ETRUSCUS ADVANCES HENDRIX REE TARGET AT PHENO PROPERTY

About this update from Etruscus Resources Corp.

VANCOUVER, BC, Jan. 22, 2026 /CNW/ - Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the "Company" or "Etruscus") is pleased to report surface rock sampling results from its 2025 exploration program at the Hendrix Rare Earth Element ("REE") Target on the Pheno Property, located immediately to the north of the Company's 100%-owned Rock & Roll Property in British Columbia's prolific Golden Triangle. Highlights: Fiore Aliperti, Etruscus Resources' CEO stated, "The identification of multiple REE-bearing dikes at Pheno represents an important step forward in advancing this very large target. We are looking forward to returning in 2026 to expand on these results, refine our targeting, and continue evaluating this consistently mineralized, near surface target. With global demand for REEs continuing to increase and supply chains facing heightened geopolitical pressure, we believe exploration-stage REE opportunities in stable jurisdictions are becoming increasingly scarce and important," Rock Samples The Hendrix Target is a surface-exposed, REE-enriched bulk-tonnage target covering more than 5 km of horizontal extent. Sampling completed in 2025 has delineated zones of strong REE enrichment within vertically emplaced dikes ranging from approximately 0.5 to 4 m in width. These dikes have returned between 2,000 and 5,000 ppm TREO from rock grab samples, with a significant value derived from dysprosium, neodymium, and terbium. The dikes are hosted within REE-bearing peralkaline tuffs and rhyolites, defining a large volume of rock with elevated REE content and associated critical minerals, including niobium and scandium. Select samples were also analyzed by whole-rock geochemistry (major elements), supporting lithological classification and indicating a unique, highly evolved felsic system characterized by silica-rich compositions and elevated total alkalis. Geochemical interpretation identifies a positive relationship between Zr and TREO, suggesting that zirconium-bearing accessory phases—and potentially allanite, monazite, and apatite—may be key hosts or indicators associated with REE enrichment. Magmatic fractionation is interpreted to have played an important role in concentrating REEs, supported by systematic increases in TREO with fractionation indices (Rb/Sr and Zr/TiO₂). Petrographic work...

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