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Let The Games Begin

Kevin Dougan
Posted Oct 17, 2018

At the beginning of the start of every Olympic Ceremony the president of the IOC, cries out “Let the Games Begin”. The prize that every Olympian is eyeing for is none other than GOLD!!! You know that barbarous relic or door stop that most every banker and financier disparage. Fortunately, we know better and know for sure Gold will have its day in the sun after being shoved in the basement closet for so long. The more the pain the higher the gain!!!

Now the game begins for Black Tusk who are seeking GOLD and hoping to find it in sizable amounts at the highly regarded Goldsmith property.

Black Tusk Resources (TUSK) under the leadership of Richard Penn & Roman Rubin is on a roll. Since the company’s inception just short of 2 years ago, the Boyz (as they are affectional known) have executed and followed their plans to a tee.

(Click on images to enlarge)

They started from scratch, formed a shell company, raised the necessary funds from dedicated and loyal investors. They arduously navigated their way through the countless hoops and barrels of bureaucracy. They found and secured a very prospective and promising piece of land, Goldsmith in southern BC. This led them to commission a very competent, experienced geologist in Perry Grunenberg. Perry scouted, surveyed and mapped the land and has come up with an idea of where the best prospective targets might be hidden.

Just recently the crew traveled to the old Slocan Mining Camp and have just completed a trenching and excavating program. Four trenches about 800 meters in length in various unique areas of the Goldsmith property. The samples have been sent off to the lab to be analyzed and now we wait with fingers crossed.

The Black Tusk exploration crew obtained large volume (30-90 Kg) samples from the 4 areas of trenching in order to be able to conduct bench test scale metallurgical studies. The bench test study will assist in determining the extent of "nugget effect" of gold in the bedrock as well as determining gold distribution.

Additionally, 10 rock samples were taken from prospective outcrops and trenched sites along the 800-meter corridor. Samples are to be shipped to MS Analytical and Met Solve Laboratories Inc., both located in Langley, BC. Discussion is underway with representatives of the laboratories in order to define the best analytical process to use for these samples.

The fall trenching program exposed quartz veins, with substantial sulphide minerals (pyrrhotite, pyrite, arsenopyrite, chalcopyrite, galena). The veins are commonly associated with a shear structure that trends through the mineralized corridor.

The reason the fingers are crossed is this land package consists of a nuggety gold system. They are tricky to figure out as the nuggets are hard to find and it really is roll of the dice hoping you didn’t miss the honey hole by a few feet if not inches. The exciting news is nuggety gold systems (example Novo Resources) can develop into absolute monsters when the stars line up favorably.

In Perry Grunenberg’s eyes each trench showed a degree of promise. So much so that after finishing the trenching program TUSK added to their land position. The expertise he gleaned from being a member of the Cream Resources crew of Frank Lang surely helped him zone in on the good stuff.

The trenching results will potentially lead to a late spring drill program in 2019. The TUSK crew was so confident after the trenching program, they immediately acquired another 62 hectares (153 acres) called the Telluride Claim. This brings the Goldsmith land package to 885 hectares (almost 2200 acres) consisting of 13 claims… full of promise and hope!

That is why we play this game. We as investors are trying to latch on to a company that has the potential to deliver huge returns to early and patient shareholders. TUSK has this in spades with a super tight share structure only 16.5 Million Shares, even after just completing a financing very recently.

The management and team are young, aggressive and always forward thinking. They also have the essential ability to raise funds to fund the work and grow the company. They just completed a European trip to tap into that market which has a hungry appetite for Junior Gold Miners and the Junior sector.

The above photos one in black & white and one in living color portray an interesting dichotomy. The black & white is from the original mining camp that dedicated their lives to prospecting gold from this area. Mining in those days was brutal, back breaking and tedious work. If they couldn’t pull out gold they didn’t eat or for that matter survive… certainly not for the faint of heart.

The color photo shows the TUSK team smiling and full of hopes and dreams to be fulfilled. The sun shining and work to be done with eager hearts and minds. Today’s crew is out to reward shareholders who took a flyer and entrusted the Boyz with their hard-earned money and hope to reap huge gains for taking that chance.

Is making money investing in Junior Mining investing easy?... Hell no… but it can be extremely exciting and lucrative when you hitch your wagon to the right company. Much of the Junior Mining sector is smoke and mirrors. These pictures depict a company set out to find the prize that all Olympians strive for … GOLD! The Boyz are hard at work for shareholders but we keep fingers crossed as Gold is a very elusive and baffling target.

In about a month from now the trenching program results will be out and that will dictate the plan for the spring 2019 drill program… when the real action occurs. Let the games begin 😊

Check out this well-made video to learn more about Black Tusk Resources.

Black Tusk
Symbol TUSK/CSE
BTKRF/US
Share Price .25
Outstanding shares 16.5 million
Market cap $4.1 million

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Kevin Dougan
email:
kddougan@yahoo.com
website: www.blueskymarketing.com

This report is my opinion on a company I have been following. It certainly is not investment advice. Please consult your own financial advisor when investing. This company is a partial supporter of my website.

Blue Sky Marketing is a contract marketing firm which introduces high quality investors to high quality companies. It is run by Kevin Dougan, a former IR person and 15 year successful investor and follower of the Jr. Mining Sector.

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