Black Tusk Resources Inc. provide a summary of their mining projects and exploration completed in 2021. The company owns mineral claims in British Columbia and Quebec, Canada. The following provides an update of each of the Black Tusk properties.

Information provided herein has in part been compiled from prior news releases that summarized results individually from each of the different projects. Back Tusk has five properties located within the Abitibi Greenstone belt of Quebec, which hosts many world class mineral deposits. The properties are as follows: McKenzie East, MoGold, PG Highway, Golden Valley, Lorrain.

The McKenzie East property comprises 2 claim groups separated by 1 kilometre. The larger northern group totals 1,964 hectares over 42 claims, with the south totalling 178 hectares over 4 claims. The property is located 30 kilometres north of Val d'Or, Quebec. The property adjoins the McKenzie Break Project of Monarch Mining Corporation.

At the McKenzie Break, gold mineralization is reported as visually distinctive 1 centimeter to 2 metre wide quartz-carbonate veins and vein complexes containing gold. Black Tusk has completed ground Induced Potential survey, MMI soil sampling survey, drone-supported airborne magnetic survey, and diamond drilling on the McKenzie East. In 2021, Black Tusk completed 2,587 metres of drilling over 8 drill holes on the property.

Results include 1.185 grams per tonne gold (gpt A) over 1 metre from hole MKE-21-01 as well as intercepts of > 0.5 gpt from holes MKE-21-03, MKE-21- 06 and MKE-21-08. Black Tusk noted that drill hole MKE-21-03 showed the most promise during the drilling campaign, which included a section of core that contained a visible gold grain. The section containing the visible gold returned a weighted average 0.61 gpt Au.

However, the coarse fraction (Metallics assay) contained 8.01 grams per tonne indicating that coarse gold was a significant part of the overall content. The MoGold and PG Highway projects total 2,400 hectares over 43 adjoining claims that are directly accessed by Highway 397 approximately 30 kilometres north from Val d'Or, Quebec. The claims cover areas that were historically explored for gold and base metals.

In 2021Black Tusk completed drone magnetometer surveys over the PG Highway and MoGold projects. A total of 153 line kilometres was flown with a Scintrex Cs-Vl Cesium Vapor magnetometer. The results of the survey provided highly detailed geophysical images that assist in geological and structural interpretation of the underlying bedrock.

Black Tusk's geologic team conducted reconnaissance level geological rock sampling over the two properties. The objective was to sample historically documented mineralized areas as well as prospect for potentially new mineralized zones. A total of 108 rock samples were obtained.

The Black Tusk geologic team reported that reconnaissance included locating historic trenching on the PG Highway property. Rock samples from these trenches contained significant sulphide mineralization, consistent with that described in the historic reports. Historic diamond drilling of this mineralized zone returned up to 9.6 metres of near-massive to massive pyrite and pyrrhotite within basaltic rocks.

The TMC magnetometer survey clearly maps a >600 metre elongate magnetic high that is suspected to be associated with pyrrhotite mineralization.