Mining in a Historic Gold Rush Region
Richard Penn, President & CEO of Black Tusk Resources speaks about their high grade gold deposit in B.C.
“The commodity that Black Tusk Resources is focused on is gold and the region that we’re in is the Kootenay area of British Columbia. We’re in an area that’s historically known for gold production and there was a big gold rush at the turn of the century in the 1900’s so, we’re in a really great area for gold mining. A lot of the infrastructure; the roads, the powerlines and towns are there because of mines that were in the region a hundred years ago or so. We’re an aggressive, hard-working group of people that are motivated and passionate about the mining industry and we have a high-grade gold deposit about 65 kilometers north of Kaslo, B.C. It’s a nuggety style high-grade gold, close to surface deposit and we are currently exploring up there right now. We’re going to have our excavator up there to do a trenching program to target some of the high grade gold areas. We’re going to where the historical high grade was found and that’s our number one targets that we’re going after, the low-hanging fruit on our project. The Tech Resources is one of the major mining companies in Canada, have their smelter in Trail, that’s not too far away from us. Also, it’s a very active area there’s a lot of mining projects that are where our project is. We only have 14 million shares outstanding currently, if we get a little bit of good news we really feel like our stock is well positioned. Our stock trades on the CSE Exchange under the symbol of TUSK and grab the bull by the tusk. ” – Richard Penn, President & CEO, Black Tusk Resources.
Black Tusk Resources Inc. is a Vancouver based mineral exploration company focused on gold development in North America. The company is currently exploring the Goldsmith Property in the Poplar Creek, Lardeau area, in the Kootenays, BC. The Goldsmith property contains several high grade gold showings and is located north of the town of Kaslo in southeastern British Columbia.
Rock sampling on the Goldsmith property has confirmed the presence of historically reported, widespread, high grade “nuggety” gold mineralization from numerous workings on the property.
The company is a publicly traded issuer on the Canadian Securities Exchange (CSE) under the symbol TUSK. In late 2016, Black Tusk Resources commenced a winter geological work program on the Goldsmith property, after receiving promising results, the company will now be commencing groundwork exploration to prove up the gold resource in 2018-2019.
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