VANCOUVER, March 7, 2019 /CNW/ - Etruscus Resources Corp. (CSE: ETR) ("Etruscus" or the "Company") and the Tahltan Central Government ("TCG") are pleased to announce the signing of a Communications Agreement (the "Agreement") covering the Company's 100% owned Rock & Roll Property located within the prolific Golden Triangle in northwest BC.
The TCG is the representative government of the Tahltan Nation in respect of inherent Aboriginal title and rights. The TCG is responsible for the ecosystem and natural resources of Tahltan Territory, for managing sustainable economic development, and for strengthening the cultural wellness of the Tahltan Nation.
The Agreement provides a framework for a collaborative working environment between the parties, based on open dialogue, transparent communications and mutual cooperation with regards to the company's exploration activities on the Rock & Roll Property. The Agreement also provides cultural, economic and educational opportunities for Tahltan members and their business enterprises.
Gordon Lam, Etruscus President and CEO, commented, "We are pleased to have signed a Communications Agreement with the Tahltan Nation. By establishing this important relationship prior to our 2019 Rock & Roll exploration program, Etruscus is better positioned to make plans that align both parties' interests while moving our project forward in a mutually beneficial manner."
For further information on Etruscus Resources Corp. and to view previous news releases, please visit the Company's website: www.etruscusresources.com.
About the Tahltan Nation
Tahltan Territory is 95,933 square km or the equivalent of 11% of British Columbia. The territory is rich in natural resources and continues to garner international attention for its mineral and potential and abundant wildlife.
That Tahltan population is approximately 4000 members. Approximately 800 members live in one of our three communities in Tahltan Territory – Dease Lake, Iskut, and Telegraph Creek. Around 3200 Tahltans reside outside the Territory.
The Tahltan Central Government is a registered British Columbia Society, governed by a 13-person Board of Directors consisting of a democratically elected Executive Committee (President, Vice-President, and Secretary Treasurer) and 10 Family Representatives elected by the respective Tahtan family group. Membership in the TCG is open to all people of Tahltan ancestry. For more information, visit www.tahltan.org
About the Rock & Roll Property
The 100% owned 5,309 hectare Rock & Roll Property is located approximately 75 km north of Stewart, B.C., in the heart of the prolific Golden Triangle. The eastern border of the Rock & Roll property is contiguous to Seabridge Gold's Iskut Project and lays 7 km to the west of Skeena Resources' past producing Snip Mine.
Etruscus Resources Corp. is a Vancouver-based exploration company focused on the development of its 100%-owned Rock & Roll Property situated in northwest British Columbia's prolific Golden Triangle. Etruscus trades under the symbol ETR on the Canadian Securities Exchange and currently has 19,394,001 shares issued and outstanding.
On behalf of the Board of Directors:
/s/ "Gordon Lam"
Chief Executive Officer, President and Director
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This Press Release may contain statements which constitute 'forward-looking' statements, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including quarterly and annual Management's Discussion and Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as intended, planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
SOURCE Etruscus Resources Corp.
For further information: Tel: 604-336-9088, Email: [email protected], Web: www.etruscusresources.com