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Ethos Gold Corp.

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Summary

Project:

Iron Point

Deposit:Iron Point
Location:United States
Commodities:Gold-Silver
Date:10/2/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-10-2019: Ethos Gold Corp. announces an Exploration/Drilling Update report for its Iron Point deposit at the Iron Point project. Drilling results incl. 17m @ 101.4g/t Ag. Vancouver, BC – October 2, 2019, Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV:
Resources:x
CP/QP:[Overall Report]: Quinton Hennigh, Jo Price (Internal)
ABSTRACT:Vancouver, BC – October 2, 2019, Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV:ECC) (OTCQB: ETHOF) is pleased to announce results from its Phase 1 drill program at Iron Point, 22 miles east of Winnemucca, Nevada. While Iron Point has received considerable previous drilling to depths of up to approximately 300 m, mainly in strata belonging to the Upper Plate (“UP”) above the Roberts Mountain Thrust (“RMT”), this is the first program to test more favourable Lower Plate (“LP”) strata for Carlin-Type gold mineralization to depths of up to 700 m. The Phase 1 drilling focused on two primary areas along the 5 km north-south target area defined by strong gold (“Au”), mercury (“Hg”), arsenic (“As”), and antimony (“Sb”) soil and rock geochemical anomalies coincident with the surface trace of a range front fault (see Ethos’ May 17 and June 18, 2019 press releases). The more southerly area (the “South Target Area”), centered approximately 2 km north of Interstate 80, was tested by two deep vertical core holes (EG-1 and EG-5) collared approximately 700 m apart (see Figure 1). The more northerly area (the “North Target Area”), centered approximately 5 km north of Interstate 80, was tested with two deep angle RC holes (EG-3a and EG-3b) drilled at south-west and south east orientations off the same drill pad (see Figure 1). Note that the spatial distribution of gold and other metals is unknown and therefore the drill intervals noted may not represent true widths.

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