Etruscus Resources (CSE: ETR; OTC: ETRUF; FSE: ERR) released results of its initial drill program at its Lewis property in Newfoundland. All eight drill holes intercepted near surface anomalous gold with the highest grades encountered in the 1.4 km long Corsair gold trend.
Results include MP23-03 drilling 1.3 g/t gold over 17.3 metres, including 3.0 g/t gold over 4.9 metres. MP23-04, located 120 metres northeast of hole MP23-03, intercepted 1.2 g/t gold over 11.4 metres, including 3.4 g/t gold over 2.5 metres. This is interpreted to be the same zone as encountered in hole MP23-03 representing potential for gold mineralization between the two holes.
Stephen Wetherup, VP of exploration, said, “With all drill holes hitting near surface gold mineralization, the assays from our first ever drilling program in Newfoundland are a fantastic start to the development of this project.”
Etruscus plans a second phase of drilling to advance on the approximately 1,000 metres drilled to date.
The property is road accessible and is situated 5.0 kms south of the Trans Canada Highway in the Gander Gold Belt, approximately 10 kms west of New Found Gold’s Keats Zone discovery.
For more information, visit www.EtruscusResources.com.
