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E-Tech Resources - Numus Financial

E-Tech Resources Inc. Signs a Letter of Intent with SRC to Collaborate on Rare Earth Cracking and Separation

HALIFAX, NS – March 15th, 2022 – E-Tech Resources Inc. (TSX.V:REE, FSE:K2i) (“E-Tech”) announces the signing of a non-binding Letter of Intent with the Saskatchewan Research Council (“SRC”). The parties intend to cooperate in the sourcing of Monazite Concentrate, test work and pilot scale hydrometallurgy to produce a mixed rare earth carbonate/chloride and rare earth oxide separation, all originating from the Eureka monazite mineral project in Namibia.

Elbert Loois, CEO of E-Tech Resources, comments:
E-Tech is pleased to have selected SRC as a potential processing provider for Eureka’s rare earth cracking and separation, based on its decades of experience in concentration and separation technologies of Rare Earths Elements (REE) from various minerals. This Letter of Intent is an important milestone in our gradual development towards a tested and saleable product to industrial specifications.