E-Tech Resources Inc. Ramps up Exploration Activities and Engages Gecko Namibia and Flightec Namibia
E-Tech Resources Inc. Ramps up Exploration
Activities and Engages Gecko Namibia and
Flightec Namibia
Halifax, Nova Scotia--(Newsfile Corp. - October 16, 2023) - E-Tech Resources Inc. (TSXV: REE) (FSE:
K2I) ("
E-Tech
" or the "
Company
") is pleased to announce the engagement of Gecko Namibia (Pty) Ltd.
("Gecko") and Flightec Namibia ("Flightec") to support ongoing exploration and development activities
on its 100% owned Eureka project.
E-Tech has evaluated the results of the current exploration program and is now expanding its activities to
include a Phase 1 Ultra-high resolution UAV-borne magnetic survey.
This survey is planned to be
conducted by Flightec later this year.
E-Tech CEO, Todd Burlingame, says, "As E-Tech ramps up our exploration activities, we are increasing
our capacity by engaging the services of Gecko and Flightec to assist in the advancement of the Eureka
project. Gecko's technical strengths are complementary to our existing in-house expertise.
Additionally,
E-Tech's corporate vision and objectives align with Gecko's, namely to develop the resources of
Namibia in an ethical, social, and environmentally responsible manner." Burlingame further states,
"Engaging
Flightec
to conduct an Ultra-high resolution UAV-borne magnetic survey supports our
commitment to use innovative and best in class technology to unlock the value of the Eureka project."
The results of the magnetic survey will be used to plan the 2024 exploration and drill programs across
EPL 6762 and EPL 8748.
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. Namibia is recognized as one of Africa's most
politically stable jurisdictions, with an extremely well-established national infrastructure and clear and
transparent mining legislative and regulatory framework.
Figure 1
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/183888_
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 project represents a district-scale swarm of subparallel carbonatite dykes with monazite
mineralization. Initially, exploration drilling focused on the Central Eureka deposit only.
Additional drilling
is planned after interpretation of currently conducted soil geochemical surveys and additional
geophysical surveys.
The project includes Exclusive Prospecting License ("EPL") number 6762. E-Tech
has also entered a definitive agreement to acquire an 85% interest in the permit EPL 8748, which lies
adjacent to and surrounds the Company's EPL 6762.
Figure 2
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/183888_62ddbe9c64aef977_002full.jpg
Prospecting, mapping, trenching, geophysical and radiometric surveys, and drilling commenced in 2017.
Exploration is ongoing, and preparation for additional activities including
expanded geophysical surveys,
metallurgical test work and updating mineral resource estimate are underway.
Figure 3
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/183888_62ddbe9c64aef977_003full.jpg
About Gecko Namibia (Pty) Ltd.
Gecko Namibia (Pty) Ltd (
www.gecko.na
) is a Namibian owned company that focuses on providing the
whole spectrum of exploration services.
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.com.
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/183888