E-Tech Resources Inc. Announces Positive Soil Sampling Results from Target 9 on Its Eureka REE Project
E-Tech Resources Inc. Announces Positive
Soil Sampling Results from Target 9 on Its
Eureka REE Project
Halifax, Nova Scotia--(Newsfile Corp. - April 19, 2023) - E-Tech Resources Inc. (TSXV: REE) ("
E-Tech
"
or the "Company
") reports soil sample results from drill target T09, located ~800 m north from Zone 1
of its Eureka REE Project ("
Eureka" or the "Project
").
The Eureka T09 soil sampling program has resulted in the delineation of a large-scale, well-defined, drill-
ready REE target, which will now be referred to as the "Adder target".
Jim Megann, CEO of E-Tech Resources, commented: "
Our previous drilling program in Zones 1-4 has
yielded promising results, with a robust number of intercepts demonstrating significant mineralization.
The outreach soil samples we are reporting here are located 800 m north of Zone 1 and indicate that
our outreach program is identifying new areas for exploration. Moreover, we have identified numerous
targets and are awaiting assay results that may confirm that they are as promising as Zones 1-4. This
ongoing validation further supports our belief that the Eureka Dome may have several mineral-rich
targets. As we continue to interpret the Dome's structure, we hope to identify even more drilling targets
in the near future.''
The Adder target is approximately 450 m long and 250 m wide and is coincident with anomalous
Thorium (Th) radiometric response. Thorium is used as an effective exploration targeting tool due to its
association with the REE-bearing monazite mineralization (see Figure 1 below) identified at Eureka.
An
in-situ
soil pXRF survey was conducted on the Adder target on a tight 20 m by 10 m spaced sample
grid. Approximately 72% of all points analyzed on the Adder target returned anomalous grades ≥500
ppm (0.05%) TREO in soil, with the highest returning 0.32% TREO in soil. The anomalous
concentrations of REE found in the soil are consistent with the discovery of mineralized rock chip grab
samples, (
see News Release April 13, 2023
) providing further confirmation of this target.
The measured background REE concentrations are <0.03% TREO. The target is open-ended and has
the potential to extend beyond its current interpreted surface area which is being investigated with further
detailed groundwork. Exploration activities to date have included systematic detailed prospect-scale
mapping and surface geochemical sampling, augmented by high-resolution magnetic and radiometric
surveys.
Use of the pXRF enables the field team to rapidly identify target areas with anomalous REE, and the
designed detailed soil sampling work programs are then completed to further delineate drill targets.
Figure 1: Location of the Adder Target
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Eureka Project Technical Disclosure
The current Mineral Resource Estimate ("MRE") for the Eureka Project was prepared by SRK
Consulting (UK) ("SRK") effective from August 2, 2021. An Independent Technical Report titled
"Independent Technical Report: Eureka, Rare Earth Project, Namibia" was released on September 15,
2021 and prepared by SRK, supporting the disclosure of the MRE, and is available on SEDAR and the
Corporation's website. (
https://etech-resources.com
)
pXRF Technical Disclosure:
Portable X-Ray Fluorescence (pXRF) analyzers measure the presence of an element in a sample by
identifying the element's characteristic X-ray emission wavelength or energy (i.e. fluorescence) when the
sample is struck by a primary X-ray source/beam emitted by the instrument's X-ray tube. The amount of
an element present is quantified by measuring the intensity of that element's characteristic X-ray
emission. pXRF results provide only a preliminary indication of the presence of REE mineralization in
samples. Accurate determination of REE content still requires analysis of samples by an accredited,
certified laboratory.
E-Tech is using a SciAps X-555 pXRF analyzer equipped with a 55kV X-ray tube enabling it to detect
seven (7) of the REEs (La, Ce, Pr, Nd, Sm, Eu and Gd) and Y, along with a range of transition elements
and heavy metals. This enables the Company to have live preliminary results for TREO which are based
on pXRF assays. From the pXRF results
1
, the TREO
2
is the sum of the oxides of the analyzed REEs
(La, Ce, Pr, Nd, Sm, Eu and Gd) plus Y. Comparisons between the internal pXRF results and ActLabs
laboratory assay results for historical analytical work has confirmed the reliability of the Company's pXRF
results. In the current conditions, pXRF results give the Company a strong indication of which samples
are mineralized.
Samples prepared during the procedure described above are analyzed through the 40-micron sample
bag with the Company's X-555 pXRF analyzer with read times of 120 seconds (40 seconds per beam).
Sample processing techniques for pXRF analysis:
The pre-loaded sample point is located using the GPS. The sampling area (i.e. pXRF analyzing spot on
the ground) is swept free from the overlying gravel/rubble/pebbles using a broom. Soil material is
loosened with the edge of a spade and scooped into a sieve. The material is poured through a sieve
and the ≤1 mm fraction is collected in a container. A 100-micron plastic sample bag is placed over the
fine material to prevent the pXRF from coming in contact with the soil. The pXRF analyzes the fine
material in the container and the test results are saved. Samples prepared during the procedure
described above are analyzed through the 40-micron sample bag with the Company's X-555 pXRF
analyzer with read times of 120 seconds (40 seconds per beam).
Quality Assurance / Quality Control
The pXRF is calibrated at the start with two (2) standards. Blanks (pulverized marble rock chips) and
REE standards are inserted in the analyzing sequence for every 20 samples analyzed to continually
monitor the performance of the instrument. All equipment used during sample preparation is cleaned
before proceeding to the next sample to prevent carry-over/contamination. Regular analysis of the blank
material indicates minimal issues regarding sample contamination caused by the in-field preparation
method. Each sample is thus assigned a pXRF La, Ce, Pr, Nd, Eu, Gd, and Y value (in parts per million
(ppm)) which will then be superseded by lab quality assay results when they are received.
Qualified Person
Pete Siegfried, BSc. (Hons), M.Sc., is a Consulting Geologist and director of GeoAfrica Prospecting
Services CC. Mr. Siegfried has reviewed and approved the scientific and technical information in this
news release. Mr. Siegfried is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM)
membership number: 221116 (CP Geology), and a Qualified Person for the purposes of National
Instrument 43-101 -
Standards of Disclosure for Mineral Projects
.
About E-Tech Resources Inc.
E-Tech Resources Inc. (TSXV: REE) is a rare earth exploration and development company focused on
developing its Eureka Rare Earths Project in Namibia. 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 situated next to the national B1 highway in the Erongo Region of Namibia. The
Eureka deposit lies in the Southern Central Zone of the Neoproterozoic Damara Belt within EPL 6762.
which covers Eureka Farm 99 and Sukses Farm 90. Namibia is recognized as one of Africa's most
politically stable jurisdictions, with an extremely well-established national infrastructure and a clear and
transparent mining law. The Corporation continues to assess new project opportunities and expand its
Southern African portfolio.
Further details are available on the Corporation's website at
www.etech-resources.com
or
contact Jim Megann, Interim CEO of E-Tech Resources Inc., at +1
902 334 1949.
Neither 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.
Caution Regarding Forward-Looking Information
This press release may contain forward-looking information, such as statements regarding the
completion of the work in Namibia by E-Tech and future plans and objectives of E-Tech, including
acquisition of EPL 8748 by E-Tech which is subject to granting of EPL 8748 by Namibian authorities,
regulatory approval and closing conditions. This information is based on current expectations and
assumptions (including assumptions in connection with the continuance of the applicable company
as a going concern and general economic and market conditions) that are subject to significant risks
and uncertainties that are difficult to predict, including risks relating to the ability to satisfy the
conditions to completion of exploration programmes and work in Namibia. Actual results may differ
materially from results suggested in any forward-looking information. E-Tech assumes no 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 applicable
securities laws. Additional information identifying risks and uncertainties is contained in filings made
by E-Tech with Canadian securities regulators, copies of which are available at
www.sedar.com
.
Footnotes:
1
pXRF results are for screening purposes and are semi-quantitative only. Only 7 of the REE elements (La, Ce, Pr, Nd, Sm, Eu and Gd) and Y are
analyzed with pXRF analyzer.
2
TREO: Total Rare Earth Oxide Incl. Yttrium oxide (Y2O3)
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