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Black Tusk Resources Inc. Issues Options and Marketing Engagements

Marketing Announcement

BLACK TUSK RESOURCES INC.

500- 666 Burrard Street

Vancouver, BC, V6C 3P6

www.blacktuskresources.com

Black Tusk Resources Inc. Issues Options and Marketing Engagements

February 21, 2023 – Vancouver, British Columbia. Black Tusk Resources Inc. (the “Company ”) (CSE:

TUSK) (CSE: TUSK, Frankfurt: 0NB, OTC: BTKRF) announces that it has granted 3,174,000 stock options

with a two year term and an exercise price of $0.07 5 per share, of which 1,250,000 of the issued optio ns

were issued to directors and officers of the Company.

In addition, the Company announces that it has also entered a marketing service contract with Outside The

Box Capital Inc. ("OTCB"), a Toronto-based online marketing firm, to provide marketing services for a three

month term. In connection with the Contract, the Co mpany paid $50,000 and has issued 325,000 stock

options to OTCB with an exercise price of $0.075 wi th a two year term. With the exception of the 325,0 00

options, Neither OTCB nor any of its principals cur rently own any interest, directly or indirectly, in the

Company. OTCB and its principals are arm’s length parties to the Company.

The Company has also engaged Winning Media LLC (“Wi nning Media”) to provide digital advertising

services to the Company. Services to be provided b y Winning Media include marketing (daily display ad s

and landing pages) and data analytics services for a three-month term. Winning Media will be paid

US$75,000, payable in advance of the initiation of services. Neither Winning Media nor any of its principals

currently own any interest, directly or indirectly, in the Company. Winning Media and its principals are arm’s

length parties to the Company. Winning Media is a H ouston, Texas based marketing agency that

specializes in digital and corporate brand marketin g services to enhance corporate visibility and reta il

investor awareness. The services provided by Winni ng Media will be primarily provided by Ty Hoffer, t he

principal of Winning Media.

On behalf of the Board of Directors

Richard Penn

CEO

(778) 384-8923

Cautionary Statement

Except for statements of historic fact, this news release contains certain “forward-looking information” within

the meaning of applicable securities law including statements relating exploration program expenditure s.

Forward-looking information is frequently character ized by words such as “plan”, “expect”, “project”,

“intend”, “believe”, “anticipate”, “estimate” and o ther similar words, or statements that certain even ts or

conditions “may” or “will” occur. Forward-looking s tatements are based on the opinions and estimates a t

the date the statements are made, and are subject t o a variety of risks and uncertainties and other fa ctors

that could cause actual events or results to differ materially from those anticipated in the forward-l ooking

statements including, but not limited to delays or uncertainties with regulatory approvals, including that of

the CSE, inability to effectively plan a program, t hird party land claims or failure to obtain permits . There

are uncertainties inherent in forward-looking infor mation, including factors beyond the Company’s cont rol.

There are no assurances that the business plans for the Company as described in this news release will

come into effect on the terms or time frame describ ed herein. The Company undertakes no obligation to

update forward-looking information if circumstances or management’s estimates or opinions should change

except as required by law. The reader is cautioned not to place undue reliance on forward-looking

statements. Additional information identifying risk s and uncertainties that could affect financial res ults is

contained in the Company’s filings with Canadian se curities regulators, which are available at

www.sedar.com.