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Black Tusk Explores Targets FOR Diamond Drilling ON the Mckenzie East GOLD Project, Val-D’Or, Quebec

Exploration Programs

BLACK TUSK RESOURCES INC.

500- 666 Burrard Street

Vancouver, BC, V6C 3P6

www.blacktuskresources.com

BLACK TUSK EXPLORES TARGETS FOR DIAMOND DRILLING

ON THE

McKENZIE EAST GOLD PROJECT, VAL-D’OR, QUEBEC

August 24, 2020, Vancouver, BC– Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C: TUSK, OTC:

BTKRF, Frankfurt: 0NB) is pleased to announce that the company’s exploration team are refining the

location of primary drill targets on their 100-per- cent-owned McKenzie East Gold Project, located near

Val d’Or, Quebec. The targets will be tested by diamond drilling slated to begin in early to mid-September.

The Phase 1 drilling program will consist of a minimum 1,000-metres of diamond drilling, with the initial

5 drill holes targeting depths between 200 to 300 m etres downhole. Phase 1 is designed to test the

mineralization potential of several anomalous features that occur within the northwestern section of the

1,676-hectare property.

The drilling program will test a corridor of intere st that includes elevated gold associated with copp er

returned from the MMI soil sample results (see news release dated July 20, 2020), combined with

magnetic anomalies outlined by the detailed drone survey. The team is also awaiting results from the 3D

IP survey recently completed on the property prior to setting the final locations for initial drilling.

The geologic team has recently added 4 historic diamond drill holes to the McKenzie East database. These

holes were completed by Exploration Auriginor Inc. and are documented in assessment report GM52916.

The 4 holes were completed within the Black Tusk ta rget corridor and returned significant gold results,

now recorded as the C2-B gold showing on the Sigeom website. Intercepts include 2.8 grams per tonne

(gpt) gold over 0.3 metre (m) (232.5-232.8 m downho le) and 0.9 gpt gold over 0.3 m (373.7-374 m

downhole) from CO94-10, and 1.0 gpt gold over 0.3 m (84.4-84.7 m downhole), from hole C-94-13. True

widths of mineralized intercepts are unknown.

1994 Diamond Drilling Collar Summary

ddh number ddhAZ ddhDIP utmE utmN Total length (m) Significant Au intercept*

CO -94 -10 25 65 311913 5357640 486.46 2.8 gpt (232.5-232.8)

0.9 gpt (373.7-374)

CO -94 -11 205 65 311874 5357581 502.31 0.7 gpt (80.8-81.4)

0.7 gpt (476.4-477)

CO -94 -12 25 65 312314 5357600 477.36 0.7 gpt (100.9-101.5)

0.8 gpt (285.6-286.2)

CO -94 -13 205 65 311892 5357471 221.28 1.0 gpt (84.4-84.7)

* True width of intercept unknown at this time

The presence of gold in core from the historic drilling is very encouraging and assists in determining areas

for continued exploration on the project. The Black Tusk geological team will continue to review all

available data, and will add the 3D IP survey results as soon as they are available, in order to determine

exact locations for initial phase 1 diamond drilling.

Perry Grunenberg, P.Geo, 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.

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.

On behalf of the Board of Directors

Richard Penn

CEO

(778) 384-8923