Vtem© Uncovers “the Hurricane,” TWO Newly Discovered Large Conductive Targets at ROCK & Roll
NEWS RELEASE Symbol: CSE: ETR
For Immediate Dissemination OTC: ETRUF
January 13, 2021 FSE: ERR
VTEM© UNCOVERS “THE HURRICANE,”
TWO NEWLY DISCOVERED LARGE
CONDUCTIVE TARGETS AT ROCK & ROLL
Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the
“Company” or “Etruscus”) is pleased to announce the discovery of a new high-priority mineralized
zone on the Company’s Rock & Roll property, located in the Eskay Camp of BC’s resource-rich
Golden Triangle. T wo targets along the “Hurricane” were discovered as a result of a VTEM©
airborne survey completed during the 2020 exploration season (Click Here to View Map).
The Hurricane represents two strong geophysical conductors located on recently staked claims,
15 km northwest of the Black Dog Deposit. Upon receipt of VTEM © data, Hurricane was
immediately upgraded to high-priority due to its location within favourable Black Dog stratigraphy of
the Upper Stuhini Group and was followed up with sampling, prospecting and mapping during the
2020 exploration season.
The recent discovery of Hurricane was only possible due to major glacial retreat. Previous glacial
cover inhibited any meaningful historical exploration. But, with recent exposure of th ese highly
prospective targets, follow up exploration to preliminary sampling will be prioritized in the 2021
exploration season.
Hurricane Highlights:
• VTEM© uncovers conductive trend of approximately 3.3 km by 0.5 km with two stronger
lobes concentrated along this strike length. Conductance levels were shown to be very
similar to those that overlay the Black Dog Deposit;
• The Upper Stuhini stratigraphy is fertile for VMS as well as possible epithermal
mineralization. This package of fine-grained calcareous sediments, black argillite and
marine volcanic rocks closely resembles the rocks that contain the Black Dog Deposit
(Click Here to View Image);
• 743 ha was staked to cover ground hosting the second conductor. The Company now
owns claims surrounding both conductors; and
• The Company plans to implement an extensive exploration program, commencing in
early 2021. Phase 1 will focus on a significant length of the conductors that has yet to
be mapped, prospected or sampled. A drilling program is planned for Phase 2.
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For Immediate Dissemination OTC: ETRUF
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During the 2020 exploration season, the Company completed geochemistry, grab samples and
trenching on a number of key areas along Hurricane’s 3.3 km strike length. Initial geochemistry
rock sampling received to date produced anomalous silver and copper results. Further results
from grab and trench samples are expected in the immediate term.
The recently mapped geology surrounding the Hurricane targets is very similar to that which hosts
the Black Dog Deposit. Both areas are overlain by limestone packages, contain a unique crystal
lapilli tuff and black carboniferous argillites/mudstones. This lends itself to the possibility that the
conductors picked up by the new VTEM© data represents another lens in the Black Dog system.
Dr. Dave R. Webb, Vice President, Exploration summarizes Hurricane as, “ We are optimistic
about the Hurricane conductors. It is situated in prospective stratigraphy, known to host precious
metals rich VMS mineralization. We have identified two conductive targets at Hurricane: one 800
m long and 250 m wide and a second occurring 900 m farther along strike 420 m long and up to
150 m wide. Both targets correspond to very low magnetic responses, similar to the Black Dog
Deposit located 15 km to the southeast. Our reconnaissance work had planned to assess the
Stuhini rocks on our property for evidence of additional VMS targets, and initial assessments
shows concentrations of elements associated with VMS targets. With very limited historical work
done in the area and with new data from the first-ever VTEM©, the Hurricane represents excellent
potential for new, high-grade mineralization.”
About Etruscus
Etruscus Resources Corp. is a Vancouver-based exploration company focused on the development
of its 100%-owned Rock & Roll and Sugar properties comprising 27, 880 hectares near the past
producing Snip mine in Northwest B.C.’s prolific Golden Triangle.
Etruscus is traded under the symbol “ETR” on the Canadian Securities Exchange and “ERR” on the
Frankfurt Stock Exchange and has 28,514,306 common shares issued and outstanding.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain information set forth in this news release may contain forward -looking statements that involve
substantial known and unknown risks and uncertainties. All statements other than statements of historical
Company Contact
Gordon Lam, CEO
Email: [email protected]
Telephone: 604-336-9088
Website: www.etruscusresources.com
Investor Relations Contact
Derek Wood
Email: [email protected]
Telephone: 403-668-7855
NEWS RELEASE Symbol: CSE: ETR
For Immediate Dissemination OTC: ETRUF
January 13, 2021 FSE: ERR
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