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Victory Metals' JV Partner Ethos Gold Commences Drilling of Carlin-type Target at Iron Point, Nevada, and Adds Fourth Hole to Test Southern Extension of Target
Victory Metals' JV Partner Ethos Gold Commences Drilling of Carlin-type Target at Iron Poi...
About this update from Nevada King Gold Corp
[{"type":"text","content":"\n\n\n\nVictory Metals' JV Partner Ethos Gold Commences Drilling of Carlin-type Target at Iron Point, Nevada, and Adds Fourth Hole to Test Southern Extension of Target\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 18, 2019\n\n\n\nVANCOUVER, June 18, 2019 /CNW/ - Victory Metals (\"TSX-V:VMX\") (\"Victory\" or the \"Company\") is pleased to announce that its joint venture partner, Ethos Gold (\"TSX-V:ECC\") (\"Ethos\"), has commenced drilling at the Iron Point project 22 miles east of Winnemucca, Nevada. Ethos' primary target is Carlin-type gold mineralization hosted in Lower Plate stratigraphy below the Roberts Mountain thrust fault. Some of the world's largest and highest grade gold deposits are found in this Lower Plate stratigraphy. The Lower Plate drill target at Iron Point is immediately west of a north-south striking range front fault at between 500m and 800m depth (see Figures 1 – 5 below). \nHighlights:\nThe Ethos gold-focused drilling at Iron Point is now underway, supervised by Dr. Quinton Henningh. This drilling is in addition to the ongoing vanadium shallow drill program (up to approximately 200m depth) being conducted by Victory as was announced on May 27, 2019 (click here). Between both the vanadium and gold programs there are now three RC rigs and one core rig turning at Iron Point. Iron Point is located at the intersection of the Cortez/Battle Mountain Gold Trend and the Getchell Gold Trend, and on trend from several high-grade, world-class gold mines including Twin Creeks, Getchell/Turquoise Ridge, Lone Tree-Stonehouse, and Marigold.   The Ethos drill  program will comprise approximately 3,200m of drilling (see collar locations in Figure 1). This includes a fourth vertical hole that has been added to the previously announced three-hole program which will test the extension of the gold target area south of Interstate 80. Three of these holes will be drilled with a reverse circulation (\"RC\") rig to depths of approximately 300m, then continued with a core rig to total depths of approximately 850m (...