Early but promising results for Ethos

The first trenching results are in from Ethos Capital’s (ECC-V) Mascot Creek zone and they are indeed promising.

The first line of testing saw a total of 52 trench pits dug over 270 metres. The highlight assays came from 9 samples averaging 7.3 grams gold over 50 metres .

Along the second line, 64 trench pits were dug and covered 370 metres. The highlight assays there came from 6 samples averaging 2.9 grams gold over 45 metres.

The samples were collected from a depth of roughly 2 metres and trenches were spaced 5 to 10 metres apart.

Mascot Creek is part of the company’s Betty property, which is situated roughly 20-km east and along strike of Kaminak Gold’s (KAM-V) Coffee discovery in the White Gold district.

Gold mineralization at Coffee is associated with a regional scale structural corridor known as the Coffee Fault. The fault is defined by an east-west trending topographic and magnetic lineament that transects the Betty property right around the Mascot zone.

Ethos has thus far received results from 11,225 soil samples at Betty with a total of 7,017 soil samples collected from Mascot.

The company has a large land position in the White Gold district with a total of 5,089 claims covering an area of 1,063 sq km – and Betty alone covers 179 sq. km.

In Toronto on Oct. 27, Ethos shares were up 11% to 73¢ on 312,000 shares traded.

Print

Be the first to comment on "Early but promising results for Ethos"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close