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Black Tusk begins data compilation at MoGold
2020-07-08 09:09 ET - News Release
Mr. Richard Penn reports
BLACK TUSK RESOURCES INC. INITIATES DATA COMPILATION ON MOGOLD PROJECT, VAL-DA OR, QUEBEC
Data compilation is currently under way for Black Tusk Resources Inc.'s newly acquired MoGold property located 22 kilometres north of Val d'Or, Que. The work will be undertaken by Black Tusk's geological consultants.
The MoGold property covers 1,964 hectares over 21 claims and adjoins Black Tusk's PG Highway platinum group elements project.
As reported in a previous Black Tusk news release, the MoGold claims cover the historic Boily-Berube mineral showing. The Boily-Berube is described as being located on the western contact of the La Corne batholith. The showing consists of a massive vein of cherty quartz containing fine grains of pyrite, chalcopyrite and molybdenite. The veins trend along the western contact of a quartz porphyry intrusion highly mineralized with very-fine-grained pyrite. Excavating on the showing carried out in 1989 revealed a pegmatititic quartz vein containing 10 per cent to 30 per cent molybdenite, pyrite, and traces of chalcopyrite and malachite. Black Tusk will review the documents that report upon this mineral showing to gain a better understanding of the nature of the mineralization and to assess the potential for precious metals including gold.
The new claims also cover eight drill holes that were completed by Sullico Mines Ltd. in 1971-1972 and Falconbridge Inc. in 2004. Further review of the documents that report upon this historic drilling will be undertaken.
The comprehensive data compilation includes downloads from a variety of publicly available sources, including Gestion des titres miniers (mineral titles -- GESTIM) and Systeme d'information geominiere du Quebec (geological information system -- SIGEOM). Included in this data are regional geology, mineral showings, drill hole locations and summaries, regional airborne magnetics, and regional rock and soil sample results. The review also includes historic work assessment reports that are available from the SIGEOM website.
Black Tusk will confer with their geologic support team that includes Dr. Mathieu Piche who is also a director of the company. His experience exploring this region of Quebec will be a great asset to the company for planning and executing their work programs on the MoGold property, as well as the other Black Tusk projects based in Quebec (which now includes MoGold, McKenzie gold project, Golden Valley, PG Highway (PGE) and Lorrain (PGE)).
Perry Grunenberg, PGeo, a qualified person as that term is defined under National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Grunenberg is also a director of the company.
About Black Tusk Resources Inc.
Black Tusk Resources is a gold-focused Canadian exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Quebec. Black Tusk currently holds 100-per-cent ownership in six separate gold and palladium properties in Canada.
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