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E-Tech Resources - Numus Financial

E-Tech Resources Inc. Provides a Project Update on its 100% Owned Eureka Rare Earths Project in Namibia

HALIFAX, NS February 1, 2022 – E-Tech Resources Inc. (TSX.V:REE, FSE:K2i) (“E-Tech” or the “Corporation”) is pleased to provide an update on its exploration work on E-Tech’s Eureka Rare Earth Elements (REE) Project. This fully funded exploration program will support further resource definition as well as mineralogical and metallurgical test work.

The Project has sound project fundamentals because of its favorable geology, simplistic ore beneficiation and proximity to infrastructure. The Project is situated in the heart of the Erongo Region of Namibia, the “mining corridor of Namibia”, and is favorably located within 2km of the Trans-Kalahari tarmac highway, which provides tarred road links between the Namibian port of Walvis Bay on the Atlantic coast and Namibia’s capital city Windhoek. Neighboring mines include Rossing Uranium and Navachab Gold.

The corporation’s exploration program is geared towards fast-tracking exploration and development study work leading to the publication of an updated NI 43-101 compliant mineral resource estimate (MRE).

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

“We are pleased with advancing the Eureka Project and have a unique opportunity to build value at Eureka through further exploration and development work during an exciting time in the REE market. The Corporation is well poised to execute on its work plans with a strong technical team supported by strong management and our experienced Board.”