Initial Vanadium Sampling Results Received: Ethos Increases Land Position and Commences Trenching Program
Date: Sep 26, 2018
Ethos Gold Corp. (“Ethos” or the “Company”) (ECC) (otcqx:ETHOF) is pleased to announce progress at its Pine Pass and Ursula vanadium projects in in north-eastern British Columbia approximately 70 kilometers west of Chetwynd, and 200 kilometers north of Prince George.
Assays from initial soil, stream sediment and rock sampling programs completed in early August 2018 on both projects have now been received. A total of 410 soil samples were assayed with results ranging from trace up to a maximum of 5,700 ppm V (1.02% V2O5). Additionally 80 rock samples were assayed with results ranging from trace to up to a maximum of 3,540 ppm V (0.63% V2O5). An additional 21 stream and silt sample assays ranged from trace to up to a maximum of 1,510 ppm V (0.27% V2O5).
Pine Pass Vanadium Project
The Pine Pass sediment hosted vanadium property contains one or more mineralized horizons within a shallowly NW plunging syncline. The fold nose of the vanadiferous horizon is exposed in road cuts along the John Hart Highway where a semi-continuous section of mineralized rock is exposed over a +100 meter wide section.
First pass exploration in July/August (Phase 1) focused on tracing the mineralized zone(s) along strike to the NW. The program was successful in tracing the mineralized horizons for approximately 10 km. A second exploration program is now underway (Phase 2) and will include detailed soil sampling, trenching, rock sampling and geological mapping. To date the program has delineated the mineralized horizons on the east and west limbs of the syncline. Work will continue at least until early October or as weather permits.
