Etruscus Advances Hendrix REE Target at ROCK & Roll Project
ETRUSCUS ADVANCES HENDRIX REE
TARGET AT ROCK & ROLL PROJECT
Vancouver, BC – January 22, 2025 – Etruscus Resources Corp. (CSE: ETR) (OTC:
ETRUF) (FSE: ERR”) (the “Company” or “Etruscus) is pleased to report s urface rock
sampling results from its 2025 exploration program at the Hendrix Rare Earth Element
(“REE”) Target on the Pheno claims, located immediately to the north of the Company’s
100%-owned Rock & Roll Property (the “Property”) in British Columbia’s prolific Golden
Triangle.
Highlights:
• A total of 83 rock samples were taken across the approximately 5 km wide
peralkaline volcanic complex returning the 3 highest grade REE rock samples 1 to
date on the property;
• Assays have demonstrated significant enrichment in neodymium and dysprosium,
two of the most sought -after rare earth elements due to their unique magnetic
properties and use in electric motors;
• These results build on the 2024 program by advancing the understanding of grade
distribution and outlining a number of REE-bearing dikes
• A 4 m wide and 70 m long dike (remaining open where it plunges beneath ice)
returned an average of 0.39% Total Rare Earth Oxides 2 (“TREO”) from six grab
samples1;
• Continued research confirms that t he closest analogues deposit is R ound-top
located in Texas, owned by USA Rare Earths (NASDAQ: USAR) with a market
capitalization of over US$2 billion;
• The Hendrix target contains a significantly above average ratio (0.30) of Heavy
REE’s versus Light REE’s3. Heavy REE’s are scarcer globally, critical for modern
technologies, and economically more significant; and
• An increased appetite for critical minerals from North American sources is
becoming evident through multiple government-backed initiatives and tightening
Chinese export restrictions.
Fiore Aliperti, Etruscus Resources’ CEO stated “ The i dentification of multiple REE -
bearing dikes at Pheno represents an important step forward in advancing this very large
REE target. We are looking forward to returning in 2026 to expand on these results, refine
our targeting, and continue evaluating this consistently mineralized, near surface target .
With global demand for rare earth elements continuing to increase and supply chains
facing heightened geopolitical pressure, we believe exploration-stage REE opportunities
in stable jurisdictions are becoming increasingly scarce and important,”
Field Photographs of REE bearing Feldspar Porphyritic Felsic Dikes
Rock Samples
The Hendrix Target is a surface -exposed, REE-enriched bulk-tonnage target covering
more than 5 km of horizontal extent. Sampling completed in 2025 has delineated zones
of strong REE enrichment within vertically emplaced dikes ranging from approximately
0.5 to 4 m in width. These dikes have returned between 2,000 and 5,000 ppm TREO from
rock grab samples , with a significant value derived from dysprosium, neodymium, and
terbium. The dikes are hosted within REE-bearing peralkaline tuffs and rhyolites, defining
a large volume of rock with elevated rare earth element content and associated critical
minerals, including niobium and scandium.
Hendrix Target REE Geochemistry
Select samples were also analyzed by whole -rock geochemistry (major elements),
supporting lithological classification and indicating a unique, highly evolved felsic system
characterized by silica -rich compositions and elevated total alkalis. Geochemical
interpretation identifies a positive relationship between Zr and TREO, suggesting that
zirconium-bearing accessory phases —and potentially allan ite, monazite, and apatite —
may be key hosts or indicators associated with REE enrichment. Magmatic fractionation
is interpreted to have played an important role in concentrating REEs, supported by
systematic increases in TREO with fractionation indices (Rb /Sr and Zr/ TiO₂).
Petrographic work completed on four samples, primarily from the higher -grade dikes,
describes quartz -phyric felsic volcanic rocks with a fine -grained quartz -alkali feldspar
groundmass, variably altered to clay/sericite.
2025 Rock Sampling on the Hendrix Target
Next Steps
New technology was implemented in 2025 using a handheld Geiger counter that provided
real time feedback of detecting gamma rays emitted due to the decay of uranium and
thorium in the REE bearing host rocks. This allowed the team to identify new REE rich
dikes while completing geological traverse s. The team looks forward to applying this
technology across larger parts of the target in the future and is also evaluating airborne
radiometric surveys that could be very useful in isolating further zones of high grade REE
mineralization.
REE global context
REEs remain strategically important to global supply chains due to their role in
technologies such as permanent magnets for electric vehicles, wind turbines, advanced
electronics, and defence applications. Demand is expected to grow, while new
discoveries and development timelines remain constrained by permitting, technical
complexity, and long lead times from exploration through to potential production.
Geopolitical factors continue to influence the REE market, with Western jurisdictions
pursuing policies and partnerships aimed at strengthening domestic and allied critical
mineral supply chains. In this context, North America and the broader Arctic region ,
including Greenland, have gained increased visibility as potential contributors to future
REE supply, reinforcing the importance of continued exploration and technical evaluation
of prospective targets.
1Grab samples are selective by nature and may not be representative of the
mineralization on the property.
2TREO is calculated by converting individual REE concentrations reported in parts per
million to their corresponding oxide equivalent using stoichiometric conversion factors
and summing the resulting oxide concentration of the following elements: Y, La, Ce, Pr,
Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu
3Heavy rare earth elements are defined as (La +Ce+Pr+Nd+Sm). Light rare earth
elements are defined as (Gd+Tb+Dy+Ho+Er+Tm+Yb+Lu). The ratio was defined by
dividing the heavy REE’s by the light REE’s across all rock samples taken on the property
QA/QC Statement
The Company has adopted a rigorous quality assurance and quality control (“QA/QC”)
program to ensure best practices in sampling of all rock, soil and silt material. The
Company’s samples are assayed by ALS Geochemistry Labs which has facilities in
Terrace and North Vancouver , BC. All rock samples were crushed to 70% pass 2mm
fraction, and then a 250g split was pulverized to better than 85% passed a 75 -micron
screen. Multi-element analysis for gold copper exploration was performed by ALS using
four acid digestion ICP-MS package (ME-MS61). Gold grades were returned by fire assay
(Au-ICP21). Samples that returned above detection limits in silver, copper, lead and zinc
were reanalyzed with appropriate ore grade analysis to determine absolute values. For
REE samples, a lithium borate fusion analysis was performed using ALS package ME -
MS81 for full digestion of REE minerals.
Etruscus undertook an internal QA/QC procedure that involved systematically inserting
standard samples at an interval of 1 out of 10 samples. These included certified reference
material as well as blank samples and duplicates.
ALS is an independent provider of geochemical laboratory services for the exploration
and mining industries and is an ISO 17025 (Testing and Calibration) and ISO 9001
(Quality Management System) accredited laboratory.
QP statement
Technical aspects of this news release have been reviewed and approved by Stephen
Wetherup, BSc., P.Geo., who is a Qualified Person as defined under National Instrument
43-101.
About Etruscus
Etruscus Resources Corp. is a Vancouver -based exploration company focused on the
acquisition and development of precious metal mineral properties. The Company’s
flagship asset is the 100% -owned Rock & Roll Property comprising 23,726 ha near the
past-producing Snip mine in Northwest B.C.’s prolific Golden Triangle , one of Canada’s
most active and prospective exploration regions. The Company is also exploring the
Pheno Property, a rare earth element target totalling 5,618 ha which is contiguous to Rock
& Roll.
Etruscus is traded under the symbol “ETR” on the Canadian Securities Exchange,
“ETRUF” on the OTC and “ERR” on the Frankfurt Stock Exchange. Etruscus has
64,309,527 common shares issued and outstanding.
Company Contact
Fiore Aliperti, President & CEO
T: 604-336-9088
W: www.etruscusresources.com
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