First Atlas Resources Corp. reports developments tied to its resource exploration portfolio, with recent updates centered on the Nova Scotia Project and natural hydrogen targets along a regional structural corridor. Company news has covered the use of Québec Innovative Materials Corp.'s R2G2™ exploration model, geophysical interpretation, field work, and drill planning used to refine hydrogen-anomalous zones.
Recurring disclosures also include corporate identity updates, mineral-claim portfolio management, and financing activity such as private placements and flow-through securities used to fund exploration programs. The company trades on the OTC Pink market under BTKRF and has also referenced Canadian and Frankfurt listings in its public releases.
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Black Tusk Resources Inc. will conduct ground reconnaissance in Val d'Or, Quebec, from May 23, 2022, to plan ongoing projects including MoGold, PG Highway, and McKenzie East. The geology team has contracted TMC Geophysique for a Pulse-EM survey on the MoGold property, targeting potential massive sulphide mineralization. A second survey is proposed for PG Highway, while exploratory diamond drilling on McKenzie East is set for winter post-freezing. Future exploration on Golden Valley and Lorrain projects was also discussed.
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Black Tusk Resources plans diamond drilling in 2022 at the McKenzie East Gold Property, located 30 km north of Val d'Or, Quebec. The Phase II drilling program aims to follow up on favorable results from Phase I and explore other geophysical targets. A permit for 15 drill pads has been approved. Previous drilling indicated promising gold intercepts, with notable values including 3.10 g/t Au over 0.30 metres. Black Tusk is in the process of hiring a drilling contractor, with operations set to commence shortly.
Black Tusk Resources Inc. announced its 2022 exploration plans for the PG Highway and MoGold projects in Quebec, encompassing 2,400 hectares. The focus will broaden to include potential Volcanogenic Massive Sulphide (VMS) and Komatiite-hosted PGE mineralization, with plans for lithologic sampling and deep electromagnetic surveys, leading to diamond drilling. Previous surveys returned elevated values in gold, copper, silver, and zinc, with a notable platinum-palladium sample showing potential. The exploration will follow a comprehensive geochemical assessment in the spring and summer of 2022.