Etruscus Mobilizes FOR Drilling as “Bulls-Eye” Targets ARE Outlined at ROCK & Roll Project
ETRUSCUS MOBILIZES FOR DRILLING AS “BULLS-EYE”
TARGETS ARE OUTLINED AT ROCK & ROLL PROJECT
August 23, 2019
Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (the “Company” or “Etruscus”) is
pleased to announce that crews are mobilizing for the start of its Phase 1 drill program at the
Rock & Roll Project in Northwest B.C.’s Eskay Camp . This follows confirmation of a number of
relatively shallow geophysical targets considered highly prospective for additional volcanogenic
massive sulphide (VMS) discoveries.
Highlights:
• 2,500 metres of Phase 1 drilling is targeting additional silver-gold-copper-zinc-rich VMS-
style mineralization near the Black Dog deposit which was discovered three decades
ago but has never been systematically followed up on until now;
• The most recent airborne electromagnetic (EM) survey for the area has been
reinterpreted resulting in new encouraging results; and
• Geophysics, geochemistry and structural geology have combined to support the
interpretation that the large southern bloc k of the Rock & Roll Project, at a low elevation
7 km northwest of the past producing Snip high -grade gold mine, has the potential to
host multiple VMS-style deposits.
Dr. Jules Lajoie, who for the past 2 years has successfully selected massive sulphide drill
targets at Garibaldi Resources ’ Nickel Mountain from downhole geophysics, has outlined
several high priority near -surface conductors over a triangle -shaped area covering
approximately 3 sq. km adjacent to the historic Black Dog deposit.
Physical property analysis of some historic Black Dog drill core and other rock samples
collected from the property over the summer, showed that massive sulphide samples are orders
of magnitude more conductive than graphite bearing samples. This puts more weight on the
previously discounted airborne EM targets thought to be caused by graphite and suggests that
they may instead be caused by massive sulphides.
An improved understanding of the structural controls on mineralization at the Rock & Roll
Project, and a fir st-ever biogeochemical survey of the area yielding numerous coincident
multielement anomalies , some correlating to targeted geophysical anomalies, further support
Dr. Lajoie’s geophysical interpretations that can only be confirmed through drilling.
Gordon Lam, Etruscus President and CEO, commented: “I am extremely pleased with the many
months of hard work by our technical team, specifically the geophysic al reinterpretation by Dr.
Jules Lajoie. The conclusion changes over 30 years of geological thinking and gives us great
confidence as drillers now take aim at some exception al targets at shallow depths mostly
between 100 meters and 200 meters. Our first broad target area at Rock & Roll is south of the
Iskut River. Notably, the VMS system is believed to continue to the north, beyond the Iskut
River, where targets are being finalized.”
Qualified Person
Technical aspects of this news release have been reviewed and approved by Lindsay Bottomer,
P.Geo., FAusIMM 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 26,464 hectares
near the past producing Snip mine in Northwes t B.C.’s pr olific Eskay Camp. Etruscus trades
under the symbol ETR on the Canadian Securities Exchange and currently has 19,394,001
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
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