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Ethos Commences Drilling at Its La Purisima Gold Project, Chihuahua, Mexico
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Ethos Gold Corp. (TSXV: ECC) ...
About this update from Prospector Metals Corp
[{"type":"text","content":"Ethos Commences Drilling at Its La Purisima Gold Project, Chihuahua, MexicoVancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Ethos Gold Corp. (TSXV: ECC) (OTCQB: ETHOF) (\"Ethos\" or the \"Company\") is pleased to announce the commencement of its maiden drill program at the La Purisima gold project in north-west Chihuahua State, Mexico. The initial program will comprise approximately 3,000 meters of reverse circulation (\"RC\") drilling in a planned 15 RC holes. The drilling will target near surface, bulk tonnage, oxide gold mineralization. At La Purisima a northwest trending gold mineralized zone has been identified over a strike length of at least 2 km with a width of alteration and geochemically anomalous gold mineralization of approximately 600 metres. Within this footprint are two north-west striking zones that have the strongest gold anomalies, each approximately 200 metres wide. One of these zones (the \"Purisima Vein Zone\") strikes for at least 2 km, and the other (the \"Stockwork Zone\") strikes for at least 1 km. Both zones appear to extend under the alluvial valley cover consisting of gravel and soil deposits. Gold and silver mineralization is mainly contained in epithermal quartz veins and veinlets forming stockworks and sheets in both volcanic flow rocks and older discordant sedimentary rocks. As announced in Ethos' May 22 news release, results from recent trenching include:T1 - 0.49 g/t Au over 118m, including 1.13 g/t Au over 20m, and 0.76g/t Au over 24m (Purisima Vein Zone), and separately 4.17g/t Au over 5.4m (Stockwork Zone)T2 - 0.47 g/t Au over 127m including 1.11 g/t Au over 40m (Purisima Vein Zone)T3 - 0.84 g/t Au over 10m and 6.51 g/t Au over 2m (both Stockwork Zone)Ethos is earning into 100% ownership of the La Purisima project under two separate earn-in agreements (see our December 1, 2017 and August 27, 2018 news releases). The project is located in an area of low, non-mountainous, relief with excellent road access and infrastructure. The concessions are located on private ranch land near active agricultural centers. A long-term annual fee based property access agreement has been signed with the main ranch land owner.Commented Craig Roberts, P.Eng., President and CEO of Ethos: \"We are excited to have initiated our maiden drill program at La Purisima. We are encouraged by the recent trench...