ORIGINAL: Black Tusk Resources Inc. Permitting to Drill Up to 2,500 Metres Mogold and PG Highway Projects, Quebec
2022-08-22 08:30 ET - News Release
VANCOUVER, BC / ACCESSWIRE / August 22, 2022 / Black Tusk Resources Inc. ("Black Tusk" or the "Company) (C:TUSK)(OTC Pink:BTKRF)(FRA:0NB) is pleased to announce that the company is in the process of obtaining permits to drill on their PG Highway and MoGold projects located north of Val d'Or, Quebec.
On the PG Highway property TMC Geophysique recently completed deep-penetrating Pulse-EM -Time Domain Electromagnetic (TDEM) surveying to cover zones targeted through geologic assessment and rock sampling. The TMC Geophysical report concludes that the newly acquired surface TDEM data identified of a group of strong conductive anomalies in places coincident with areas of rock exposures that contained significant percentages of pyrite and pyrrhotite. The geology along the trend is interpreted to have potential for Volcanogenic Massive Sulphide (VMS) mineralization (see News Release dated 2022-08-07). The zone of interest also displays magnetic features derived from Black Tusk 2021 surveys. The geophysical survey results combined with the geology and rock sampling provide compelling targets for further exploration.
The permit application for the PG Highway project, as submitted by Black Tusk, includes 6 drill pads with associated access roads. Black Tusk plans up to 2,000 metres of diamond drilling from the permitted drill pads, with VMS targets at proposed depths ranging from 50 to 300 metres below surface (as modelled by the EM survey).
On the MoGold project, the TMC report of findings from the TDEM survey identified six localized anomalies that are roughly grouped around the Boily-Berube mineral occurrence (see News Release dated July 12, 2022). This is also the area where Black Tusk exploration obtained rock samples that returned elevated values for silver, copper and zinc. The TDEM features are modelled as relatively shallow-seated bodies/targets. The permit application for the MoGold area includes 4 drill pads to allow up to 500 metres of diamond drilling for testing the relatively shallow targets.
Black Tusk exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piche, OGQ, with office located north of Val d'Or. He is also a Black Tusk company director.