Black Tusk Resources Inc. is pleased to announce that the company is expanding its proposed phase 1 diamond drilling program for the McKenzie East gold project located north of Val d'Or, Quebec. The originally proposed 1000 metres has now been doubled to 2000 metres of drilling. Black Tusk has successfully raised significant financing including the recently closed oversubscribed non-brokered private placement for gross [...]
Black Tusk Resources Inc. CEO, Richard Penn speaks about the company gearing up for its 2020 drill program. Cannot view this video? Visit: https://www.b-tv.com/black-tusk-drill-program-in-prolific-gold-region-ceo-clip-90sec/ Black Tusk Resources is being featured on BNN Bloomberg on Oct 10th & 11th, 2020, throughout the day and evenings. Black Tusk Resources Inc. www.blacktuskresources.com About CEO Clips: CEO Clips is [...]
Black Tusk Resources Inc. is pleased to announce that the company is extending its diamond drilling permits to cover five new target areas on the McKenzie East project located north of Val d’Or, Quebec. The McKenzie East permits now allow for the construction of the initial 18 drill pads from permit 1, and an additional 5 pads from permit 2, totalling 23 drill pads with supporting water supply stations and access [...]
Black Tusk Resources Inc. is pleased to announce that the company executives have recently completed site reconnaissance on the majority of its Quebec properties. The reconnaissance was undertaken during the week September 21 to 25, 2020. The sites were visited by Richard Penn CEO, Roman Rubin CFO, and Perry Grunenberg, director and geologist for Black Tusk. Black Tusk now holds five mineral properties in Quebec. This [...]
Black Tusk Resources Inc. is pleased to announce that preliminary results from the 3D Induced Polarization Survey have been received for the McKenzie East gold property located north of Val d'Or. The company contracted Abitibi Geophysics in Val d'Or Quebec to undertake their OreVision® IP survey over the main target zone on the property. The IP survey lines were located within the northwest area of the McKenzie East [...]
Black Tusk Resources Inc. is pleased to announce an oversubscribed non-brokered private placement for gross proceeds of $2,368,606. The financing included $204,000 of flow through financing, $2,164,606 of non-flow through financing inclusive of the strategic investment by Palisades Goldcorp Ltd. "Palisades Goldcorp's strategic investment is an excellent endorsement to the potential of our projects specifically the [...]
Black Tusk Resources is pleased to announce a non-brokered flow through financing and strategic investment from a syndicate led by Palisades Goldcorp Ltd. The financing will also consist of a non flow-through component. The flow through funding will consist of 12,500,000 flow through units, priced at $0.08 each for gross proceeds of $1,000,000. Each FT Unit will consist of one flow-through common share plus one warrant to [...]
Black Tusk Resources Inc. is pleased to announce that the company's exploration team are refining the location of primary drill targets on their 100-per-cent-owned McKenzie East Gold Project, located near Val d'Or, Quebec. The targets will be tested by diamond drilling slated to begin in early to mid-September. The Phase 1 drilling program will consist of a minimum 1,000-metres of diamond drilling, with the initial 5 [...]
Black Tusk Resources is pleased to announce that the company's exploration team are in the process of developing primary drill targets on their 100-per-cent-owned McKenzie East Gold Project, located near Val d'Or. The targets will be tested by diamond drilling. The Phase 1 drilling program will consist of a minimum 1,000-metres of diamond drilling, with the initial 5 drill holes targeting depths between 200 to 300 metres [...]
Black Tusk Resources is pleased to announce that the 3D Induced Polarization Survey has been completed on the McKenzie East gold property located north of Val d'Or. The company contracted Abitibi Geophysics in Val d'Or Quebec to undertake their advanced technology OreVision® IP survey over the main target zone on the property. The survey was designed to use the most advanced geophysical applications to produce high [...]
Black Tusk Resources is pleased to announce that it has closed a private placement for gross proceeds of $200,005 issuing a total of 3,077,000 Units at a price of $0.065 per Unit. Each Unit consists of one common share and one share purchase warrant . Each Warrant will entitle the holder to purchase one share at a price of $0.08 per share for a five-year term. The Company paid a commission consisting of $12,000.30 cash [...]
Black Tusk Resources is pleased to announce that the company is currently looking to engage a diamond drilling contractor to complete drilling on its McKenzie East Project located north of Val d'Or, Quebec. The company is currently undertaking a 3D Induced Polarization Survey on the McKenzie East gold property. Abitibi Geophysics will complete their advanced technology OreVision® IP survey over the main target zone on the [...]