Announcement Date: 2021-11-24
Announcement Type: Exploration Update
Announcement Code: NI43-101
Company name: Ethos Gold Corp.
Project name: Toogood
Location: Canada
Commodities: Gold
Highlight: 2,571g/t Au in outcrop samples
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – November 24, 2021) – Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV: ECC) (OTCQB: ETHOF) (FSE: 1ET) is pleased to announce additional bonanza grade outcrop samples at the newly named Quinlan and Titan showings in its first pass exploration program at the Toogood property which encompasses 118km2 of mineral claims on New World Island, Newfoundland. At the Titan showing, additional grab samples with local visible gold graded 2,571.60, 1,146.87, 310.40, 236.86 g/t Au (Figures 1, 2). New stripping and detailed geological mapping and sampling have identified a 40m by 10m wide mineralized zone, open along strike and to depth. Gold is hosted in quartz-ankerite veins within altered shale and greywacke, likely emplaced along west-northwest trending structures. A total of 50 channel samples across five separate channels (total 27.94m) have been collected to test the continuity of mineralization outside of the known visible gold. Channel assays remain pending. Note that surface samples are grab/select samples and are not necessarily representative of mineralization hosted on the property.
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