Etruscus grab sample results show 7,013 g/t Silver, 12.7 g/t Gold

Etruscus Resources (CSE:ETR) recently published results of their VTEM and grab sample program, both of which further reinforce the investment thesis.

The recently issued press release of new targets identified as a result of their VTEM program speaks about the additional discovery as a result of glacial retreat:

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce the discovery of a new high-priority mineralized zone on the Company’s Rock & Roll property, located in the Eskay Camp of BC’s resource-rich Golden Triangle. Two targets along the “Hurricane” were discovered as a result of a VTEM© airborne survey completed during the 2020 exploration season.

https://etruscusresources.com/wp-content/uploads/2021/01/Hurricane-3D-V3.jpg

Today Etruscus Resources issued a press release announcing the results of their grab sample program. Highlights include very impressive grab samples of 7,013 g/t Ag, 12.7 g/t Au, 3.9% zinc, 2.4% lead, and 0.2% copper.

Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce substantial rock sampling results from the “Thunderstruck” target newly discovered during its 2020 summer exploration program in the Eskay Camp of BC’s resource-rich Golden Triangle. The Thunderstruck target is located 1.5 km southeast of the Hurricane Target (announced January 13, 2021), both located on the recently staked extended Rock & Roll claims, and 13 km northwest of the Black Dog Deposit.

Like Hurricane, the Thunderstruck target was immediately upgraded to high-priority due to the strong geochemistry returned from the high-grade samples. The area contained multiple quartz calcite veins of cm scale that spread over an area of hundreds of meters. Iron carbonate weathering and gossanous patches were visible through the deposited glacial moraine. The veins showed polymetallic signatures high in elements expected in epithermal environments such as Pretium’s high-grade Brucejack deposit.

Thunderstruck Highlights:

  • Grab sample* # B0026845 assayed 7,013 g/t silver, 12.7 g/t gold, 3.9% zinc, 2.4% lead,
    and 0.2% copper;
  • Another grab sample taken 85 meters (“m”) away also had very impressive silver results with 1,017 g/t silver, as well as significant gold, copper, lead and zinc;
  • Historic work from this area in 1983 suggest it was entirely under ice at that time;
  • The nearby Argentina vein 1,800 m northwest sampled 555 g/t silver;
  • The nearby Heather vein 1,500 m southeast sampled 25 g/t gold, 332 g/t silver and 5.1% lead in 2019 and soil sampled** 9.5 g/t gold and >100 g/t silver in 1983; and
  • Further rock sampling to the south along the edge of the glacier, 200 m and 700 m south also returned rocks with elevated silver and gold.

Etruscus grab sample

Through an extensive 20-day geological mapping and sampling program completed on the extended Rock & Roll claims this past summer, the team discovered numerous veins at or near the Thunderstruck target. These veins appear to show potential for precious metal mineralization including high-grade silver and gold, and often demonstrate elemental signatures representative of an epithermal system. They occur in a fine-grained sedimentary sequence of siltstones and calcareous sediments tentatively assigned to be Upper Stuhini Stratigraphy.
The Company is still waiting for additional sampling results from its 2020 exploration program. However, encouraged by results to date, the Company is already planning a larger, more defined sampling, mapping and prospecting program of the area for 2021. With recently unglaciated terrain, the area is mostly unexplored and has become very prospective for high-grade mineralization.

Dr. Dave R. Webb, Vice President, Exploration, comments on Thunderstruck, “As we search for extensions to our Black Dog Deposit, we have discovered a new area of high-grade mineralization that appears to have an epithermal signature similar to Pretium’s Brucejack deposit. There is an abundance of high-grade samples and veins in this area that has barely seen any exploration. With new VTEM data and geological mapping done in 2020, we are looking forward to advancing this target quickly, including a plan to drill it this year.

Gordon Lam, President and CEO of Etruscus further comments, “To say we are excited about these results is an understatement. We have now been able to strategically identify key areas for further exploration which we are confident will provide evidence of significant mineralization of high-grade silver and gold.”

These grab sample results by Etruscus Resources (ETR) are extremely exciting, and shareholders who invested will be particularly happy. The reduction in glacial cover has resulted in access to previously inaccessible mineralized zones. The results of the VTEM and the grab samples have us optimistic about the future of ETR, and we remain bullish on the stock.

For those who missed our report on ETR, you can find it by clicking here.

 

 

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