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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 Jul 13, 2022 8:16am
85 Views
Post# 34820081

News

News

 

ORIGINAL: Black Tusk Resources Inc. Geophysical Survey Results MoGold Project, Val-D'or, Quebec

 

2022-07-13 08:00 ET - News Release

 

VANCOUVER, BC / ACCESSWIRE / July 13, 2022 / Black Tusk Resources Inc. ("Black Tusk" or the "Company) (CSE:TUSK), (OTC PINK:BTKRF), (FRA:0NB) is pleased to provide a summary of results from geophysical surveying on the MoGold property located north of Val d'Or, Quebec.

On the MoGold property TMC Geophysique completed deep-penetrating Pulse-EM (Time Domain Electromagnetic, TDEM) surveying designed to test a four square kilometre area to cover zones targeted through geologic assessment and rock sampling. Rock samples returned significant values of copper, silver and zinc (See Black Tusk News Release dated 2022-03-07). The geology along the trend is interpreted to have potential for Volcanogenic Massive Sulphide (VMS) mineralization (see News Release dated 2022-03-07). The zone of interest also displays magnetic features derived from the Black Tusk 2021 surveys. TMC Geophysique is currently compiling the EM survey data and expects to soon provide maps and results.

The TMC report of findings from the TDEM survey identifies six localized anomalies that are roughly grouped around the Boily-Brub mineral occurrence. This is also the area where Black Tusk exploration obtained rock samples that returned elevated values for silver, copper and zinc. The TDEM were modelled as relatively shallow-seated bodies/targets. Historic drilling is shown to be located near to some of these anomalies and is documented in reports. Black Tusk intends to review the historic drilling to further validate the potential of the conductive bodies discovered by the TDEM. The target mineralization has been interpreted as Volcanogenic Massive Sulphide. These kinds of deposits often form small pods of mineralization loosely linked along a bedrock horizon.

TMC Geophysique has just completed a second Pulse EM survey over Black Tusk's PG Highway claims where massive pyrite and pyrrhotite have been mapped at surface. The sulphide mineralization was discovered during the 2021 Black Tusk geologic reconnaissance. The strength of sulphide mineralization and the general geology suggest potential for hosting VMS deposition. The results from this TDEM survey are expected to be available in the following week.

Black Tusk is preparing to test the best target areas on the MoGold and PG Highway properties by diamond drilling. The drilling could commence once all of the EM survey results have been reported by TMC, and the Black Tusk geologic team have evaluated all of the exploration work to date to determine priority locations and targets.

Black Tusk exploration programs undertaken in Quebec are supervised by Dr. Mathieu Pich, OGQ, with office located north of Val d'Or. He is also a Black Tusk company director.

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