Exploration Highlights
- The recently completed
IP Survey has identified a north and a northeast striking set of highly chargeable structures on the Lewis Property outlining multiple targets within each structure (Click Here to View Plan Map); - Multiple high-grade rock samples (>20 g/t Au) along with gold, arsenic and antimony soil anomalies are shown to overlap with the chargeable structures;
- Historically, only four short drill holes have tested the 4.6 km strike length of these highly chargeable structures, all of which returned anomalous gold (Click Here to View Section); and
- Following the results of the
IP Survey , the Etruscus geological team can now confidently label at least four high priority drill ready targets and has begun designing a drill plan to efficiently test them.
A total of 30 line-km of IP was completed to expand upon an historical IP survey and focused on areas with favourable magnetic trends and anomalous results from soil sampling done in 2021. This new
Four short historical drill holes tested the high chargeability structural trends which total ~4.6 km of combined strike length, all of which intersected several gold mineralized veins and alteration zones. Highlights from these drill holes returned a high of 7.6 g/t Au over 0.2 m and numerous veins or alteration zones returned grades of 0.25 to 2.0 g/t Au over 0.2 to 5.1 m in width. Most of these historic holes failed to intercept the highest chargeability zones and the strongest geochemical, geological, and geophysical anomalies remain untested. In addition, the historic drill holes never encountered gold grades similar to those collected at surface which returned multiple assays between 10 to 25 g/t Au, suggesting that the higher grade, sulphide rich mineralization was likely missed in those historic holes.
The Company, having completed significant surface exploration over the last two summers, has confirmed multiple overlapping geochemical and geophysical anomalies and plans to drill these targets in early 2023.
Etruscus is traded under the symbol "ETR" on the Canadian Securities Exchange, "ETRUF" on the OTC and "ERR" on the
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SOURCE
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