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Black Tusk Resources Inc. Completes First Diamond Drill Hole 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 RESOURCES INC. COMPLETES FIRST DIAMOND DRILL HOLE

On The

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

February 2, 2021, Vancouver, B.C. – Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C: TUSK ,

OTC: BTKRF, FRA: 0NB) is pleased to announce that the first drill hole had been completed on the on the

McKenzie East gold property located north of Val d’Or, Quebec. Hole MKE 21 -01 intersected bedrock

within 20 metres of surface and cored down to 4 02 metres total length. Drill core is currently being

logged and sampled at the Black Tusk facility located near to the property. Samples will be sent to ALS

Laboratory located in Val d’Or.

The start-up of the first drill hole was personally observed by Black Tusk’s CEO Richard Penn, CFO Roman

Rubin as well as Chief Geologist, Perry Grunenberg. TUSK management team also visited the core

processing facility at the property as part of their project tour undertaken during the week of January

25-29, 2021.

Drill hole MKE 21-01 was designed to test an Induced Polarization (IP) chargeability high with associated

moderate resistivity. This hole was proposed as a primary target by local geophysical consultant Abitibi

Geophysics, which displays as a highlighted target on their IP profiles. The drill hole orientation summary

is provided below.

Summary of Drill Hole MKE 21-01, McKenzie East project

Drill Hole id IP LINE

UTM NAD 83 Zone 18

DIP AZ Depth (m) EAST NORTH

MCK21-01 L2600E 312600 5357250 -60 20 402

The company is very excited about the potential for new discovery through diamond drilling on the

McKenzie East Gold Property. This particular area may be considered underexplored when compared to

adjacent areas of the Abitibi Region, although the McKenzie Break mineral resource is located within

two kilometres west of the Black Tusk Project, and other mineralized zones hav e been identified to the

east and west of the project area. It is believed that the swampy ground conditions within much of the

property have hindered modern exploration. Black Tusk has overcome these obstacles and has been

able to mobilize a diamond drill onto to the property to test targets as identified by magnetometer and

induced polarization surveys, and MMI (Mobile Metal Ion) soil sampling.

Black Tusk plans to continue diamond drilling a number of targets identified by their geophysical and

geochemical surveys. The targeted drill holes are within an area of approximately one kilometre by 700

metres along the geologic trend of the area . Pad and access construction is continuing as the drilling

progresses.

The Black Tusk winter 2021 diamond drilling program is supervised by VD G éo Service based in Val d’Or,

including Black Tusk company director Dr. Mathieu Piché, OGQ.

Cautionary Statement

This press release contains forward- looking statements 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 cautions 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 factors include, among other things: risks and

uncertainties relating to exploration and development; 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 prices of commodities; operating hazards and risks;

competition and other risks and uncertainties, including those described in the Company’s Prospectus

dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events,

conditions, and resul ts may differ materially from the estimates, 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