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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 Apr 22, 2021 12:50pm
58 Views
Post# 33045514

Just now..

Just now..

 

Black Tusk drills 1 m of 1.185 g/t Au at McKenzie East

2021-04-22 12:41 ET - News Release

Mr. Richard Penn reports

BLACK TUSK RESOURCES INC. COMPLETES DIAMOND DRILLING ON THE MCKENZIE EAST GOLD PROJECT, VAL-D'OR, QUEBEC

Black Tusk Resources Inc. has released the results from the first four drill holes on the McKenzie East gold property located north of Val d'Or, Que. Results include 1.185 grams per tonne gold (gpt Au) over 1 metre from hole MKE-21-01.

The drill hole that showed the most promise during the drilling campaign was hole MKE-21-03. Geologic observations of that drill hole indicated a section of core that contained a visible gold grain of approximate 1mm by 2mm size, as well as veining, alterations and associated sulphide minerals over a wider interval. The sample interval that included the section with the visible gold was analyzed by metallic assay, as well as the adjoining samples. The results of that analysis are summarized below.

 

 Results of Metallics Assay Hole id Sample idFrom(m)To(m)Interval width**(m)Au TotalgptAu coarsegptAu finegpt MKE21-03B0116055 87.3 88.3 1 0.35 2.6 0.3 MKE21-03B0116056*88.3 89.3 1 0.61 8.01 0.3 MKE21-03B0116057 89.3 90 0.7 0.13 0.06 0.14 *Section containing visible gold** True width not known 

 

The section containing the visible gold returned a weighted average 0.61 gpt Au. However, the coarse fraction contained 8.01 grams per tonne indicating that coarse gold was a significant part of the overall content.

Black Tusk continued to test the geophysical features tested by hole MKE21-03 with holes MKE21-04 and MKE21-08. Hole MKE21-04 did not return significant gold results. Results are pending for the remaining holes.

Gold values returned from the first three holes of drilling include the following:

 

 Summary of gold results holes 1 to 3 (not including metallic assays shown above) Hole_id Sample_idFrom (m) To (m) Width* (m)Litho Augpt MKE-21-01A0369897 217 218 1 Quartz vein 1.185 MKE-21-01A0369902 280.1 281.1 1 Quartz vein 0.215 MKE-21-01A0369905 308 308.5 0.5 Quartz vein 0.279 MKE-21-02A0369937 125 126 1 3% magnetite 0.201 MKE-21-03B0116007 29 30 1 1% magnetite 0.183 MKE-21-03B0116012 34 35 1 bleach altered 0.295 MKE-21-03B0116065 96 97 1 Quartz vein with py0.188 MKE-21-03B0116075 105 106 1 Quartz vein with py0.211 MKE-21-04No significantResults *True width not known 

 

The company completed eight diamond drill holes during the winter 2021 campaign, totalling 2,584 metres.

Drill core was logged and sampled at the Black Tusk secure facility located near the property. Samples were taken directly to ALS Lab located in Val d'Or, an accredited laboratory. Samples were continuously under custody of the Black Tusk team members until delivered to the lab. Black Tusk undertakes QA/QC procedures including insertion of blanks and standards at regular intervals into the sample stream.

At the lab, the samples underwent ALS analysis ME-ICP41 for 35 elements by Aqua Regia ICP-AES, and AU-ICP21 for gold by Fire Assay with AES finish. For the observed coarse gold samples, the samples were processed by Au-SCR21 coarse screening and Fire Assay with AA finish.

The results to date indicate that gold is present within the veins and alterations observed in drill core from the McKenzie East project. The results for the remaining four drill holes are expected in the coming weeks. The Black Tusk team will undertake in-depth interpretation once all results from core sampling have been received and tabulated.

The Black Tusk - McKenzie East program is supervised by VD Geo Service based in Val d'Or, including Black Tusk company director Dr. Mathieu Piche, OGQ.

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