Canadian mining company E-Tech Resources has raised $600,000 through a private placement to fund its rare earths exploration activities in Namibia.
The capital will support ongoing exploration activities at the Eureka Rare Earths Project – situated in the Erongo Region – and other locations within exploration production licenses 6762 and 8748.
In March 2024, E-Tech Resources completed its trenching and sampling program, identifying higher levels of rare earth oxide mineralization at the Eureka project than previously detected in 2023.