2024 Exploration Targets:
TARGET | DESCRIPTION | WORK | STAGE |
Discovery | 1.1 km QSP Altered, Copper/Gold Porphyry | IP, Soil, Rock, Mapping | Drill-Ready |
Heather | Epithermal, High-Grade, Gold/Silver Veins | IP, Soil, Rock, Mapping | Drill-Ready |
New Copper-Molybdenum Porphyry Discovery | Rock, Mapping | Development | |
Pheno | Rare Earth Element Target in Fractionated Rhyolites | Rock Sampling | Development |
Hammer | High- | Rock Sampling | Exploration |
North Gossan | 400m Hydrothermal Alteration, Related to Discovery | Rock, Soil | Exploration |
Discovery Porphyry Target
The most advanced showing on the property is the Discovery copper-gold porphyry target, previously described in a news release dated
Extensive geological mapping, carried out in 2022, revealed robust quartz-sericite-pyrite alteration indicative of a porphyry Cu-Au system that extends over 1 kilometer to the east of the original Discovery showing towards the receding
The eastern boundary of the chargeability anomaly identified from an IP survey in 2022 remains open and 4 more lines are planned for 2024. This will define the true extension of the Zappa anomaly up to the
The Heather Target, located 5 km southeast of the Discovery Target, is highlighted by a significant number of high-grade gold assays and a 300 m by 350 m soil anomaly elevated in gold, copper, molybdenum and zinc. High level epithermal indicators include quartz-pyrite stockworks and drusy polymetallic veins. The area has returned grab rock samples as high as 36.6 g/t Au and an average of 2.92 g/t Au, 2,014 g/t Ag, 0.45% Cu, 4.1% Pb, and 7.0% Zn from 3 samples taken along a newly discovered polymetallic quartz vein. The high-grade nature of the showing combined with the large-scale geochemical anomaly suggests a significant mineral system could exist at the Heather.
The IP survey completed in 2022 also demonstrated two controlling gold trends coincident with two highly chargeable anomalies directly below surface. The team is eager to continue work in the area to correlate the geophysical data to the geological maps and delineate a promising drill target.
Kashmir Showing
The
A total of 18 selective rock grab samples were collected at the
Pheno Target
The Pheno claims represent a unique exploration opportunity for Etruscus into the critical metal market with anomalous rare earth mineralization inadvertently identified in rock samples taken by the BC geological survey. The work at this target is in its initial stages, but the team sees potential for a large-scale bulk-tonnage system comparable to the Round Top Deposit in
Qualified Person
Technical aspects of this news release have been reviewed and approved by
About Etruscus
Etruscus is traded under the symbol "ETR" on the Canadian Securities Exchange, "ETRUF" on the OTC and "ERR" on the
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