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E-Tech Resources - Numus Financial

E-Tech Resources Inc. Announces Final Assay Results of Phase 1 Diamond Drilling Programme from its Eureka Project in Namibia

HALIFAX, NS March 17, 2022 – E-Tech Resources Inc. (TSX.V:REE, FSE:K2i) (“E-Tech” or the “Corporation”) is pleased to announce the final batch of assay results from the first diamond drilling campaign (“C1”) completed at the Eureka REE Project (“Eureka” or the “Project”), located in central Namibia. Significant intersections include 11.2m @ 1.2% Total Rare Earth Oxide (“TREO”) (ED013), 2.2m @ 2.4% TREO (ED014), 8.8m @ 1.0% TREO (ED015), and 6.3m @ 1.9% TREO (ED020). The results from these five holes, all of which intersected mineralisation, have continued to confirm the presence of mineralisation in Zones 1 and 3 at depth and with lateral continuity. Previous diamond drilling results were reported in the press releases dated 10 November 2021 and 10 February 2022.

Elbert Loois, CEO of E-Tech Resources Inc., commented:

“The assay results received to date confirm mineralization to the depth extent of present drilling and along strike between Zones 1 and 3. After receiving these latest assay results, we can now report that work on the update of the current Mineral Resource Estimate has commenced – starting with the resource block model – which is expected to be released in Q2 2022. Additional assay results from the second drilling campaign completed in February 2022 are pending.”