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E-Tech Reverse Circulation Drilling Results Further Extends Rare Earths Footprint at Eureka

Reverse Circulation Drilling Results Further Extends Rare Earths Footprint at Eureka

Halifax, Nova Scotia–(Newsfile Corp. – October 26, 2022) – E-Tech Resources Inc. (TSXV: REE) (“E-Tech” or the “Corporation“) is pleased to announce new assay results from its most recent Reverse Circulation (“RC”) exploration drilling campaign. Results from this drilling program have successfully extended the current known mineralised zones with a number of wide, shallow and high-grade intersections reinforcing the size scalability of the Eureka REE deposit.

Highlights from the RC drilling include:

Zone 2:

  • Drill Hole ER042 intersected 2m at 2.8%TREO from 46m (including 1m at 4.8%TREO)
  • Drill Hole ER043 intersected 3m at 1.6%TREO from 14m (including 2m at 2.3%TREO)

Zone 3:

  • Drill Hole ER033 intersected 2m at 2.9%TREO from 8m
  • Drill Hole ER047 intersected 5m at 1.4%TREO from 5m (including 1m at 4.1% TREO)
    Drill Hole ER059 intersected 4m at 2.3%TREO from 57m (including 2m at 3.7% TREO)

Zone 4:

  • Drill Hole ER053 intersected 2m at 1.4%TREO from 9m

Jim Megann, Interim CEO commented, “The results of this RC drilling program give us further confidence on the expanded opportunity for Eureka. With the completion of this drilling campaign and the recent completion of our widespread radiometric, magnetic and mapping programs, our understanding of the geological characteristics of this deposit has significantly improved. This understanding has led to the identification of new areas of interest, which we expect to be drill testing soon. We continue to be encouraged by all our results to date and believe we are nearing an inflection point to unlock greater resource potential.”