$TUSK - completes drilling three initial holes at McKenzie E Mining Company Observes Visible Gold Grain in Drilled Core
Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release it finished drilling the first three holes, over 1,049 meters (1,049m), one of which showed a grain of visible gold, at its McKenzie East project north of Val d'Or in Quebec.
The company reported that observation of that particular hole, MKE 21-03, revealed about 30 meters of core containing geologic characteristics indicative of gold mineralization. There were the gold grain, about 1 millimeter (1 mm) by 2 mm in size, within a narrow section of quartz vein, and there were veining, alterations and associated sulphide minerals, the company noted. Samples from MKE 21-03 are now at a laboratory for analysis. The company also advised that the "presence of visible gold and other indicators in core does not assure high assay results when processed at the laboratory."
"The company is very encouraged by the positive results obtained within the first three holes of the 2021 winter drilling, and recognizes that the extent of gold mineralization is still to be determined from drill core laboratory results," CEO Richard Penn said in the release.
The company advised that the purpose of hole MKE 21-03 was to test a 500m long magnetic feature seen during the recent survey. Now, Black Tusk is drilling another hole, MKE 21-04, 25 meters northwest of MKE 21-03, to test for continuity of mineralization and alteration. The company also is continuing its planned diamond drill program on a 1 kilometer by 700m area along the geologic trend through McKenzie East.