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Canadian Explorer Completes First Drilling Phase at Abitibi Gold Project
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The company expects the initial set of results to become available in the near term.

Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTC) announced in a news release it finished phase one of diamond drilling at its Golden Valley project in Quebec.

"Phase one of the drill program has gone as we have planned and we expect to have first round of drill results back from the lab in the near term," CEO Richard Penn said in the release.

That work included drilling 11 holes over 1,458.2 meters. Holes were from 137–201m in length and spaced over a 4 kilometer (4 km) strike length. The purpose of drilling was to confirm historical gold-bearing intercepts and test geological and geophysical targets delineated from regional data.

Phase one also involved obtaining drill core samples, which Black Tusk took from various features in the core, including sulphides, quartz veins, shear zones and others. The exploration company shipped 443 of them to ALS Global Laboratory in Rouyn-Noranda, located about 25 km south of Golden Valley. The lab will analyze them for gold using fire assay and for 35 elements using inductively-coupled plasma mass spectrometry.

All results are pending. Once they are available, Dr. Matthieu Piche, geological consultant on the Golden Valley project, will work with Black Tusk's geology team to plan the next exploration steps, including additional drilling.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Black Tusk Resources. Please click here for more information.
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