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]
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