Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce that it is drilling the newly identified “Stardust” Target, located on the Company’s Rock & Roll Property in the Eskay Camp of Northwest B.C’s prolific Golden Triangle. Drilling plans have also been expanded, with pads at “The Wall” and “Angie” Targets being prepared.
Stardust is a large porphyry target with excellent IP and magnetic anomalies bordering Seabridge Gold’s property where they are currently drilling up to 8,000 meters at their Quartz Rise target (Click Here to View Map). Both targets have strong magnetic anomalies and associated IP responses. Seabridge Gold further describes the Quartz Rise as having geology “astonishingly similar to KSM” (NR July 16, 2020). Stardust was defined from a consolidation of the historical data with recent geophysical and geochemical data that has identified combined non-coincident magnetic, IP, resistivity, electromagnetic and geochemical anomalies.
- Second strongest IP response at Rock & Roll Property, adjacent to a resistivity anomaly and in close proximity to the largest and strongest magnetic anomaly in the area;
- A historic HLEM survey shows a multifrequency anomaly coincident with a portion of the IP anomaly;
- The biogeochemical survey completed in 2019 was supplemented recently to better define a 4 km by 1 km area with mercury, arsenic, bismuth, lead, copper, molybdenum and sulphur enrichment in barks near Stardust. Historic soil geochemistry shows elevated lead, zinc, copper, and gold anomalies along this same trend; and
- Field visits identified quartz monzonite and quartz diorite with disseminated pyrite and magnetite, together with significant bleaching, silicification and potassic alteration in the sedimentary and volcanic rocks nearby
Dr. Dave R. Webb, Vice President, Exploration summarizes Stardust as, “We have been exploring our property at “Brown Sugar”, “The Wall”, “Angie” and other targets for precious metals-rich VMS deposits similar to the Black Dog Zone, knowing that the district hosts some very rich deposits like those at Eskay Creek. We have also observed skarn zones, gold-rich quartz veins, and porphyry targets on the property. In particular, there is substantial potential for our Stardust porphyry target which has excellent IP and magnetic anomalies with positive pathfinder geochemical enrichments over a large area.”
Gordon Lam, CEO commented, “With the recent ground truthing and geophysical work we’ve completed, our team has identified a pad location and is testing this exciting new “Stardust” target. This could bring a new mineralizing system to our portfolio, complementing our existing gold-silver rich Black Dog Deposit.“
Etruscus Resources Corp. is a Vancouver-based exploration company focused on the development of its 100%-owned Rock & Roll and Sugar properties comprising 27,880 hectares near the past producing Snip mine in Northwest B.C.’s prolific Golden Triangle. Etruscus is traded under the symbol “ETR” on the Canadian Securities Exchange and “ERR” on the Frankfurt Stock Exchange and has 26,608,056 common shares issued and outstanding.
|Investor Relations Contact
Gordon Lam, CEO
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