate and possibly
sample the Boily-Bérubé mineral showing with a focus on gold.
Black Tusk will continue to confer with their geolo gic support team that includes Dr. Mathieu
Piché who is also a director of the company. His experience exploring this region of Quebec is a
great asset to the company in planning and executin g their work programs on the MoGold
property, as well as the other Black Tusk projects based in Quebec (which now includes MoGold,
McKenzie East gold, Golden Valley, PG Highway (PGE), and Lorrain (PGE).
hole id year GM report sampleid from m to m intvl m Cu ppm Zn ppm Au gpt Ag gpt Ni ppm Mo Bi ppm Pb ppm Geology
FIE-15-04-02 2005 62134 504268 126.5 127 0.5 7490 533 0.1730 18.2 197 3 196 89 Basalt. po. py. cp
FIE-15-04-02 2005 62134 504266 124.5 125.5 1.0 6040 3140 0.0260 7 351 5 7 20 Basalt. po. py. cp
F71-1 1971 26958 489 70.10 70.86 0.76 2000 3800 0.0002 0.3 200 -99 -99 -99 basalt brxx w CP
F71-1 1971 26958 490 70.86 71.78 0.91 1900 2000 0.0002 0.06 20 0 -99 -99 -99 basalt brxx w CP
FIE-15-04-02 2005 62134 504265 123 124.5 1.5 1060 100 0.0230 0.8 294 2 <2 11 Basalt. po. py. cp
F71-1 1971 26958 491 72.54 73.61 1.07 800 1500 0.0002 tr 100 -9 9 -99 -99 basalt brxx w CP
FIE-15-04-02 2005 62134 504213 20.4 20.7 0.3 681 46 0..0002 0.5 23 <1 3 <2 Diorite. epidote. po. cp
FIE-15-04-02 2005 62134 504224 32.4 33.55 1.2 678 56 0..0002 0.2 3 2 <2 <2 Diorite. epidote. po. cp
F-2-72-3 1972 28078 633 58.21 59.13 0.91 600 1880 -99.0000 -9 9 200 -99 -99 100 silic volc tuff
FIE-15-04-01 2005 62134 502576 173.4 174 0.6 577 41 0..0002 0 .4 3 1 2 3 komatiite
FIE-15-04-02 2005 62134 504225 33.55 34.7 1.2 568 56 0..0002 0.2 6 1 <2 <2 Diorite. epidote. po. cp
FIE-15-04-02 2005 62134 504264 121.5 123 1.5 568 92 0..0002 0.3 290 2 <2 14 Basalt. po. py. cp
FIE-15-04-02 2005 62134 504240 55 55.4 0.4 487 90 0..0002 0.3 6 1 <2 3 Diorite. epidote. po. cp
FIE-15-04-02 2005 62134 504226 34.7 36.2 1.5 394 58 0..0002 0.2 27 1 2 <2 Diorite. epidote. po. cp
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 Quebec. Black Tusk
currently holds 100-per-cent ownership in six separate gold and platinum/palladium
properties 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.