E-Tech Resources Commences Trenching at Its Rare Earth Eureka Tenement in Namibia and Confirms New Rare Earth Prospects
E-Tech Resources Commences Trenching at
Its Rare Earth Eureka Tenement in Namibia
and Confirms New Rare Earth Prospects
Halifax, Nova Scotia--(Newsfile Corp. - February 26, 2024) - E-Tech Resources Inc. (TSXV: REE) (FSE:
K2i) ("
E-Tech
" or the "
Company
") is pleased to announce that its trenching program on the 100%-
owned Eureka project on Exclusive Prospecting License (“EPL”) 6762 in Namibia has commenced.
The main objective of the trenching program is to test new targets identified by the 2023 regional soil
geochemical survey. Further, trenching is planned in a way to better define the orientation and structural
setting of mineralized zones prior to starting a proposed drilling campaign. The program was initiated on
February 22. As of February 26, 10 trenches for a total of approximately 400 m were dug and all have
intercepted multiple zones of monazite mineralization.
“We continue to pursue a methodical and systematic exploration strategy as we advance our
understanding of the Eureka property and identify new high-priority drill targets,” said CEO Todd
Burlingame. “Our initial focus is to test new targets on a regional scale identified through the 2023
exploration program and use the results to further refine our targeting methodology prior to finalizing a
proposed drill program. Visual inspection shows the presence of rare earth mineralization in the form
of monazite bearing calc-silicate mineralization similar to those found in the discovery zones in
trenches in targets located outside of the original Eureka Central Prospect, thus supporting the new
geological concept.”
Trenching Program
The focused Phase 1 trenching program will initially include 15 trenches planned for a total length of 629
m. The trenches cover the prospects Eureka East, North (T9), Northeast (T15) and T16 and new areas
identified by geological reconnaissance and the 2023 systematic regional soil sampling program.
The trenching program is managed by Gecko Exploration and aims at identifying rare earth
mineralization in bedrock at the new regional prospects and, thus, increasing the prospectivity of E-
Tech’s ground. Detailed geological and structural logging is conducted in the new trenches to identify
lithological and structural elements controlling the calc-silicate hosted monazite mineralization which will
further allow for focused prospecting of the tenements including the new EPL 8748.
Geological logging has commenced and is ongoing. Visual inspections of the trenches confirm rare
earth mineralization in the form of coarse crystalline monazite hosted by zones of calc-silicate rock in all
the trenches.
The trenching program is kept flexible to maximize the outcome. Continuous geological logging,
structural mapping and sampling allows the field team to strategically position additional trenches
throughout the program. At key intercepts, short trenches are dug in parallel to log the spatial setting of
the mineralized zones, their geometry and relationship to the bedding of the host meta-sedimentary
sequence and Damaran age foliation and structures.
Regional-scale rare earth prospects on EPL 6762 currently under exploration by trenching
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/199213_677aabf934653a88_001full.jpg
E-Tech’s trenching program: Early visual inspection shows intercepted zones of rare earth
mineralization. Gecko Exploration excavator at trench No.3 (left), E-Tech geo crew during initial mapping
and structural interpretation of the monazite zone in trench No.5 at Eureka North prospect.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/199213_677aabf934653a88_002full.jpg
About E-Tech Resources Inc.
E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) is a rare earths exploration company focused on
developing its Eureka Rare Earths Project in Namibia. Eureka represents a district-scale swarm of calc-
silicate hosted monazite mineralization.
The Eureka project is located approximately 250 km north-west of Namibia's capital city Windhoek and
140 km east of Namibia's main industrial port Walvis Bay. The project is crossed by the national B1
highway and right next to the main national railroad line. The Eureka project is based on EPL 6762. E-
Tech has also entered into a definitive agreement to acquire an 85% interest in EPL 8748, which lies
adjacent to and surrounds the Company’s EPL 6762.
Namibia is recognized as one of Africa's most politically stable jurisdictions, with an extremely well-
established infrastructure and clear and transparent mining legislative and regulatory framework.
Qualified Person
Keith Webb, BSc Honours in Applied Geology, is a Consulting Geologist with 37 years’ experience in
the mining and exploration sector and has reviewed and approved the scientific and technical
information in this news release. Mr. Webb is a Member of The Australasian Institute of Geoscientists
(AIG) membership number: 3688, and a Qualified Person for the purposes of National Instrument 43-101
–
Standards of Disclosure for Mineral Projects.
Cautionary Statements
This press release may contain forward-looking information. This information is based on current
expectations and assumptions (including assumptions relating to general economic and market
conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results
may differ materially from results suggested in any forward-looking information. E-Tech does not assume
any obligation to update forward-looking information in this release, or to update the reasons why actual
results could differ from those reflected in the forward-looking information unless and until required by
securities laws applicable to E-Tech. Additional information identifying risks and uncertainties is
contained in the filings made by E-Tech with Canadian securities regulators, which filings are available
at
www.sedarplus.ca
.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information, please contact Todd Burlingame, CEO of E-Tech Resources Inc., at
(782) 409-5474.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/199213