Ethos trenches 20.5 m of 0.34% V2O5 at Pine Pass
ETHOS GOLD Corp. has released the remaining results 2018 sampling program from its Pine Pass vanadium project. East limb results Results from trench 1 (18PPT1) and trench 2 (18PPT2) on the east limb were reported in a Nov. 1, 2018, press release. The entire 255 metres sampled in trench 1 perpendicular to strike averaged 0.27 per cent vanadium oxide (V2O5), with significant intervals of plus 0.40 per cent V2O5. In trench 2, approximately 1.1 kilometres southeast of trench 1, the entire 218 m sampled in trench 2 averaged 0.43 per cent V2O5, with significant intervals of plus 0.50 per cent V2O5 and up to plus 0.80 per cent V2O5.
An effort was made to hand dig a third trench (trench 5 (18PPT5)) in steep terrain approximately three km south east of trench 2. The first 42 metres of this trench reached bedrock and returned an interval of 20.5 metres of 0.34 per cent V2O5. The balance of this trench did not reach bedrock.
The three trenches on the east limb, along with soil and rock samples, confirm that significant vanadium mineralization extends over at least five km of the approximately 10 km of prospective east limb subcrop strike. The remaining five km of east limb strike to the northwest of the 2018 work will be explored in the 2019 season.
West limb results
Five soil lines and two trenches were completed on the west limb in the 2018 program.
Trench 3 (18PPT3) was dug approximately 5.5 km northwest of the John Hart Highway. This trench included an interval of 31 metres of 0.10 per cent V2O5. Bedrock was primarily siltstone indicating that the trench was likely outside of the main target horizon. Results for a nearby soil geochemistry line were received after trench 3 was completed indicating that the higher-grade mineralized horizon was to the west of trench 3. Work in 2019 will include extending this trench to the west.
Trench 4 (18PPT3) was dug in very steep terrain approximately 500 m northwest of the John Hart Highway. This trench included an interval of nine metres of 0.27 per cent V2O5. Only the upper 17 metres of this trench reached bedrock. Work in 2019 will include extending this trench to the west.
As noted in the Nov. 1, 2018, press release, the west limb mineralization was also outlined in a road cut on the John Hart Highway where a
50-metre true width returned an average of 0.39 per cent V2O5 (including 0.45 per cent over 20 metres).
The results of the soil and prospecting together with the mapped geology of both trench 3 and 4 suggest that west limb high-grade vanadium-bearing horizon is located approximately 150 500 m farther to the west than anticipated. The 2018 regional west li mb sampling and trenching do confirm that significant vanadium mineralization extends over at least nine km of the approximately 10 km of prospective west limb subcrop strike. Summary
(See ECC Table 1 on page 13)
2018 rock and soil sampling Assays of 89 outcrop and subcrop samples collected during regional prospecting of the property, ranged from below detection to 2,420 parts per million V (0.43 per cent V2O5) with over 18 samples assaying above 1,000 ppm V (0.19 per cent V2O5). In addition, 535 soil samples collected across nine lines at 10 m spacing assayed from below detection to 4,770 ppm V (0.85 per cent V2O5) with 68 samples assaying over 1,000 ppm V (0.19 V2O5). Craig Roberts, PEng, interim president and chief executive officer of Ethos, stated: “The 2018 Pine Pass exploration program was highly successful in confirming plus 100 m thicknesses of plus 0.40 per cent V2O5 vanadium hosted in black shale, including higher-grade intervals of up to plus 0.80 per cent V2O5. The program has also confirmed the presence of significant vanadium mineralization over five km of strike on the east limb and over nine km of strike on the west limb, with significant additional prospective strike length still to explore. Jo Price, MSc, MBA, PGeo, VP, exploration, of the company, is now preparing permit applications for a significant trenching and drilling program in 2019. This program will test approximately 1.5 km of strike between and outside trenches 1 and 2, and will also drill test other target areas on the property. We anticipate having this trenching and drilling permit application submitted before 2018 year-end. Based on the 2018 sampling and trenching program, we are very excited by the potential for the maiden drill program to deliver significant results in 2019.” Quality assurance/quality control, qualified person and contact
All samples were delivered to ALS Chemex in Kamloops and/or North Vancouver, B.C., for analysis of select elements by ICP-MS analysis using four-acid digestion. Quality control entailed insertion of company standards, blanks and duplicates into the trench sample stream. In addition, ALS Chemex routinely inserted blanks and standards into the sample stream at the assay laboratory. All reported standard and blank assay values, as well as duplicates were within an acceptable margin of error. Work at Pine Pass is being supervised by Ms. Price, MSc, MBA, PGeo, VP, exploration. She is a qualified person as defined under National Instrument 43-101, and has read and approved this release.
We seek Safe Harbor.
Melvin A Herdrick, Michael Darren Murphy, Craig Anthony Roberts, Hendrik van Alphen
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