- Three rock samples taken at Heather have identified a new polymetallic quartz carbonate vein averaging 2.92 g/t Au, 2,014 g/t Ag, 0.45% Cu, 4.1% Pb, and 7.0% Zn. Further rock sampling 200 m away returned 36.6 g/t Au in a quartz vein;
- Two chargeability anomalies have been identified below the Heather, where a 300 m gold, copper, molybdenum soil anomaly was discovered in 2021;
- A new molybdenum-copper porphyry showing named "Kashmir" has been identified with grades up to 0.86% Mo. Abundant Mo-Cu quartz veining in boulders located 2 km downstream suggests a larger footprint, possibly below vegetative and till cover; and
- 50 m east of the
Kashmir showing, a float rock sample assayed 51.3 g/t Au, possibly representing additional gold mineralization peripheral to the showing that has yet to be identified in outcrop.
During the 2022 exploration program, a total of 128 soil samples and 70 rock samples were taken across the Property along with geological mapping and prospecting. This was in conjunction with a 14.25 line-km
Results from the 3.75 line-km
During geological mapping of the Heather target, the team identified a new high grade quartz carbonate vein measuring at least 20 cm in width although pervasive alteration peripheral to the vein suggests an overall larger system. This vein, sampled in three separate points approximately 2 m apart, returned highly anomalous values in gold, silver, copper, lead, and zinc as well as other gold pathfinder elements. Of the three samples taken, the average grade was 2.92 g/t Au, 2,014 g/t Ag 0.45% Cu, 4.1% Pb, 7.0% Zn. Over 200 m to the southeast of this showing, a rock sample was taken from a quartz vein and returned 36.6 g/t Au. Both highly anomalous geochemical samples occur along the edge of the chargeable bodies and the team will be able to use this correlation to target further mineralization in upcoming programs.
A new molybdenum-copper porphyry has also been identified on an unexplored part of the Property. The "Kashmir" showing occurs on a large gossanous bluff above a talus slope in an area that has seen no previous work (See figure 2 – Property map below). The geological team identified a monzonitic intrusion measuring approximately 50 m across although it remains open in multiple directions. This intrusion contains mm to cm quartz veins and quartz vein stockwork with blebby molybdenum and malachite staining. A total of 18 rock samples were collected within the vicinity of this showing and although attention was paid to the high-grade veins, a number of samples were also taken of the host rock adjacent to the veins. Of the 18 rock samples, average molybdenum grades were 0.18% with samples as high as 0.86% Mo returned. In addition, rock sampling of creek boulders more than 2 km downstream show abundant Mo-Cu quartz veins suggesting either the
Just 50 m away from the
THE POTENTIAL
Reconnaissance sampling at
Planned 2023 Work
Etruscus has now received all results from the 2022 exploration season at the Rock & Roll Property and has already confirmed a number of strong drill targets. Further IP lines may be necessary to outline the full size of the significant Zappa anomaly at the Discovery area as well as lines to the west of the Heather IP grid as the upper and lower anomalies remain open to the west. The geological team plans to mobilize early this summer to begin further IP work and identify precise drill targets at both the Heather and the Discovery targets. This work will commence following the planned drill program in
Qualified Person
Technical aspects of this news release have been reviewed and approved by
About Etruscus
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