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Etruscus Resources Corp.
Summary
| Project: | Rock and Roll | |
|---|---|---|
| Deposit: | Rock and Roll | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 12/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-12-2018: Etruscus Resources Corp. announces a Resource Estimation report for its Rock and Roll deposit at the Rock and Roll project. Updated mineral resource estimation at the project. SGS Canada Inc. (“SGS”) was contracted by Etruscus Resources Corp. | |
| Resources: | (Resource, Inf.): 2.015Mt @ 2.63g/t AuEq. at project | |
| CP/QP: | [Resources]: Allan Armitage (SGS Canada Inc.) | |
| ABSTRACT: | SGS Canada Inc. (“SGS”) was contracted by Etruscus Resources Corp. (“Etruscus”) to complete an updated National Instrument 43-101 ("NI 43-101") Technical Report for the Rock and Roll Property (the “Property”) in northwestern British Columbia, Canada. A technical report on the Property was originally written by Murray Jones, Allan Armitage and Joe Campbell in 2011 (Jones et al., 2011) and was titled “Technical Report on the Rock and Roll Property, northwestern British Columbia, Canada”, dated February 23rd, 2011. The original report was written for Pacific Northwest Capital Corp. ("PFN"), now New Age Metals Inc. (“NAM”) (see news release dated January 31st, 2017 and posted on SEDAR). On July 28, 2009, PFN obtained an option from Misty Creek Ventures Ltd. (Misty Creek Ventures Ltd. was dissolved in January 2010 and its interest was transferred to Equity Exploration Consultants Ltd. (Equity), First Fiscal Enterprises Ltd. and Pamicon Developments Ltd. (collectively, the “Vendors”) on the Property (see section 4 below for details). On the 19th of June 2012, PFN terminated the option agreement with the Vendors related to the Property (see news release dated June 27th, 2012, poster on SEDAR under NAM’s profile). On March 12, 2018, Etruscus has purchased a 100% interest in fourteen contiguous MTO mineral claims of the Property for a total of 4,723.29 hectares (11,671.5 acres). Etruscus acquired three additional contiguous MTO mineral claims totaling 585.72 hectares (1447.35 acres) on June 12, 2018, and is seeking to get listed on the Canadian Securities Exchange (CSE). The current technical report is to be filed with an application by Etruscus for a listing on the CSE and the report will be used by Etruscus in partial fulfillment of their continuing disclosure requirements under Canadian securities laws, including National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).The effective date of this report is August 3rd, 2018. | |
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