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Canadian Explorer Granted Permit to Drill at Project in Abitibi Belt
News Update

Source:

The company already has two targets lined up, based on historical work at the property.

Black Tusk Resources Inc. (TUSK:CSE) received the permit to diamond drill at its Golden Valley property located in Quebec, it announced in a news release.

With the permit, the company may construct up 15 drill pads, which will be placed next to existing major access roads.

From those pads, Black Tusk intends to test two gold-bearing structures previously identified by different companies. Those structures comprise its two targets to start with this summer.

At target I, the plan is to drill 10 holes over a 1 kilometer (1 km) strike length to confirm and expand the gold-bearing shear zone intercepted in prior drill programs.

At target II, Black Tusk intends to drill five holes over a 1.2 km strike length to confirm and expand the gold-mineralized iron formation structure encountered during prior drilling.

"Black Tusk is very pleased with receiving our drill permits for the Golden Valley Project in Quebec. Historic work has outlined two important structures where previous drilling returned significant gold values, providing immediate targets for this summer's planned drill program," said Richard Penn, CEO of Black Tusk Resources.

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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. 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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