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E-Tech Resources Inc. Reports High-Grade Diamond Drill Intercepts up to 100 Meters Below Current Resource, Including 6.5% TREO over 4 Meters at Its 100% Owned Eureka Project in Namibia
Halifax, Nova Scotia--(Newsfile Corp. - November 10, 2021) - E-Tech Resources Inc. (TSXV: REE)...
About this update from Reexploration Inc.
[{"type":"text","content":"E-Tech Resources Inc. Reports High-Grade Diamond Drill Intercepts up to 100 Meters Below Current Resource, Including 6.5% TREO over 4 Meters at Its 100% Owned Eureka Project in NamibiaHalifax, Nova Scotia--(Newsfile Corp. - November 10, 2021) - E-Tech Resources Inc. (TSXV: REE) (\"E-Tech\" or the \"Company\") is pleased to announce assay results for the first step-out diamond drill holes completed at the Eureka REE Project (\"Eureka\" or the \"Project\"), located in central Namibia.Highlights of the seven drill holes which intersected mineralization include:Drill Hole ED001: 2.1 % TREO over 2.0 meters from 219.0 metersDrill Hole ED002: 1.6 % TREO over 2.2 meters from 140.7 metersDrill Hole ED003: 2.6 % TREO over 1.0 meters from 146.0 metersDrill Hole ED004: 6.5 % TREO over 3.8 meters, including 11.2 % TREO over 2.2 meters, from 129.9 metersDrill Hole ED006: 1.4 % TREO over 1.5 meters, including 3.5 % TREO over 0.6 meters, from 288.8 metersDrill Hole ED007: 2.5 % TREO over 1 meter, from 94.2 mA summary of the assay results received from the seven (7) diamond drill holes completed at Eureka is provided in Table 1. Elbert Loois, CEO of E-Tech Resources Inc., commented, \"The assay results received to date reveal an extension of the mineralization outside of the current resource estimate in several monazite bearing carbonatitic dykes. These results confirm the presence of these dykes to 160 meters vertical depth, while remaining open at depth and along strike. We plan to continue drilling as soon as possible. I congratulate the team with hitting the targets of the first 7 holes of this diamond drilling campaign, and we await assay results from the remaining 13 holes that have been drilled so far.\"The drill holes are part of the Phase 1 resource expansion program across Zones 1, 2 and 3 which was completed in late September 2021 totaling 5,761 meters of diamond drilling (DD) in 20 holes. The assays reported are from seven of the twenty holes drilled. Figure 1 below indicates assays to date in colored dots and assays awaited are shown in white dots. The Company also completed a Reverse Circulation (RC) drilling campaign in February 2021 totally 3306 meters in 23 holes with a total of an additional 1465 samples. The positioning of the Phase 1 diamond drilling together with the additional RC drilling is displayed in Table 2 below.FIGUR...