Q PRECIOUS & BATTERY CORP - BTKRF STOCK NEWS

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.

Black Tusk Resources provided an update on its 2021 exploration activities across several mining projects in Quebec and British Columbia. The company reports significant drilling and sampling results, particularly from the McKenzie East property, where 2,587 meters of drilling revealed 1.185 grams per tonne of gold. Other projects include MoGold and PG Highway where detailed surveys were executed. The South Rim Project in British Columbia also returned promising gold results. Black Tusk aims to advance these projects further in 2022.

Black Tusk Resources announces exploration results from the MoGold and PG Highway projects in Quebec, covering 2,400 hectares. The geologic team, led by Dr. Mathieu Piché, conducted surveys and collected 103 rock samples, revealing elevated copper (up to 959 ppm) and gold values (up to 0.035 g/t) in select areas. These findings suggest potential for volcanogenic massive sulphide (VMS) deposits. The company plans further geophysical surveys and diamond drilling in 2022 to evaluate these prospects.

Black Tusk Resources has successfully closed a private placement, raising $260,000 from the issuance of 6,500,000 Units at $0.04 each. Each Unit comprises one flow-through common share and one share purchase warrant, allowing the purchase of additional shares at $0.05 for two years. Broker commissions included a $20,000 cash payment and 500,000 Warrants. Proceeds will fund qualifying mineral exploration expenditures. The securities are subject to a four-month hold from issuance date.

Black Tusk Resources (CSE:TUSK)(OTC PINK:BTKRF) has successfully closed a private placement raising $305,000 by issuing 15,250,000 Units at $0.02 each. Each Unit includes a common share and a two-year purchase warrant priced at $0.10 per share. Richard Penn, a director, purchased 1,000,000 Units. Funds from this placement will be allocated to general working capital. Note that the issued securities are subject to a hold period of four months and one day.

Black Tusk Resources has received a permit for Phase II diamond drilling on the McKenzie East gold property, situated north of Val d'Or, Quebec. Results from the previous drilling program prompted further exploration, targeting both previous drill sites and new geophysical targets. The initial 2021 program returned significant gold grades, including 1.185 grams per tonne over 1 metre. Drilling is anticipated to commence in early 2022, contingent on weather conditions. The program is overseen by VD Géoservice and includes a qualified person to ensure compliance with technical data standards.