Halifax, Nova Scotia - E-Tech Resources Inc. (TSXV: REE) ('E-Tech or the Corporation') is pleased to announce that its Phase 2 diamond drilling program has again successfully intersected shallow and thick REE mineralisation at its 100% owned Eureka REE Project

Highlights from the diamond drilling include:

Drill Hole ED028 intersected 8.2m at 2.6%TREO from 83m (including 3.7m at 4.7% TREO)

Drill Hole ED027 intersected 7.9m at 1.4%TREO from 58m (including 4.9m at 2.1% TREO)

Jim Megann, Interim CEO commented, 'The significant scale potential of the Eureka Project continues to be underscored by our repeatable quality REE results and we look forward to further drilling commencing this month. These intercepts of shallower and wider zones of mineralization will add significant tonnage potential to the current Zone 1 and 3 areas.'

A total of 376 samples (including standards, duplicates and blanks) from the 11 hole 2226 meter diamond drilling program have been analysed. The objective of this diamond drill program was to gain a firm understanding of the structural and lithological controls on mineralization at Zones 1, 2 and 3. Following this program, further RC and diamond drilling will be undertaken over these new areas as well as those already identified along strike.

The recently completed detailed magnetic and radiometric ground survey has resulted in the identification of anomalies prospective for REE mineralization. The magnetic data indicates that there is potential for similar styles of REE mineralization up to >4km in strike extent, with significant potential identified beyond the initial drilling targets. The company is therefore currently undertaking a full review of all its exploration results and data received to date, with a view to announcing our next stage of exploration.

Christopher Drysdale, Director added, 'These diamond drilling results represent the final outstanding drill results from the Phase 2 drill program conducted earlier this year. Our understanding of the petrophysical properties of the Eureka project has expanded exponentially. This understanding has continued to identify new targets and trends, and on which to date we have not conducted any drill testing. We look forward to receiving more exploration results and to inspecting the new targets on our project area.'

About E-Tech Resources Inc.

E-Tech Resources Inc. (TSXV: REE) is a rare earth exploration and development company focused on developing its Eureka Rare Earths Project in Namibia. The Eureka Project is located approximately 250 km north-west of Namibia's capital city Windhoek and 140 km east of Namibia's main industrial port Walvis Bay. The project is situated next to the national B1 highway in the Erongo Region of Namibia. The Eureka deposit lies in the Southern Central Zone of the Neoproterozoic Damara Belt within Exclusive Prospecting Licence ('EPL') number EPL 6762; which covers Eureka Farm 99 and Sukses Farm 90. Namibia is recognized as one of Africa's most politically stable jurisdictions, with an extremely well-established national infrastructure and a clear and transparent mining law.

Contact:

Jim Megann

CEO

E-Tech Resources Inc.

T: +1 902 334 1949

Cautionary Statements

This press release may contain forward-looking information, such as statements regarding the completion of the work in Namibia by E-Tech and future plans and objectives of E-Tech. This information is based on current expectations and assumptions (including assumptions in connection with the continuance of the applicable company as a going concern and general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict, including risks relating to the ability to satisfy the conditions to completion of exploration programmes and work in Namibia. Actual results may differ materially from results suggested in any forward-looking information. E-Tech assumes no obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in filings made by E-Tech with Canadian securities regulators, copies of which are available at www.sedar.com.

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