ETHOS GOLD CORP. : http://www.ethosgold.com/ : QwikReport

News

January 09, 2019
Ethos Gold Announces Re-assay of Pine Pass trenches includes 130 m of 0.54% V2O5 within 213 m of 0.47% V2O5

Vancouver, BC - January 9, 2019, Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV:ECC) (OTCQB: ETHOF) has now received lithium metaborate fusion assay results for all assays from Trenches 18PPT1 and 18PPT2 on its Pine Pass vanadium project located in north-eastern British Columbia. The lithium metaborate fusion assay allows for more complete digestion of mineral species versus the ICP-MS with 4 acid-digestion method that was previously used, as discussed in the Company’s December 6 and 12, 2018 news releases.

As illustrated below, trenches 18PPT1 and 18PPT2 are located approximately 1.1 km apart along a portion of the east limb syncline vanadiferous horizon subcrop (see corporate presentation at www.ethosgold.com).  There is approximately 20 km of prospective subcrop horizon on the Pine Pass property and the planned 2019 exploration program will continue to explore these subcrop horizons including a drill campaign between and north and south of trenches 18PPT1 and 18PPT2.

Trench 18PPT2

The previously reported and new re-assay results for Trench 18PPT2 are summarized below:

Length Previous Fusion
(m) (%V2O5) (%V2O5)
29 m 0.45% 0.52%
  offset in trench  
130m 0.48% 0.54%

These revised assays for Trench 18PPT2 are plotted on the cross section below:

Trench 18PPT1

The previously reported and new re-assay results for Trench 18PPT1 are summarized below:

Length Previous Fusion
(m) (%V2O5) (%V2O5)
15 0.44% 0.49%
10 unable to get to bedrock
23 0.47% 0.55%
25 0.25% 0.29%
27 0.45% 0.52%

These revised assays for Trench 18PPT1 are plotted on the cross section below:

Summary

The lithium metaborate fusion results for trench 18PPT2 were on average 11% higher versus the ICP-MS with 4 acid-digestion method and for trench 18PPT1 were on average 13% higher.

QA/QC, Qualified Person, and Contact

All prior samples were delivered to ALS Chemex in Kamloops and/or North Vancouver, British Columbia for analysis of select elements initially by ICP-MS analysis using 4 acid-digestion. As noted these re-assay results utilized lithium metaborate fusion analysis followed by acid dissolution.  Quality control entailed insertion of company standards, blanks, and duplicates into the trench sample stream. In addition, ALS Chemex routinely inserted blanks and standards into the sample stream at the assay laboratory. All reported standard and blank assay values, as well as duplicates were within an acceptable margin of error.  Work at Pine Pass is being supervised by Jo Price, M.Sc., MBA, P.Geo, VP Exploration of the Company. She is a Qualified Person as defined under National Instrument 43-101 and has read and approved this release.

For additional information please contact Craig Roberts at 604-682-4750 or view the Company’s website, www.ethosgold.com.

Ethos Gold Corp.

Per: "Craig Roberts"

Craig Roberts P.Eng., President & CEO

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding the Company’s planned 2019 exploration program for its Pine Pass project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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December 24, 2018
Ethos Gold Announces Closing of Flow-Through Financing

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, BC -- December 24, 2018, Ethos Gold Corp. ("Ethos" or the "Company") (TSXV:ECC) announces that it has completed a non-brokered private placement of 7,000,000 Flow-Through Units (the "FT Units") of the Company at a price of C$0.28 per FT Unit for gross proceeds of C$1,960,000.

Each FT Unit consists of one common share of the Company to be issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one non-flow-through common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one non-flow-through common share of the Company at a purchase price of $0.30 per share until December 21, 2020.

The gross proceeds of the FT Offering will be used for further exploration of the Company's Pine Pass vanadium project located on the John Hart Highway between Mackenzie and Chetwynd, British Columbia.

All securities issued or issuable under the offering are subject to a four-month hold period expiring on April 22, 2019, in addition to such other restrictions as may apply under applicable securities laws in jurisdictions outside of Canada.

Final closing of this Offering is subject to final acceptance by the TSX Venture Exchange.

For additional information please contact Craig Roberts at 604-682-4750 or view the Company's website, www.ethosgold.com.

Ethos Gold Corp.

Per: "Craig Roberts"
Craig Roberts P.Eng., President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the Company's FT Offering and the contemplated use of the proceeds to further the exploration on its Pine Pass project.  Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include, possible, accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

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December 17, 2018
Ethos Gold Announces Flow-Through Financing to Raise $1,960,000

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, BC - December 17, 2018, Ethos Gold Corp. ("Ethos" or the "Company") (TSXV:ECC) is pleased to announce a non-brokered private placement to raise gross proceeds to the Company of up to $1,960,000 (the "FT Offering") by the issuance of up to 7,000,000 units (each a "FT Unit") at a purchase price of $0.28 per FT Unit. Each FT Unit will consist of one common share of the Company to be issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one non-flow-through common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one non-flow-through common share of the Company at a purchase price of $0.30 per share for a period of two years from the date of the closing of the FT Offering.

The gross proceeds of the FT Offering will be used for further exploration of the Company's Pine Pass vanadium project located on the John Hart Highway between Mackenzie and Chetwynd, British Columbia.

The FT Offering is subject to the acceptance of the TSX Venture Exchange (the "Exchange"), and securities issued in the FT Offering will be subject to a 4-month hold period. No finder's fees are payable in respect of the FT Offering.

For additional information please contact Craig Roberts at 604-682-4750 or view the Company's website, www.ethosgold.com.

Ethos Gold Corp.

Per: "Craig Roberts"
Craig Roberts P.Eng., Interim President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the Company's plan to undertake the FT Offering and the contemplated use of the proceeds to further the exploration on its Pine Pass project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include, possible, accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.
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December 12, 2018
Ethos Reports Re-assay of 33 trench samples averages 13% higher V2O5 grades

Vancouver, BC -- December 12, 2018, Ethos Gold Corp. ("Ethos" or the "Company") (TSXV:ECC) (OTCQB: ETHOF) has now received lithium metaborate fusion assay results for 33 check assays from the 2018 trench sampling program from its Pine Pass vanadium project. The lithium metaborate fusion assay allows for more complete digestion of mineral species versus the ICP-MS with 4 acid-digestion method that has been used to assay all samples processed to date.  For these 33 check samples, the fusion results were consistently higher versus the ICP-MS with 4 acid-digestion method, with the fusion assays returning approximately 13% higher V2O5 grades. To illustrate, if the fusion re-assay of a sample with an original 0.45% V2O5 ICP-MS assay returned this average increase, the fusion assay result would be 0.45% x 1.13 = 0.51% V2O5 (this is just illustrative, the actual fusion re-assay result may vary significantly from the average).  Within the check assay batch, black shale samples averaged 11% higher in grade and grey siltstones averaged 16% higher in grade.  The Company is now proceeding with re-assay by the fusion method of all samples from Trenches 1 and 2 and also of the continuous rock chip sampling along the John Hart Highway road cut, and will report these results once received.

QA/QC, Qualified Person, and Contact

All prior samples were delivered to ALS Chemex in Kamloops and/or North Vancouver, British Columbia for analysis of select elements by ICP-MS analysis using 4 acid-digestion. As noted these check assays utilized lithium metaborate fusion analysis followed by acid dissolution.  Quality control entailed insertion of company standards, blanks, and duplicates into the trench sample stream. In addition, ALS Chemex routinely inserted blanks and standards into the sample stream at the assay laboratory. All reported standard and blank assay values, as well as duplicates were within an acceptable margin of error.  Work at Pine Pass is being supervised by Jo Price, M.Sc., MBA, P.Geo, VP Exploration of the Company. She is a Qualified Person as defined under National Instrument 43-101 and has read and approved this release.

For additional information please contact Craig Roberts at 604-682-4750 or view the Company's website, www.ethosgold.com.

Ethos Gold Corp.

Per: "Craig Roberts"
Craig Roberts P.Eng., Interim President & CEO

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potenial effects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

File: http://www.ethosgold.com/i/pdf/2018-12-12_NR_ECC.pdf
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December 06, 2018
Ethos Announces 2018 Pine Pass Project Vanadium Sampling Results

Vancouver, BC -- December 6, 2018, Ethos Gold Corp. ("Ethos" or the "Company") (TSXV:ECC) (OTCQB: ETHOF) is pleased to announce the remaining results 2018 sampling program from its Pine Pass vanadium project.

East Limb Results

Results from Trench 1 (18PPT1) and Trench 2 (18PPT2) on the East Limb were reported in a November 1, 2018 press release.  The entire 255 m sampled in Trench 1 perpendicular to strike averaged 0.27% V2O5, with significant intervals of +0.40% V2O5. In Trench 2, approximately 1.1 km south east of Trench 1, the entire 218 m sampled in Trench 2 averaged 0.43% V2O5, with significant intervals of +0.50% V2O5 and up to +0.80% V2O5.

An effort was made to hand dig a third trench (Trench 5 (18PPT5)) in steep terrain approximately 3 km south east of Trench 2 (see Figure 1).  The first 42 meters of this trench reached bedrock and returned an interval of 20.5 meters of 0.34% V2O5.  The balance of this trench did not reach bedrock.

The three trenches on the East Limb, along with soil and rock samples confirm that significant vanadium mineralization extends over at least 5 km of the approximately 10 km of prospective East Limb subcrop strike (see Figure 1).  The remaining 5 km of East Limb strike to the north west of the 2018 work will be explored in the 2019 season.

West Limb Results

Five soil lines and two trenches were completed on the West Limb in the 2018 program (see Figure 1). 

Trench 3 (18PPT3) was dug approximately 5.5 km north west of the John Hart highway.  This trench included an interval of 31 meters of 0.10% V2O5.  Bedrock was primarily siltstone indicating that the trench was likely outside of the main target horizon.  Results for a nearby soil geochemistry line were received after Trench 3 was completed indicating that the highergrade mineralized horizon was to the west of Trench 3.  Work in 2019 will include extending this trench to the west.

Trench 4 (18PPT3) was dug in very steep terrain approximately 500 m north west of the John Hart highway.  This trench included an interval of 9 meters of 0.27% V2O5.  Only the upper 17 meters of this trench reached bedrock.  Work in 2019 will include extending this trench to the west.

As noted in the November 1, 2018 press release, the West Limb mineralization was also outlined in a road cut on the John Hart highway where a 50 meter true width returned an average of 0.39% V2O5 (including 0.45% over 20 meters). 

The results of the soil and prospecting together with the mapped geology of both Trench 3 and 4 suggest that west limb high grade vanadium bearing horizon is located approximately 150-500m further to the west than anticipated.  The 2018 regional West Limb sampling and trenching does confirm that significant vanadium mineralization extends over at least 9 km of the approximately 10 km of prospective West Limb subcrop strike (see Figure 1). 

Summary

2018 trench descriptions and sample summaries:

Trench# Zone Description Length (m) No. of
Samples

Average
Sample
length (m)

18PPT1 East Limb Outcrop of laminated and fissile carbonaceous Black Shale, locally interbedded with carbonaceous Grey Siltstone. 255 84 3
18PPT2 East Limb Outcrop of laminated, fissile, and sooty Black Shale with minor carbonaceous Grey Siltstone 218 74 3
18PPT3 West Limb Outcrop of dark grey, semi-massive grey Siltsone with minor Black Shale 73 22 3
18PPT4 West Limb Outcrop and Talus of Black Shale and Grey Siltstone 33 9 4
18PPT5 East Limb Outcrop/Subcrop and Talus of Black Shale with minor Grey Siltstone 69 23 3
18MST1 West Limb Chip Sampling of Black Shale outcrop at Road Cut 65 13 5


Figure 1

2018 rock and soil sampling:

Assays of 89 outcrop and subcrop samples collected during regional prospecting of the property, ranged from below detection to 2420 ppm V (0.43% V2O5) with over 18 samples assaying above 1000 ppm V (0.19% V2O5).   In addition, 535 soil samples collected across 9 lines at 10m spacing assayed from below detection to 4770 ppm V (0.85% V2O5) with 68 samples assaying over 1000 ppm V (0.19 V2O5).

Craig Roberts, P.Eng., Interim President and CEO of Ethos stated:

“The 2018 Pine Pass exploration program was highly successful in confirming +100 m thicknesses of +0.40% V2O5 vanadium hosted in black shale, including higher grade intervals of up to +0.80% V2O5.  The program has also confirmed the presence of significant vanadium mineralization over 5 km of strike on the east limb and over 9 km of strike on the west limb, with significant additional prospective strike length still to explore.

Price, M.Sc., MBA, P.Geo, VP Exploration of the Company is now preparing permit applications for a significant trenching and drilling program in 2019.  This program will test approximately 1.5km of strike between and outside Trenches 1 and 2, and will also drill test other target areas on the property.  We anticipate having this trenching and drilling permit application submitted before 2018 year end.  Based on the 2018 sampling and trenching program we are very excited by the potential for the maiden drill program to deliver significant results in 2019.”

QA/QC, Qualified Person, and Contact

All samples were delivered to ALS Chemex in Kamloops and/or North Vancouver, British Columbia for analysis of select elements by ICP-MS analysis using 4 acid-digestion. Quality control entailed insertion of company standards, blanks, and duplicates into the trench sample stream. In addition, ALS Chemex routinely inserted blanks and standards into the sample stream at the assay laboratory. All reported standard and blank assay values, as well as duplicates were within an acceptable margin of error.  Work at Pine Pass is being supervised by Jo Price, M.Sc., MBA, P.Geo, VP Exploration of the Company. She is a Qualified Person as defined under National Instrument 43-101 and has read and approved this release.

For additional information please contact Craig Roberts at 604-682-4750 or view the Company’s website, www.ethosgold.com.

Ethos Gold Corp.

Per: "Craig Roberts"

Craig Roberts P.Eng., Interim President & CEO

Forward-Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding future exploration plans on the Pine Pass project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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