E-Tech Resources Commences Trenching at Its Rare Earth Eureka Tenement in Namibia and Confirms New Rare Earth Prospects
Halifax, Nova Scotia – (Newsfile Corp. February 26, 2024) – E-Tech Resources Inc. (TSXV: REE) (FSE:K2i) (“E-Tech” or the “Company“) is pleased to announce that its trenching program on the 100%-owned Eureka project on Exclusive Prospecting License (“EPL”) 6762 in Namibia has commenced.
The main objective of the trenching program is to test new targets identified by the 2023 regional soil geochemical survey. Further, trenching is planned in a way to better define the orientation and structural setting of mineralized zones prior to starting a proposed drilling campaign. The program was initiated on February 22. As of February 26, 10 trenches for a total of approximately 400 m were dug and all have intercepted multiple zones of monazite mineralization.
“We continue to pursue a methodical and systematic exploration strategy as we advance our understanding of the Eureka property and identify new high-priority drill targets,” said CEO Todd Burlingame. “Our initial focus is to test new targets on a regional scale identified through the 2023 exploration program and use the results to further refine our targeting methodology prior to finalizing a proposed drill program. Visual inspection shows the presence of rare earth mineralization in the form of monazite bearing calc-silicate mineralization similar to those found in the discovery zones in trenches in targets located outside of the original Eureka Central Prospect, thus supporting the new geological concept.”
