Etruscus Resources Corp. (ETR, ETRUF, ERR) is thrilled to announce the commencement of its 2024 exploration program at its Rock & Roll Property, located in the world-renowned Golden Triangle region of Northwestern British Columbia, Canada. The company is focusing on expanding its knowledge of the property’s potential through a comprehensive program designed to unlock its full value.
The heart of the 2024 program is centered on the Discovery Target, a promising copper-gold porphyry target. The program will significantly expand on the previous geophysical survey conducted in 2022, extending the survey area eastward. This expansion will cover 1.1 kilometers (16.5 line kilometers), filling the gap between a strong anomaly and a retreating glacier. The Discovery target, with its 1.1 kilometers of KSP alteration mapped at the surface and an open-ended chargeability anomaly below, remains undrilled and represents a key area of focus for the team. Etruscus is determined to outline a drill site that offers the highest chance of success in this potentially rich area.
The program also includes the exciting prospect of exploring for rare earth elements (REEs) on the Pheno claims. These claims, which have been underexplored since initial government mapping in 2012, present a unique critical metals opportunity in the Golden Triangle. The team will take numerous rock samples across the Pheno claims and conduct geological mapping of this area, focusing on pera-alkaline rhyolite host rocks that appear to extend over several kilometers. The presence of these rocks is promising, as they are often associated with alkalic porphyry deposits, similar to the nearby Galore Creek deposit owned by Teck and Newmont.
To fuel these ambitious exploration plans, Etruscus is pleased to announce the successful closing of the first tranche of its previously announced non-brokered private placement. This financing, which raised a total of $392,000, will provide critical funding to support the exploration program and ensure its successful implementation. Etruscus CEO Fiore Aliperti expressed his gratitude for the unwavering support of existing shareholders, stating that the company is committed to responsible financial management and maximizing shareholder value.
With its focus on exploration, strategic financing, and a dedication to responsible practices, Etruscus Resources Corp. is poised to make significant strides in the Golden Triangle, potentially unlocking the full value of its Rock & Roll Property. The company’s commitment to responsible exploration and its focus on critical metals, including rare earth elements, position Etruscus as a key player in the future of mining.
