Regional scale gold anomalies outlined by Etruscan in Ghana



    TSX: EET

    HALIFAX, June 10 /CNW/ - Etruscan Resources Inc. reported on results from
geochemical surveys in southwestern Ghana that have identified several
kilometer scale gold anomalies in the Kumasi Sedimentary Basin along a
favourable trend that parallels the prolific Ashanti Volcanic Belt, within
20 kilometers of the 60 million ounce Obausi Mine. The surveys were carried
out over the 79 km2 Dominase ("Doe-min-ah-say") Reconnaissance Licence and the
204 km2 Kente ("Ken-tay") Reconnaissance Licence and comprise regional stream
sediment surveys on both permits, and wide spaced soil sampling on a
400 x 50 meter grid over Dominase. Soil sample results from Kente are pending.

    Don Burton, Vice President Corporate Development and COO stated:

    "These initial geochemical results are extremely encouraging and point
    towards the emergence of a new gold belt. The potential strike lengths
    being explored on Dominase and Kente are in excess of 30 kilometers and
    the anomalous trends are quite literally straddled by two of the most
    important gold belts in Ghana, with the 60 million ounce Obausi Mine
    sitting 20 kilometers to the southeast and the 3 million ounce Obotan
    Mine sitting 10 kilometers to the northwest of Kente. This exploration
    initiative is an excellent example of the potential rewards to
    shareholders that can be realized from a dedicated, systematic early
    stage regional program."

    Over 175 stream sediment samples were collected over both permits and
returned several highly anomalous results in excess of 0.5 grams per tonne
gold, to a maximum of 1.4 grams per tonne gold . Over 3,900 soil samples have
been collected on Dominase which have confirmed widespread gold anomalies with
several samples in the 0.5 - 5.0 grams per tonne range . Follow up soil
sampling over the anomalies at a nominal 200 x 50 meter spacing is proceeding
on Dominase, and the regional soil sampling on Kente is in progress.
    Etruscan has the option to acquire a 100% interest in the Dominase
Reconnaissance Licence from Union Minerals Prospecting Company Limited and to
acquire a 100% interest in the Kente Reconnaissance Licence from Ahuma Mining
and Construction Ltd.
    All stream samples are sieved to minus 120 mesh (0.125 millimeter) at the
sample site, under the supervision of Etruscan personnel and analyzed by
standard Aqua-Regia assay performed by Transworld Laboratory facility in
Tarkwa, Ghana. Soil sample preparations and standard Aqua Regia assays were
performed by ALS Laboratories, Kumasi, Ghana. During regional geochemistry
surveys Etruscan consistently employs a rigorous quality control and assurance
program comprising regular insertion of field duplicates. K. Kirk Woodman,
P.Geo., and Senior Project Geologist is the Qualified Person overseeing
Etruscan's exploration gold projects in West Africa and has reviewed 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 gold mine development
projects include the Youga Gold Project in Burkina Faso (latest press release
June 5, 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 January 7, 2008). Advanced and early stage exploration projects
are on-going in Burkina Faso, Mali, Côte d'Ivoire; Ghana and Namibia (see
press dated November 12, 2007). Etruscan also has a 53.7% interest in Etruscan
Diamonds Limited which has a dominant land position in the Ventersdorp Diamond
District located in South Africa where it is developing the Blue Gum Diamond
Project (press release dated March 12, 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, (877)
465-3674, Fax (902) 832-6702, rgordon@etruscan.com

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ETRUSCAN RESOURCES INC.

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