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Ethos and Vior Announce Commencement of Drilling at their Ligneris Gold Project, Abitibi, Quebec
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2019) - Ethos Gold Corp. (TSXV: E...
About this update from Vior Gold Corporation Inc.
[{"type":"text","content":"Ethos and Vior Announce Commencement of Drilling at their Ligneris Gold Project, Abitibi, QuebecVancouver, British Columbia--(Newsfile Corp. - November 1, 2019) - Ethos Gold Corp. (TSXV: ECC) (OTCQB: ETHOF) (\"Ethos\" or the \"Company\") and Société d'exploration minière Vior Inc. (\"Vior\") (TSXV: VIO) are pleased to announce the commencement of their previously announced drill campaign on the Ligneris gold project (the \"Ligneris Project\"), located 110 km north of Val-d'Or, Quebec (see press release of September 18, 2019). Two diamond drills are now on site and running, each targeting two different areas, namely the Central and the South zones. Approximately 6,000 meters of drilling in the First Phase program is scheduled to be completed by the end of December 2019.Figure 1. Ligneris- Chargeability, VTEM and selected historic drill interceptsTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/1564/49334_b48451b6e463f9f5_002full.jpgThe objective of this drilling program is to test the depth extensions of historical gold-bearing drill intercepts to approximately 600 meters, which coincide with well-defined geophysical chargeability anomalies. The program will also test some shallow-depth chargeability anomalies generated from the recently completed gradient induced polarization survey (Gradient IP) that are located along strike with known strongly altered structural corridors. Historical drill intercepts at Ligneris included 10.6 m @ 13.5 g/t Au and 2.9 m @ 62.0 g/t Au in the South Zone, and 1.45 m @ 216 g/t Ag and 2.79% Zn, and 5.43 m @ 4.92 g/t Au in the Central Zone. The mineralization at Ligneris is interpreted as an Archean-age, gold rich volcanogenic massive sulphide system, geologically analogous to Agnico Eagle's flagship Bousquet/LaRonde complex located 80 km south.Craig Roberts, P.Eng., President and CEO of Ethos, stated: \"We are excited to have commenced a significant drill program at Ligneris to test many of the high priority targets developed by our independent consultant InnovExplo. Previous drilling on Ligneris, almost 30 years ago, tested only the first 300 metres from the surface and intercepted multiple significant gold intervals (see Figure 1). Many of the drill holes will now test the strong chargeability anomalies identified in the recent gradient IP s...