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Black Tusk Resources Inc. Completes Magnetometer Surveying on the McKenzie East Project

Corporate Updates

BLACK TUSK RESOURCES INC.

500- 666 Burrard Street

Vancouver, BC, V6C 3P6

www.blacktuskresources.com

Black Tusk Resources Inc. Completes Magnetometer Surveying on the McKenzie East Project

February 6, 2020, Vancouver, BC – Black Tusk Resources Inc. (“Black Tusk” or the “Company) (CSE: TUSK,

Frankfurt: 0NB, OTC: BTKRF ) is pleased to announce that magnetometer surveying has been completed

on the McKenzie East Project located 30 kilometres north of Val d’Or, Quebec. The survey was conducted

by Geophysique TMC utilizing Vision 4K unmanned aerial vehicle ( UAV-drone) carrying a Scintrex Cs -Vl

Cesium Vapor magnetometer. The majority of the claims were covered at 50 metre line spacing.

The magnetic survey provides high resolution data to assist in target definition for eventual diamond

drilling. The data acquisition has been completed on the property, with maps and final reporting expected

in the following weeks.

Black Tusk is looking forward to continued exploration of the McKenzie East gold project in the following

field season. The current magnetic survey will provide information to assist in directing this exploration

program as well as define potential drill targets.

The Company also announces that it has issued 2,101,500 common shares at a price of $0.05 to extinguish

outstanding indebtedness of $105,575. Of the shares issued, 200,000 common shares were issued to

Alexander Tarasov a director of the Company. The shares are subject to a hold period expiring four

months and one day from the date of issuance.

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 t his news release. Mr. Grunenberg is also a director of

the Company.

On behalf of the Board of Directors

Richard Penn

CEO

(778) 384-8923

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 bey ond 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 wit h 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 results 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.