Black Tusk Resources (CSE: TUSK) has completed the first phase of its drill program being conducted at its McKenzie East gold property in Quebec. The program was focused on drilling IP and magnetic geophysical targets that were previously identified on the property.
The program saw a total of eight holes drilled to an aggregate depth of 2,584 metres. One hole, MKE21-03, reportedly intersected a single grain of visible gold, while a total of three holes reportedly intersected bedrock “with characteristics conducive to gold mineralization.”
The three holes that intersected this bedrock were focused on a 500 metre long magnetic feature that also had moderate IP anomalies. Cores are now being logged and sampled ahead of being sent off for assays, with results not expected to arrive for several weeks.
The company is now in the process of relocating the drill rig to their Lorrain PGE property, where drilling is slated to commence later next week.
Black Tusk Resources last traded at $0.06 on the CSE.
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