Etruscan's Youga Gold Mine produces over 6,500 ounces in September



    HALIFAX, Oct. 8 /CNW/ - Etruscan Resources Inc. (EET.TSX) reported today
that its Youga Gold Mine located in Burkina Faso, West Africa poured in excess
of 6,500 ounces of gold in the month of September representing 98% of the
design output of 6,700 ounces per month. With the Youga Mine now stabilizing,
Etruscan is focusing its attention on optimizing the operation and increasing
production. Etruscan has recently retained the services of the Jamieson Group
(www.jamiesonconsulting.com.au), a leading operational improvement firm
specializing in mining operations, to assist in identifying areas where
productivity improvements can be made.

    The production statistics for the third quarter 2008 and the month of
September follow:

    
    -------------------------------------------------------------------------
                                                     Q3 2008
                                                     -------
                                              June to August     September(*)
                                              --------------     ------------
    -------------------------------------------------------------------------
    Tonnes Milled                                    183,851        74,976
    -------------------------------------------------------------------------
    Head Grade (g/t)                                    2.43          3.51
    -------------------------------------------------------------------------
    Gold Poured (oz)                                  11,790         6,572
    -------------------------------------------------------------------------

    (*) Note: Production numbers are preliminary and are subject to final
        adjustments
    

    Mining is currently being carried out from two pits: the A2 Main and the
West Pit Zone 1. The West Zone 1 pit is a higher grade, low strip orebody
which started production in August and will continue to allow for the steady
improvement of gold production over the coming months.
    The Youga Gold Project is comprised of open pit mining from five pits
with the ore being processed though a conventional CIL/gravity plant having a
design capacity of one million tonnes per annum. Mineable reserves are
6.6 million tonnes with an average grade of 2.7 grams per tonne containing
580,000 ounces of gold. The project benefits from a year-round water supply
from a nearby major river system (the White Volta) and access to grid power
supplied via the northern grid of the Volta River Authority in Ghana is
forecast for fourth quarter 2008. The current diesel powered generator system
will then act as a back-up power plant to ensure constant power to the site.
The Youga facility has been designed for maximum operating availability and in
particular, the mill drive system was supplied new with a second new drive
train (motor and gearbox) being stocked on site as a spare.

    Robert Harris, P.Eng., Vice President of Operations of Etruscan, is the
Qualified Person overseeing production and development in West Africa and
South Africa and has reviewed and approved this press release.

    About Etruscan Resources Inc.

    Etruscan Resources Inc. is a gold focused Canadian junior mining company
with dominant land positions in district scale gold belts covering more than
13,000 square kilometers in West Africa. Its principal mine development
projects include the Youga Gold Project in Burkina Faso (latest press release
dated August 20, 2008), the Agbaou Gold Project in Côte d'Ivoire (latest press
release dated February 21, 2008), and the Finkolo Gold Project in Mali (latest
press release dated July 2, 2008). Advanced and early stage exploration
projects are on-going in Burkina Faso, Mali, Côte d'Ivoire, Ghana (see press
release dated June 10, 2008) and Namibia (see press release dated June 19,
2008). See press release dated May 6, 2008 for a comprehensive update of
explorations projects. Etruscan also has a 52.1% interest in Etruscan Diamonds
Limited which has a dominant land position in the Ventersdorp Diamond District
located in South Africa. (latest press release dated September 11, 2008). The
common shares of Etruscan are traded on the TSX Exchange under the symbol
"EET". More extensive information on Etruscan can be found on its home page at
http://www.etruscan.com

    This press release may contain certain forward-looking statements which
involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Forward-looking
statements may include statements regarding exploration results and budgets,
mineral reserve and resource estimates, work programs, capital expenditures,
mine operating costs, production targets and timetables, future commercial
production, strategic plans, market price of precious metals or other
statements that are not statements of fact. Although the Company believes the
expectations reflected in such forward-looking statements are reasonable, it
can give no assurance that such expectations will prove to have been correct.
Various factors that may affect future results include, but are not limited
to: fluctuations in market prices of precious metals; foreign currency
exchange fluctuations; risks relating to mining exploration and development
including reserve estimation and costs and timing of commercial production;
requirements for additional financing; political and regulatory risks, and
other risks and uncertainties described in the Company's annual information
form filed with the Canadian Securities regulators on SEDAR (www.sedar.com).
Accordingly, readers should not place undue reliance on forward-looking
statements.

    NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS
    RELEASE




For further information:

For further information: Richard Gordon, Investor Relations,
rgordon@etruscan.com, (877) 465-3674, Fax (902) 832-6702

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ETRUSCAN RESOURCES INC.

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