Daily Newsletter

12 September 2024

Daily Newsletter

12 September 2024

Etruscus begins exploration at Canada’s Golden Triangle property

The exploration will concentrate on the Discovery Target, aiming to uncover a significant copper-gold porphyry system.

Archana Rani September 12 2024

Etruscus Resources has initiated its 2024 exploration programme at the Rock & Roll Property in the Golden Triangle of north-western British Columbia, Canada.

This exploration will concentrate on the Discovery Target, aiming to uncover a significant copper-gold porphyry system.

The 2024 field programme will build on previous findings, with an induced polarisation survey extending the surveyed area to 1.1km.

Etruscus said that the Discovery Target, which has never been drilled, exhibits a 1.1km KSP alteration mapped at the surface and an open-ended chargeability anomaly below. The team's objective is to determine the most promising drill site.

Additional fieldwork will target the Heather and Kashmir showings.

This exploration programme will also extend to the adjoining Pheno Claims, capitalising on the potential for critical metal discovery. Rare earth elements identified in 2012 have yet to be followed up on.

The team plans extensive rock sampling and geological mapping to assess the size potential of pera-alkaline rhyolite host rocks and explore for alkalic porphyry systems, similar to those found near Galore Creek.

The company has completed the first tranche of its non-brokered private placement, subject to final CSE Exchange clearance.

Etruscus CEO Fiore Aliperti said: “Against the challenge of raising capital, we are encouraged by the unwavering support of our existing shareholders, who, as always, share our goal of discovery in the Golden Triangle.

“Our primary focus for this programme will be on the Discovery target with a goal of significantly expanding its size with an extended geophysical survey to the east of the open anomaly. This will help delineate a location for future drill programmes with the best chance of success. We are also excited about our initial exploration for rare earth elements on the Pheno claims.

“These underexplored claims not only provide opportunity for critical metals but also provide potential for new alkalic porphyries, like the Galore Creek deposit located 25km to the north-west owned by Teck and Newmont.”

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