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ETR.CN ·

Etruscus Gears up FOR 2020 Exploration Season

Exploration Programs

ETRUSCUS GEARS UP FOR 2020

EXPLORATION SEASON

July 6, 2020

Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (FSE: ERR) (the “Company” or

“Etruscus”) is pleased to provide an update on its 2020 exploration season at its Rock &

Roll and Sugar properties located in the Eskay Camp of British Columbia’s Golden

Triangle. The exploration team is preparing to mobilize to the prop erty and expects t o

start the season in the coming week.

Situated in an area where both Skeena Resources and Seabridge Gold are drilling at or

near past-producing mines, Etruscus intends to be very active in 2020 . A n aggressive

exploration and drilling program is planned after expanding the length of the mineralized

Black Dog system by over 4 times in 2019.

Highlights for 2020 season:

• 7 targets and 6 areas of priority that will be worked in the coming weeks to pinpoint

collars for drilling later in the season;

• Early season exploration work that includes sampling, prospecting, mapping and

a VTEM© airborne geophysical survey over key areas of our property will provide

valuable data to enhance current targets and identify new ones;

• A significant drill campaign is expected to begin once early season work is

completed. Drill permits have been issued and drilling could end late in the year

as targets are located near sea level;

• Main goals for 2020 drilling are to expand the existing gold-silver resource and

discover new, high-grade mineralizing systems.

“We are very excited about the prospects and drill targets for the upcoming season,

particularly the large, conductive Wall target that appears to be a down dip extension to

the Black Dog system and may represent an additional massive sulphide lens on the

Rock and Roll property. The Wall target has large scale resource potential and w e are

excited to start our season,” Gordon Lam, President and CEO commented.

Qualified Person

Technical aspects of this news release have been reviewed and approved by Dr. Dave R.

Webb, Ph.D., 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

development of its 100% -owned Rock & Roll and Sugar properties comprising 27,136

hectares near the past producing Snip mine in Northwest B.C.’s prolific Golden Triangle.

Etruscus is t raded under the symbol “ETR” on the Canadian Securities Exchange and

“ERR” on the Frankfurt Stock Exchange and has 22,453,501 common shares issued and

outstanding.

On behalf of the Board of Directors:

/s/ “Gordon Lam”

Chief Executive Officer, President and Director

For further information:

Tel: 604-336-9088

Email: [email protected]

Web: www.etruscusresources.com

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This Press Release may contain statements which constitute ‘forward -looking’ statements, including

statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or

its officers with respect to the future business activities and operating performance of the Company. The words

“may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar

expressions, as they relate to the Company, or its management, are intended to identify such forward-looking

statements. Investors are cautioned that any such forward-looking statements are not guarantees of future

business activities or performance and involve risks and uncertainties, and that the Company’s future

business activities may differ materially from those in the forward-looking statements as a result of various

factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities

regulatory authorities, including quarterly and annual Management’s Discussion and Analysis, which may be

viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or

should assumptions underlying the forward -looking statements prove incorrect, actual results may vary

materially from those described herein as intended, planned, anticipated, believed, estimated or

expected. Although the Company has attempted to identify important risks, uncertainties and factors which

could cause actual results to differ materially, there may be others that cause results not to be as intended,

planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume

any obligation, to update these forward-looking statements.

Neither the CSE nor its Regulatio n Services Provider (as that term is defined in the policies of the CSE)

accepts responsibility for the adequacy or accuracy of this release.