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Black Tusk Resources Inc. Completes First 11 Holes of Drilling on Their Golden Valley Project, Abitibi, Quebec

14.08.2019  |  The Newswire

August 14, 2019 - TheNewswire - Vancouver, B.C. - Black Tusk Resources Inc. ("Black Tusk" or the "Company) (CNSX:TUSK.CN) (Frankfurt:0NB) (OTC:BTKRF) is pleased to provide an update on their diamond drill program on the Golden Valley project located in northwest Quebec. The drill program to date has comprised 1,458.2 metres over 11 holes within the property. The holes ranged from 137 to 201 metres in length.

The drill holes were spread over an approximate four kilometre strike length. 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 at a facility located in Villebois, approximately 25 kilometres south of the property. Core sampling was also undertaken at the logging facility.

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.

''We are extremely excited that our exploration team has completed phase 1 of drilling and are eager to ship the first round of drill core to the lab'' stated CEO, Richard Penn.

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 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

Copyright (c) 2019 TheNewswire - All rights reserved.


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