<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001019260</cik>
        <entityName>ETRUSCAN RESOURCES INC.</entityName>
        <issuerAddress>
            <street1>Suite 306, Royal Bank Building</street1>
            <street2>1597 Bedford Highway</street2>
            <city>Halifax</city>
            <stateOrCountry>A5</stateOrCountry>
            <zipCode>B4A1E7</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>9028326700</issuerPhoneNumber>
        <jurisdictionOfInc>NOVA SCOTIA, CANADA</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>ETRUSCAN RESOURCES INC</previousName>
            <previousName>ETRUSCAN ENTERPRISES LTD</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sally</firstName>
                <lastName>Eyre</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gerald</firstName>
                <lastName>McConnell</lastName>
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                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
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                <relationship>Director</relationship>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steve</firstName>
                <lastName>Stine</lastName>
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            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
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            <relatedPersonRelationshipList>
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                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Rick</firstName>
                <lastName>Van Nieuwenhuyse</lastName>
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            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
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            <relatedPersonName>
                <firstName>Neil</firstName>
                <lastName>Woodyer</lastName>
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                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
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                <zipCode>B4A1E7</zipCode>
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                <relationship>Director</relationship>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Street</lastName>
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                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
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                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Frank</firstName>
                <lastName>Giustra</lastName>
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                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
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                <zipCode>B4A1E7</zipCode>
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            <relatedPersonName>
                <firstName>Gord</firstName>
                <lastName>Keep</lastName>
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                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <lastName>Clarke</lastName>
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                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Paul</firstName>
                <lastName>Coombs</lastName>
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            <relatedPersonAddress>
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                <city>Halifax</city>
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                <zipCode>B4A1E7</zipCode>
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            <relatedPersonRelationshipList>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Donald</firstName>
                <lastName>Burton</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Janice</firstName>
                <lastName>Stairs</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Werner</firstName>
                <lastName>Claessens</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 306, Royal Bank Building</street1>
                <street2>1597 Bedford Highway</street2>
                <city>Halifax</city>
                <stateOrCountry>A5</stateOrCountry>
                <zipCode>B4A1E7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$25,000,001 - $100,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-03-04</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Raymond James (USA) Ltd.</recipientName>
                <recipientCRDNumber>0705</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>880 Carillon Parkway</street1>
                    <city>St. Petersburg</city>
                    <stateOrCountry>FL</stateOrCountry>
                    <zipCode>33716</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>427276</totalOfferingAmount>
            <totalAmountSold>427276</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>3</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>23417</dollarAmount>
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            <findersFees>
                <dollarAmount>0</dollarAmount>
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            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>ETRUSCAN RESOURCES INC.</issuerName>
                <signatureName>/s/ Janice Stairs</signatureName>
                <nameOfSigner>Janice Stairs</nameOfSigner>
                <signatureTitle>Vice President, General Counsel and Secretary</signatureTitle>
                <signatureDate>2010-03-11</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
