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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 glasradoon Feb 02, 2021 6:40am
61 Views
Post# 32444671

News

News

 

ORIGINAL: Black Tusk Resources Inc. Completes First Diamond Drill Hole on the McKenzie East Gold Project, Val-D’or, Quebec

2021-02-02 02:00 ET - News Release

VANCOUVER, BC / ACCESSWIRE / February 2, 2021 / Black Tusk Resources Inc. ("Black Tusk" or the "Company) (CSE:TUSK)(OTC PINK:BTKRF)(FRA:0NB) is pleased to announce that the first drill hole had been completed on the on the McKenzie East gold property located north of Val d'Or, Quebec. Hole MKE 21-01 intersected bedrock within 20 metres of surface and cored down to 402 metres total length. Drill core is currently being logged and sampled at the Black Tusk facility located near to the property. Samples will be sent to ALS Laboratory located in Val d'Or.

The start-up of the first drill hole was personally observed by Black Tusk's CEO Richard Penn, CFO Roman Rubin as well as Chief Geologist, Perry Grunenberg. TUSK management team also visited the core processing facility at the property as part of their project tour undertaken during the week of January 25-29, 2021.

Drill hole MKE 21-01 was designed to test an Induced Polarization (IP) chargeability high with associated moderate resistivity. This hole was proposed as a primary target by local geophysical consultant Abitibi Geophysics, which displays as a highlighted target on their IP profiles. The drill hole orientation summary is provided below.

Summary of Drill Hole MKE 21-01, McKenzie East project

Drill Hole id

IP LINE

UTM NAD 83 Zone 18

DIP

AZ

Depth (m)

EAST

NORTH

MCK21-01

L2600E

312600

5357250

-60

20

402

The company is very excited about the potential for new discovery through diamond drilling on the McKenzie East Gold Property. This particular area may be considered underexplored when compared to adjacent areas of the Abitibi Region, although the McKenzie Break mineral resource is located within two kilometres west of the Black Tusk Project, and other mineralized zones have been identified to the east and west of the project area. It is believed that the swampy ground conditions within much of the property have hindered modern exploration. Black Tusk has overcome these obstacles and has been able to mobilize a diamond drill onto to the property to test targets as identified by magnetometer and induced polarization surveys, and MMI (Mobile Metal Ion) soil sampling.

Black Tusk plans to continue diamond drilling a number of targets identified by their geophysical and geochemical surveys. The targeted drill holes are within an area of approximately one kilometre by 700 metres along the geologic trend of the area. Pad and access construction is continuing as the drilling progresses.

The Black Tusk winter 2021 diamond drilling program is supervised by VD Go Service based in Val d'Or, including Black Tusk company director Dr. Mathieu Pich, OGQ.

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