Black Tusk Resources Inc. Receives Results from Core Sampling ON Their Golden Valley Project, Quebec
BLACK TUSK RESOURCES INC.
500- 666 Burrard Street
Vancouver, BC, V6C 3P6
www.blacktuskresources.com
BLACK TUSK RESOURCES INC. RECEIVES RESULTS FROM CORE SAMPLING
ON THEIR
GOLDEN VALLEY PROJECT, QUEBEC
October 2, 2019, Vancouver, BC – Black Tusk Resources Inc. (“Black Tusk” or the “Company) (C: TUSK) is
pleased to announce the results of their diamond drilling program on the Golden Valley project located in
northwest Quebec. The program comprised 1,458.2 metres over 11 holes within the property. The holes
ranged from 125 to 201 metres in length. The drill holes were spread over an approximate four kilometre
strike length within favorable geology. Drilling was designed to verify historic gold-bearing intercepts and
to expand upon those intercepts, and to test geological and geophysical targets interpreted from existing
regional data.
The drill core was logged and sampled at a facility located in Villebois, approximately 25 kilometres south
of the property. All core was NQ size diameter.
The best gold results were obtained from drill hole GV-003 that returned 0.335 grams per tonne gold over
2 metres (weighted average 62 -64 metres). As well, d rill hole GV-001 returned 0.155 grams per tonne
gold over 2 metres core intercept.
The drill hole summary table is provided below:
Project HOLE id Azimuth Dip Length
UTM NAD83
17U - East
UTM NAD83
17U - North
Golden Valley GV-001 45 -45 153 631461 5465626
Golden Valley GV-002 52 -45 48.9 631414 5465578
Golden Valley GV-003 52 -45 137 631412 5465583
Golden Valley GV-004 50 -45 141 631455 5465545
Golden Valley GV-005 50 -45 158 631189 5465953
Golden Valley GV-006 50 -45 151 631295 5465766
Golden Valley GV-007 55 -45 144 631504 5465067
Golden Valley GV-008 42 -45 150 631397 5465122
Golden Valley GV-009 45 -60 201 634030 5463106
Golden Valley GV-010 70 -60 24 634134 5462804
Golden Valley GV-011 70 -60 150 634132 5462799
Significant results (>0.1 g/t Au) from the 2019 drilling program are summarized below:
PROJECT HOLE_id From (m) To (m)* Sample_id Au g/t
Golden Valley GV-001 140 141 X445539 0.138
Golden Valley GV-001 142 143 X445541 0.171
Golden Valley GV-003 62 63 X445554 0.455
Golden Valley GV-003 63 64 X445555 0.214
Golden Valley GV-004 51 52 X445596 0.344
*True intercept widths have not been calculated for the results shown above.
Holes GV-002, GV-005 to GV-011 did not return significant gold results from core samples submitted for
analysis.
Hole GV-001 was designed to twin a historic drill hole (LAB-87-B2) that had a reported 1.8 grams per tonne
over 4.5 metres core length (from 57 to 61.5 metres depth (including 1.4 g/t from 57-58.5m, 2.15 g/t from
58.5-60m, and 1.90 g/t from 60 -61.5m (Exploration Trois -Dimensions Inc, 1987 report GM45605). The
2019 drill program did not intercept similar gold result values or returned gold values at the same depths
as in the historic drilling. This is also the case for other drill holes designed to verify historic drill results.
Drill core samples were obtained at the logging facility by hydraulic splitter and were shipped to ALS Global
Laboratory in Rouyn-Noranda, an ISO/IEC 17025:2017 and ISO 9001:2015 accredited laboratory. A total
of 443 samples were taken to the lab . The samples were analyzed by fire assay for gold, and for 35
elements by ICP method. Core samples were obtained from a variety of geologic features noted in the
core including quartz veins, sulphides (pyrite, pyrrhotite, and chalcopyrite), shear zones and other sections
of interest as interpreted by the experienced core–logging geologist.
Black Tusk personnel managed the drilling program under the direction of Perry Grunenberg, OGQ. Local
Quebec-based consulting groups were contracted to undertake core logging and core sampling at a facility
located in Villebois.
The Golden Valley Project is located 26 kilometres south of the Hecla Mining Corp - Casa Berardi Mine and
lies within the Abitibi Greenstone belt that is host to many world class mineral deposits.
The property is accessed via existing major roads utilized for logging and mining, including the Casa Berardi
Mine.
QA/QC Process
Black Tusk undertook Quality Assurance and Quality Control procedures during the diamond drilling
program. This included the insertion of standards, blanks, and a duplicate core sample at selected intervals
(rotation of one at 20 sample intervals). Evaluation of results for each of the inserted materials indicates
that they fall within the acceptable range for gold.
Drill core management was under the control of Black Tusk employees throughout the drilling and
sampling process. Drill core is currently stored in a secure facility located in Val d’Or.
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 abi lity 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 r isks 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.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923