Etruscan Resources





Etruscan is uniquely positioned for growth in Africa having operated on that continent for over 14 years. Etruscan has a growing gold production profile from three properties (Youga, Burkina Faso, Agbaou, Côte d'Ivoire and Finkolo, Mali). This production is only the beginning of the Etruscan story. Etruscan holds strategic land packages in West Africa on a number of known gold belts covering over 8,000 km2 in four countries. This package represents one of the largest and most diversified land packages held by any company operating in West Africa with only a small fraction of the holdings presently being developed.
West Africa - Significant Opportunity Exists


property map

Reserves and Resources
Updated as of December 31, 2009

Project Reserves (oz) Gold Resources (oz)
(Inclusive of Reserves)
Lower
Proven
& Probable
Price (USD) Measured
& Indicated
Inferred Cutoff
Youga1 474,000 US$700 709,000 111,000 0.5 g/t
Total Attributable - 90% 427,000   638,000 100,000  
           
Agbaou2 731,000 US$1,000 1,015,000 272,000 0.5 g/t
Total Attributable - 85% 621,000   863,000 231,000  
           
Finkolo3 NA   687,000 301,000 0.5 g/t
Total Attributable - 40% NA   275,000 120,000  
           
Youga Satellites4,5 NA   128,000 62,000 0.5 g/t
Total Attributable - 90% NA   115,000 56,000  
           
Ouare6 NA   NA 323,000 0.5 g/t
Total Attributable - 90% NA     291,000  
           
Total 1,205,000   2,539,000 1,069,000  
Total Attributable 1,047,950   1,891,000 798,000  
           
1 Youga Mining Study - October 2006 Update, Youga Gold Project, Burkina Faso, West Africa, dated October 2006, prepared by RSG Global (Pty) Ltd. and MDM Ferroman (Pty) Ltd. dated May 2009, updated by Etruscan as of December 2009

2 Feasibility Study Report on the Agbaou Gold Project, Cote d'Ivoire, West Africa for Etruscan Resources Inc, dated November 2008, prepared by MDM Engineering International Ltd. and Coffey Mining Pty Ltd. updated by MDM Engineering International Ltd., September 2009

3 Technical Report, Tabakoroni Gold Deposit, Mali, West Africa, dated July 31, 2009 prepared by K. Kirk Woodman, P. Geo.

4 Nanga Deposit, Etruscan Internal Resource Estimate, dated May 2008, prepared by A. Mouton, P.Geo.

5 Tail Deposit, Etruscan Internal Resource Estimate, dated November 2008, prepared by A. Mouton, P.Geo.

6 Ouare Deposit, Etruscan Internal Resource Estimate, dated September 2008, prepared by A. Mouton, P.Geo.  


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