The Program was designed to both identify new targets and help prioritize previously discovered showings by past operator Noranda Resources. The Program included a total of 1,922 soil samples, 60 rock samples and over 100 geological mapping points. As a result, the Company's exploration efforts have identified several new high-grade gold targets. These targets will be further assessed with a geophysical induced-polarization and magnetics survey ('IP' or 'IP Survey') this spring, with a goal of defining drill targets for the upcoming 2022 drill program.
Soil Sample Program
The 2021 soil program sought to expand the areas of previously identified gold anomalies beyond the scope of the historical data which focused on the central portion of the Property. Assay results from 2021 have successfully defined several areas outside of the historic work that show anomalous gold-arsenic-antimony soil geochemistry which are defined as between 5 and 282 ppb Au, between 80 to 4,840 ppm As and between 4 to 107 ppm Sb. Many of these anomalies follow trends observed in the historical data and as such have greatly expanded the number of prospective gold targets on the Property. The multi-element soil anomalies coincide with both north-easterly striking magnetic lows and the NNW striking Mt. Peyton Linear. In addition, the northeast striking Corsair Trend has now been extended by over 60% to 3.3 km in length. To date this trend has been lightly drill tested with only four shallow historic holes drilled, all of which intercepted anomalous gold.
Rock Sample Program
Selective rock sampling on the Property in 2021 returned excellent values for gold with 20 of the 60 rock samples returning greater than 1 g/t Au and 5 samples returning greater than 10 g/t Au. An additional 11 samples assayed between 0.1 and 1 g/t Au. Highlights from this sampling include a historic trench that was never drill tested returning 3 rock samples (out of 6) that all assayed above 20 g/t Au as well as another untested historic trench that revealed a 10 cm thick arsenopyrite-stibnite-quartz vein that returned 10.35 g/t Au (Click here to View Image). These samples were collected mainly from the central area of the Property and are from quartz-arsenopyrite-stibnite-pyrite veins and quartz-sericite-pyrite alteration zones. Outcrop is limited in the area to less than 1%, and as a result, 22 samples are from outcrop and the remaining 38 samples are angular floats which appear to be local.
The combined 2021 soil results and historical soil data has produced a data set that significantly narrows the areas of interest where Etruscus will be focussing its 2022 exploration program efforts. Due to unaltered intrusive background rocks, it is expected that gold-arsenic-antimony mineralized veins along with pyritic alteration haloes will be easily identified with the chargeability data in the upcoming
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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Email: info@etruscusresources.com
Web: www.etruscusresources.com
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