Etruscus Resources Corp. announced additional staking at the Company's 100% owned Rock & Roll Property located in the prolific Golden Triangle in northwestern British Columbia, Canada. Adjacent to the Rock & Roll property, the 16 contiguous "Pheno" claims were staked following a technical review of a government rock sampling program that had taken place over the prospective terrain in 2012.

The historic results from the program produced elevated rare earth element (or "REE") assays that are comparable to known REE deposits in North America. Highlights: The newly staked Pheno claims cover an area of approximately 5 km x 14 km and were staked due to highly anomalous REE tenors returned from random rock sampling during a program of BC government reconnaissance mapping. Rhyolites sampled on the Pheno claims returned assays comparable to the inferred resource grades at Round Top Mountain, a bulk-tonnage REE deposit in Texas, USA.

Staking costs and existing infrastructure provide an efficient way to add this critical mineral opportunity to the Company; and The contiguous nature of the Pheno claims allows to concurrently work on advancing key Rock & Roll targets for gold, copper and molybdenum. comparison of Round Top Resource Grade with the five most anomalous rock samples from the Pheno claims. The 4REEs used for comparison are of high importance due to their demand in electronics and green energy production. This comparison is to illustrate the significance of REE analytical values from a small number of individual rock samples collected on the Pheno Claims and does not suggest the claims have been shown to contain resources of these grades nor that mineralogy is similar to those described in the Round Top Mountain PEA.

In 2011, the BC geological survey took 18 rock samples across an area that sits within the new claim group. The purpose of this sampling program was the classification of various volcanic and hypabyssal rocks found in the area. Geochemical assays revealed significantly elevated REEs taken from Neogene peralkaline volcanic rocks with a number of the samples returning between 0.1% total rare earth oxide (or "TREO") and 0.36% TREO.

Elevated samples were mainly taken from rhyolite and the related quartz-feldspar-porphyry dikes that are likely coeval with the rhyolite volcanism. The Potential Peralkaline rhyolite rocks, like the ones identified at the Pheno claims, are a relatively new exploration target for REEs and provides a much larger area of prospective ground when compared to the smaller and more common carbonatite hosted REE deposit. Etruscus is excited to be the first company to explore such a large, prospective package of rocks with highly anomalous REE tenor.

The author of the paper from which the original information is sourced states, "For random samples collected over a ~20 km2 area, with no expectation of elevated REEs, the analyses are encouraging, and further sampling is warranted". (Zagorevski, 2013). As yet, this area has seen no such sampling.

2023 Exploration Season: The team is planning a late season exploration program to complete a first pass rock sampling program across the Pheno claims. The Company would also like to complete IP lines at the Discovery Target as well as follow up work on the newly emerging Kashmir and Heather targets. The initial induced polarization ("IP") survey from 2022 has demonstrated a large chargeability anomaly at the Discovery Target that sits within the Discovery Target that sits in Texas, USA.