Etruscus Advances Large-Scale Rare Earth Target
ETRUSCUS ADVANCES LARGE-SCALE
RARE EARTH TARGET
Vancouver, BC – May 7, 202 5 – Etruscus Resources Corp. (CSE: ETR) (OTC:
ETRUF) (FSE:ERR) (the “Company” or “Etruscus”) is pleased to provide an update on
the Company’s 100% owned Rock & Roll Property ( the “Property”) located in the prolific
Golden Triangle of northwestern British Columbia. Additional assays and thin section
analysis from the Hendrix target, located on the Pheno claims to the north of the Property,
show that high-value Rare Earth Elements (or “REEs”) are hosted by unique peralkaline
igneous rocks. These rock types result from magmatic fractionation that accumulates
REEs including the nationally important magnet metals terbium and dysprosium as well
as critical minerals such as niobium and gallium. China, which currently produces 90% of
the world’s REEs, has recently announced major export restrictions on them, causing
increases in demand and a sharp rise in the prices of these commodities.
Fiore Aliperti, Etruscus' CEO, commented, “With global trade tensions escalating and
robust long-term demand for critical minerals , especially rare earth elements continuing
to define the political narrative, having a secure domestic supply is more important than
ever. Our REE target represents a strategic opportunity not only for Etruscus, but for
North America's broader effort to reduce reliance on foreign sources and support our
domestic technologies within national security, clean energy and high -tech
manufacturing.” He went on to say, “ We are excited about multiple opportunities at the
Rock & Roll property but drilling at the Zappa target is still the number one priority . The
team looks forward to completing the first -ever drill holes on the copper gold porphyry
target this summer alongside advancement of the Hendrix REE target.
Highlights
• On April 4 th 2025, t he Government of China announced significant export
restrictions on 7 heavy REEs used extensively across multiple industries including
defense, automotive, and green energy. The Hendrix target contains enriched
levels of all 7 elements.
• High-value REEs identified at Hendrix include dysprosium and neodymium, both
essential components in permanent magnets used to power electric motors.
• Additional assays revealed elevated concentrations of niobium, beryllium , and
gallium, all defined as critical minerals by the Canadian and US governments ,
further boosting the value of this target.
• USA Rare Earth Inc, the 80% owner of the geologically−similar Round Top REE
Deposit, recently listed on the Nasdaq with a ~$1B USD market cap, demonstrating
the market’s appetite for REE producers.
• The Saskatchewan Research Council has begun producing North America’s only
domestic supply of rare earth magnet metals. Backed by over $15 million in
Canadian government grants, this highlights the federal commitment to developing
a domestic REE supply chain.
• Thin section analysis of 9 samples from Hendrix, confirms the presence of quartz-
K-feldspar phyric rhyolites with volcanic textures and flow banding, demonstrating
the unique, evolved nature of this target. Potential REE -host minerals include
bastnäsite, zircon, and K-feldspar.
Critical Elements
Further research of the Hendrix rhyolite geochemistry has returned important insight into
the REE potential of the target. Assay analysis has demonstrated strong enrichment in
REE values especially those needed in the production of important magnet metals such
as neodymium and dysprosium. The addition of other enriched critical minerals outside
of the REE s such as niobium, beryllium and gallium are also encouraging and provide
multiple opportunities for potential increases in shareholder value. Considering that these
samples were taken randomly with no previous knowledge of grades, the team is
encouraged with the initial findings and will look to expand on the size and controls of the
highest grade REE mineralization. Key elements that are enriched at Hendrix include
dysprosium, neodymium, gallium, tantalum, niobium, all situated on the Canada’s Critical
mineral list.
Geology
The scale of the REE target has also been validated through reg ional magnetic data
analysis that suggests this extinct volcano has flows of at least 20 km2 and a projected
thickness >200m. Vancouver Petrographic recently completed t hin section work
confirming the rocks as being highly evolved rhyolites that formed as the final eruption of
felsic lavas that concentrated the REEs in a volcanic system. These types of prospective
rocks are rare across the globe. A schematic cross section of the volcanic feature is
presented to demonstrate the size of the target. Overarchingly, these results point to the
possibility of a very large mineralized REE system capable of containing significant REE
resources on the Property.
Schematic cross section of the Hendrix REE target on the Pheno Claims
Global Demand
China currently dominates the REE market, controlling 70% of global mining and 90% of
global processing capacity. Recent export restrictions have sparked a sharp rise in North
American demand, creating increased prices and renewed urgency for domestic
production. With metal prices on the rise and governments actively supporting REE
projects through grants and strategic incentives, the sector is set for substantial growth.
These critical elements are incredibly important at a national level and at the heart of the
global clean energy transition with uses in electric vehicles, solar technologies, and
advanced electronics. This presents a compelling opportunity at the Rock & Roll Property
and across the REE sector.
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 29,344 ha 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, “ETRUF”
on the OTC and “ERR” on the Frankfurt Stock Exchange. Etruscus has 60,586,194
common shares issued and outstanding.
This news release does not constitute an offer to sell or a solicitation of an offer to buy
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registered under the United States Securities Act of 1933, as amended (the “U.S.
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United States or to U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is available.
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Company Contact
Fiore Aliperti, President & CEO
T: 604-336-9088
W: www.etruscusresources.com