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HALIFAX, NOVA SCOTIA – (Newsfile Corp. – May 29, 2023) – E-Tech Resources Inc. (“E-Tech“ or the “Company“) (TSX-V:REE) (FSE: K2I) announces the preliminary pXRF drilling results1 for the Adder Target. These results confirm a discovery zone with the presence of REE mineralization confirmed in multiple zones in a drill hole correlating with REE mineralization identified on surface. Mineralization remains open at depth and along strike. 

Jim Megann, CEO of E-Tech commented, “These results are part of the extended exploration that has been ongoing on one of the 17 targets identified across our Eureka REE project license area, EPL-6762. Our comprehensive program has included the lab analysis of rock chip grab samples and a closely-spaced in-situ soil pXRF survey on the Adder Target, which has led to the confirmation of the presence of REE mineralization outside the well-known Zones 1, 2, 3, and 4. The preliminary pXRF results1 from our latest RC drill hole on the Adder Target, ER065, are particularly encouraging, as they further substantiate our observations and results from the detailed geological mapping and geochemical soil pXRF surveys. We have now discovered a new zone of mineralization and our next steps will be to further drill test and define its extent. These results1 are a positive affirmation that our targeting strategy is effective, and we are eager to continue exploration on the newly acquired property to establish if these results continue throughout the Eureka Dome.”