Etruscus Resources Corp. announced its 2023 drill program (the ‘Program') has commenced at the Company's Lewis Property (or ‘Property'). The Property is road accessible and is located 5 km south of the Trans Canada Highway in the Gander Gold Belt, approximately 10 km west of New Found Gold's Keats Zone discovery in Newfoundland.

The geological team arrived last week and has quickly established core cutting and staging areas along with conducting ground truthing to confirm collar locations for the entire Program. Drilling is now underway. Highlights: Previous geochemical and geophysical programs have identified two highly chargeable structures on the Property, one north and one northeast striking, these structures have provided high priority targets for the Company's inaugural drill Program; Up to 2,000 m of drilling will be executed over 10 to 15 holes, with a focus on four high priority target areas in the center of the Property; Historically, only four short test holes were drilled over the 4.6 km strike length, none of which tested the areas of chargeability confirmed in a recent IP Survey; and The geological team arrived last week to establish core cutting and staging areas and confirm drill collar locations along with ground truthing the high priority target areas.

The current drill program is designed to test numerous chargeable zones, targeting where coincident anomalous Au-As-Sb soils occur and where high Au mineralization was indicated in rock surface samples. Due to the numerous trails on the Property, drill access is excellent. The Program will be able to test as many points along the chargeable structures as possible to overcome the lack of outcrop on the Property.

All holes will be utilizing oriented core to allow the team to better interpret the geophysical data and to target structural intersections where wider and better mineralized portions of the structures are expected to be located.