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Ethos Options Gaffney Gold Project, British Columbia; Targets Extensive Surface Gold Anomaly
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2020) - Ethos Gold Corp. (TSXV: EC...
About this update from Prospector Metals Corp
[{"type":"text","content":"Ethos Options Gaffney Gold Project, British Columbia; Targets Extensive Surface Gold AnomalyVancouver, British Columbia--(Newsfile Corp. - October 1, 2020) - Ethos Gold Corp. (TSXV: ECC) (OTCQB: ETHOF) (\"Ethos\" or the \"Company\") is pleased to announce that it has entered into an earn-in agreement under which Ethos may earn a 100% interest in the 8,172 hectare (82 km2) Gaffney gold property located in central British Columbia. The property is accessible via paved road (Highway 27) and gravel forest service roads, four hours north of Prince George, near the Community of Manson Creek, in the prolific Manson Creek Placer Gold District (Figure 1). HighlightsThe project is situated in the Eastern Cordillera Gold belt, which includes the Barkerville gold camp. The property is located topographically above the Manson Creek Placer Gold District.Linear trends (+6 Km and +4km) of high-tenor gold-in-soil geochemical anomalies with soil values up to 2.95 g/t gold (Figure 2), interpreted to be structurally controlled.Geochemistry includes multiple large multielement soil anomalies including silver; arsenic; antimony - pathfinders for orogenic gold deposits.The large soil anomalies, similar in scale and intensity for example to pre-trenching targets at the Coffee Project (Kaminak; Yukon)1. With good access initial field work will be relatively low cost.The project is located in an emerging area for gold and copper exploration, with several producing mines also in the area.Stated Craig Roberts, P.Eng., President & CEO of Ethos: \"The size and tenor of the gold-in-soil and stream sediment anomalies from work to date at Gaffney suggest potential for a significant discovery opportunity. Work going forward will include data compilation, analysis and interpretation, and work on the ground at our earliest opportunity with the intention of advancing this project to the drill stage by mid-2021.\"1 See Kaminak Press Release dated October 11th, 2011 entitled “Kaminak Defines Extensive Soil Anomalies Along Newly Recognised Sugar Trend, Coffee Project”. Comparisons to The Coffee Project are strictly for purposes of establishing deposit models and are not indicative of mineralization hosted on the Company’s property.Figure 1. Gaffney location and major gold camps for BC.To view an enhanced version of Figure 1, please visit:https...