Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: TUSK; BTKRF; 0NB

Explorer Finishes Line Cutting for IP Survey at Quebec Project
News Update

Share on Stocktwits

Source:

The next steps for Black Tusk Resources at this property are the survey followed by target selection and then diamond drilling.

Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) completed line cutting at its McKenzie East gold project north of Val d'or Quebec in preparation for an induced polarization survey, it announced in a news release.

The Vancouver-based exploration firm created a grid over 9 kilometers (9 km) in the northeast section of the property to afford access to the crew members who will carry out the survey.

The company noted that the purpose of the IP survey is to trace possible gold-bearing structures that traverse to the east from the McKenzie Break property that is about 2 km away from Black Tusk's claims. The Canadian firm will use the results, along with those from the previously completed soil sample analysis and the magnetic survey, to determine the best diamond drill targets.

Black Tusk expects to begin that drilling later this summer.

The company also announced that it issued 2.1 million stock options with an exercise price of $0.07 per share for two years. Two million of those options were issued to Black Tusk directors and officers.

[NLINSERT]

Disclosure:
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.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports (including members of their household) own securities of Black Tusk Resources, a company mentioned in this article.





Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe