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Mammoth Energy Services Inc C.TUSK


Primary Symbol: TUSK

Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling.


NDAQ:TUSK - Post by User

Post by Heartstockon Dec 02, 2020 12:10pm
197 Views
Post# 32018315

Reality... 3000 metre drill program is happening in January

Reality... 3000 metre drill program is happening in January

BLACK TUSK SECURES DIAMOND DRILLING CONTRACTOR FOR MCKENZIE EAST GOLD PROJECT

Black Tusk Resources Inc. has contracted Forage Val d'Or Inc. to undertake diamond drilling on the company's 100-per-cent-owned McKenzie East gold project located immediately north of Val d'Or, Que.

Forage Val d'Or is a locally based contractor with knowledge and experience of drilling within the region. The contract is for 3,000 metres of drilling, of which a minimum 2,500 metres will be drilled on the McKenzie East gold project. Black Tusk also intends to complete a number of test holes on the Lorrain property located in western Quebec, near Lorrainville.

Black Tusk's geological team have determined a number of high-priority drill targets on the McKenzie East gold property that will be the focus of initial drilling. The company has obtained permits to drill from up to 23 drill pads on the property and is fully financed to continued drilling upon receiving successful results.

At the Lorrain property, the company will utilize several hundred metres of drilling to verify and expand upon historic drill hole LA-01-06, where drill logs reported very significant intercepts of multiple elements including platinum, palladium, silver, copper and nickel hosted in ultramafic intrusive rocks. A weighted average calculation based upon the data provided gives 13.2 metres of just below one gram per tonne combined platinum and palladium, with three grams per tonne silver, 0.59 per cent copper and 0.6 per cent nickel (see news release dated Oct. 19, 2020).

"We are eager to begin drilling these exciting new targets developed from our work on the McKenzie East and Lorrain projects," said president Richard Penn. "The McKenzie East has a favourable location and geologic setting, and the results of our magnetic survey, IP survey, and MMI soil sampling all point in the direction of several high-priority drill targets."

Drilling is to commence this winter, with expected start-up date on the McKenzie East gold project on Jan. 15, 2021. In the interim, Black Tusk will prepare winter road access and drill pad construction for the McKenzie East drill program, as well as preparation of the core logging and processing facility.


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