11:04 AM EDT, 06/19/2024 (MT Newswires) -- Etruscus Resources ( ETRUF ) said Wednesday that it plans to focus on two high-priority drill-ready targets and several advanced prospects at its flagship Rock & Roll Property in the Golden Triangle in northwestern British Columbia, Canada.
"Our highest priority for the 2024 season is the Discovery Target, which showcases all the essential elements for a major porphyry discovery," Stephen Wetherup, vice president of exploration at Etruscus, said. "With 1.1 km of QSP alteration, a 600 meter chargeability anomaly, and the correct host stratigraphy, we have a very promising drill ready target in a geological terrain recognised world-wide for massive porphyry discoveries."
He added," As we refocus our efforts in the Golden Triangle, we are excited by the number of targets that we have developed through three diligent years of exploration on the Property. With major companies staking new ground around us, announcing substantial work programs in the area, and new exploration trends being identified, the Rock & Roll holds great exploration potential in a region with a record of producing billion-dollar discoveries."
Other 2024 exploration targets are the Heather Target, Kashmir, and Pheno Target, the company said.
The company's stock was down 11.1% on last look, but still at the higher end of its 52 week trading range, on Wednesday.
Price: 0.12, Change: -0.02, Percent Change: -11.11