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.
Black Tusk Resources has reported results from reconnaissance exploration on its South Rim property in British Columbia. The project covers 1,771.33 hectares, with the highest gold result from sampling at 1.5 grams per tonne from a shear zone. Other samples returned gold values ranging from 0.1 to 0.4 grams per tonne and up to 4.9 grams per tonne silver. The geological crew collected 19 rock samples, indicating elevated gold and silver values. Additionally, Siahar Kadach has resigned from the board, and Kwaku Ashong has been appointed as a new director.
Black Tusk Resources Inc. has successfully completed reconnaissance exploration at its South Rim property in central British Columbia, covering 1,771.33 hectares. The exploration occurred from August 12-16, 2021, with 24 sites mapped and 19 rock samples collected, primarily featuring quartz-carbonate veining. These samples will be analyzed for gold and other elements, with results expected within a month. The area is geologically significant, located near historical mining resources, which could indicate potential for mineralization, although results from the current exploration remain to be seen.
Black Tusk Resources is set to enhance its exploration efforts on the South Rim property in British Columbia, covering 1,771.33 hectares. The plan includes sending a geological crew in August to map and sample historic gold and multi-element deposits. Historical data highlights 13 mineralized occurrences with gold values up to 24.0 grams per tonne and silver values reaching 42.8 grams per tonne. The project boasts a rich exploration history dating back to 1967, identifying significant mineral potential. The area is near existing copper-molybdenum mines, hinting at further valuable deposits.
Black Tusk Resources Inc. announced a clarification regarding its June 21, 2021 press release related to diamond drilling results on the Lorrain Property. The British Columbia Securities Commission required additional disclosures that were not included in the initial release. Perry Grunenberg, a qualified person, reviewed and approved the updated data, including core sample intervals and analytical results. The company also issued cautionary statements about the uncertainties and risks tied to exploration and development activities.
Black Tusk Resources has announced results from diamond drilling at its Lorrain Property in Quebec, completing 323.3 meters across three drill holes.
Notable results include a peak platinum assay of 0.0167 ppm and elevated gold levels of 0.123 ppm. Drill holes also detected cadmium, cobalt, copper, nickel, lead, and zinc concentrations. The program aimed to verify historical drill results, although some holes were abandoned or did not meet initial expectations.
Additionally, the company reported the resignation of Director Perry Grunenberg, who will continue as a consultant.
Black Tusk Resources Inc. has completed diamond drilling on its Lorrain Property in Quebec, totaling 323.3 metres across three holes. The drilling, supervised by VD Géoservice, intersected targeted ultramafic rocks in at least one drill hole. Samples will be taken to ALS Laboratory, with initial results expected in 4 to 6 weeks. Additionally, Roman Rubin has resigned from the Board of Directors, with Renat Mataev taking over as CFO. The company continues to face inherent uncertainties in exploration and financial stability.
Black Tusk Resources announced initial results from its McKenzie East gold property, located north of Val d'Or, Quebec. Notably, drill hole MKE-21-03 yielded significant findings, including a visible gold grain and a weighted average of 0.61 grams per tonne (gpt) Au. The most promising results came from MKE-21-03, showing 2.6 gpt Au over an interval of 0.35m, while MKE-21-01 reported 1.185 gpt Au over 1 metre. A total of eight diamond drill holes were completed, totaling 2,584 metres. Further results from remaining holes are expected soon, with ongoing analysis by Black Tusk's team.
Black Tusk Resources Inc. (CSE:TUSK)(OTC PINK:BTKRF) has announced the commencement of diamond drilling on its Lorrain Property in western Quebec. The site is known for its potential platinum group elements (PGE) mineralization, including copper, nickel, silver, and cobalt. Historic drilling results from 2001 indicated significant mineralization. The current drilling aims to confirm these results and evaluate further mineralization across several kilometers. Additionally, the company completed drilling at its McKenzie East gold project and welcomed new members to its Board of Directors.
Black Tusk Resources announces mobilization of diamond drilling at the Lorrain Property in Quebec, covering 2,208.4 hectares. The drilling targets a magnetic high feature associated with ultramafic rocks and potential platinum group elements (PGE) mineralization. Notably, historic drill hole LA-01-06 yielded significant values of platinum and palladium, alongside copper and nickel. The current drilling aims to verify these results and assess the extent of mineralization with approximately 500 metres planned over three to four holes. Successful results may lead to further exploration.
Black Tusk Resources Inc. (OTC PINK:BTKRF) has completed the first three drill holes at the McKenzie East gold property in Quebec, totaling 1,049 metres. The most promising results came from drill hole MKE 21-03, which features a visible gold grain and an estimated 30 metre section indicative of mineralization. The samples have been sent for analysis at ALS Laboratory. CEO Richard Penn expressed optimism about the initial findings while maintaining caution that visible gold does not guarantee high assay results. Drilling continues to explore further potential.