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

News Update

TICKERS: TUSK; BTKRF; 0NB

Data Analysis Points to Further Exploration at BC Gold Project
News Update

Share on Stocktwits

Source:

Black Tusk Resources reported that it had completed a data compilation on its South Rim Gold property.

Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) completed compiling and reviewing data on its South Rim gold property in central British Columbia, it announced in a news release.

"The results from historic work and accompanying database provide strong incentive to continue exploration of the property for precious and base metal deposits," the release noted.

The material that Black Tusk reviewed came from various sources. One was the Province of British Columbia's Mineral Inventory. It showed that the South Rim property contains 13 mineralized occurrences, whose values, determined on sampling, ranged from 0.132 to 24 grams per ton (0.132–24 g/t) gold and 2.2 to 42.8 g/t silver.

Of the 465 historical rock samples that were done, 24 returned gold values higher than 0.5 g/t, from a northwest-trending area. As such, that is a current target of interest, the company noted.

Ten of the 1,356 completed historical soil samples demonstrated gold ranging from 50 to 275 parts per billion. Black Tusk stated that it will evaluate these results further to determine whether it should explore the areas from which they came.

Finally, results of an airborne geophysical survey suggested that the several magnetic features identified may be associated with mineralized bedrock at South Rim, making them targets for ground follow-up.

Black Tusk's management intends to visit the property in late spring-early summer 2020, the company stated.

[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. 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.
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 and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe