Black Tusk Resources Pg Highway/Palladium Project Update

BLACK TUSK RESOURCES INC.

500- 666 Burrard Street

Vancouver, BC, V6C 3P6

www.blacktuskresources.com

BLACK TUSK RESOURCES PG HIGHWAY/PALLADIUM PROJECT UPDATE

April 21, 2020, Vancouver, B.C. – Black Tusk Resour ces Inc. (“Black Tusk” or the “Company) (CSE: TUSK,

OTC: BTKRF, Frankfurt: 0NB) is pleased to provide an update of ongoing work on their newly acquired PGE

projects. Earlier this month Black Tusk announced the acquisition of two Platinum Group Element (PGE)

properties in the Abitibi region of Quebec. The properties were acquired directly by the company through

the Quebec staking process. Both properties were st aked to cover geological and geophysical features

that are interpreted as being conducive to PGE deposition.

The company’s geological crew has been undertaking data compilation for the two properties. The results

of this work for both properties will be provided in more detail in the following weeks.

The PG Highway property has had an additional claim accepted from the original staking summarized in

the April 15 news release. The property is now comp rised of 12 claims totalling 651.78 hectares. The

claims are located along Highway 397, 22 Km north of Val d’Or, Quebec. The PG Highway property adjoins

claims that cover the Lynx and La Tour PGE mineral showings.

Table 1 – PG HIGHWAY PROPERTY CLAIMS

Claim Number Surface Area Ha Title Date Expiry Date Claim Holder

2561856 50.67 2020 -04 -14 2022 -04 -13 Black Tusk Resources Inc.

2561575 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561576 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561577 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561578 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561579 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561580 57.31 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561581 54.05 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561582 50.86 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561583 50.82 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561584 50.78 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

2561585 50.74 2020 -04 -03 2023 -04 -02 Black Tusk Resources Inc.

12 claims 651.78 Hectares

Table 2 – HISTORIC DRILL HOLES

Drill Hole id Company Year East North Azimuth Dip

8712 -1 EXPLORATION LOUPHIOR INC. 1988 304631 5352374 10 45

8712 -2 EXPLORATION LOUPHIOR INC. 1988 304849 5352280 10 45

8712 -3 EXPLORATION LOUPHIOR INC. 1988 304678 5352365 10 45

8712 -4 EXPLORATION LOUPHIOR INC. 1988 304857 5351819 10 45

8712 -5 EXPLORATION LOUPHIOR INC. 1988 304649 5351860 10 45

DDH -F-G-1-78 HUDBAY MINING LTD 1978 305032 5352353 47 45

The Black Tusk geological crew interpret the geological setting and regional geophysical signatures to be

conducive to Palladium/PGE mineralization. High mag netics related to magnetite-bearing mafic rocks

have been mapped within the claims, and can be targeted for further work.

The Lynx showing is located approximately 3.5 Km north of the PG Highway property. At the Lynx, selected

samples returned grades up to 1,895 ppb combined platinum (Pt) and palladium (Pd). The two best results

returned 1,365 ppb Pd and 530 ppb Pt (sample 828583) and 1050 ppb Pd and 340 ppb Pt (sample 828575)

(assessment report GM 61266). The La Tour showing is located 300 metres east of the Lynx. At the La Tour

showing, samples returned up to 5,139 ppb Pd and 1589 ppb Pt (GM 60468 and GM 61303). The reader

is cautioned that results obtained on adjoining properties are not necessarily indicative of potential for

similar results on the Black Tusk – PG Highway claims.

Black Tusk will continue data compilation for both of their PGE properties, the PG Highway and the Lorrain.

Both projects are located in areas that have strong history for mineral exploration and development. The

PG Highway Project is located in close proximity to Black Tusk Resources McKenzie East Gold Project,

where exploration programs including diamond drilling are planned for 2020.

Both of the newly acquired PGE properties of Black Tusk are readily accessible on major highways. The

company plans to compile all available information for these two projects in order to plan future

exploration. Data compilation and GIS plotting is expected to be completed in the following weeks.

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 o f

the Company.

On behalf of the Board of Directors

Richard Penn

CEO

(778) 384-8923

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news r elease contains certain “forward-looking informatio n”

within the meaning of applicable securities law. Fo rward-looking information is frequently characterized

by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar

words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements

are based on the opinions and estimates at the date the statements are made, and are subject to a variety

of risks and uncertainties and other factors that c ould cause actual events or results to differ mater ially

from those anticipated in the forward-looking state ments including, but not limited to delays or

uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent i n

forward-looking information, including factors beyo nd the Company’s control. 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 described herein. The Company underta kes 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 rel iance on forward-looking statements. Additional

information identifying risks and uncertainties tha t could affect financial results is contained in th e

Company’s filings with Canadian securities regulators, which are available at www.sedar.com .

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the

accuracy or adequacy of this release.

Figure 1 – Google Earth image with locations of Black Tusk PGE properties