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

News

February 11, 2019
Ethos Receives Permits for Trenching and Drilling La Purisima Gold Project and Commences Trenching Program

Vancouver, BC -- February 11, 2019, Ethos Gold Corp. ("Ethos" or the "Company") (TSXV: ECC) is pleased to announce that it has received approval for trenching and drilling of its La Purisima gold project in north-west Chihuahua State, Mexico. A field crew has been mobilized to the project and trenching work with a backhoe is commencing imminently. The Company anticipates that the trenches will be relatively shallow and that the trenching work will proceed rapidly. Drilling is planned to begin in March, 2019 shortly after the initial trench assay results are received.

The exploration model for the La Purisima Mine area is for a near surface, bulk tonnage, oxide gold target. A northwest trending mineralized zone has been identified over a strike length of at least 2 km with a width of alteration and geochemically anomalous gold of approximately 600 meters. Within this footprint are two north-west striking zones that have the strongest gold anomalies, each approximately 200 meters wide (see figure below). One of these (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 a thin alluvial cover consisting of gravel and soil deposits. Gold and silver mineralization is contained in quartz veins and veinlets forming stockworks and sheets in both volcanic flow rocks and older discordant sedimentary rocks.

La Purisima is located in an area of low relief with excellent road access and infrastructure. The concessions are located on private ranch land and a long-term annual fee based property access agreement has been signed with the land owners (see Figure 1).

Commented Craig Roberts, P.Eng., President and CEO of Ethos: "We are excited to be now moving ahead at La Purisima with machine trenching followed by our maiden drill program. Historic work documented by the Mexican government reports (1994, Guzman and De La Fuente; CRM Report; "Concesion Minera de Explotacion Purisima Municipio de San Buenaventura, Chihuahua") indicates areas with multi-gram gold values localized in multiple sub-parallel epithermal veins, as well as disseminated gold mineralization around the Purisima Vein described in the historic Purisima Mine. The target area is sizeable covering at least 2 km of strike and is largely untested by modern and systematic exploration methods. Project access and infrastructure is very good allowing a modest initial budget for trenching and drilling at La Purisima of approximately $US 350,000. We will report initial trench results as soon as results are received and analyzed and provide an update on the planned drilling at that time."

Figure 1

QA/QC

Trenching samples will be shipped to the ALS-Chemex sample preparation facility located in Hermosillo, Sonora Mexico.  ALS-Chemex Hermosillo preparation labwork will consist of splitting and grinding to fine pulp culminates followed by shipment of 150 grams to the ALS-Chemex Vancouver, B.C. analytical laboratory where gold analysis by 30 gram fire assay with AA finish of dissolved final metal mixture will be completed. In addition a second small sample fraction will be dissolved in 4-acid mixture and processed for ICP determination of a standard 35-element package.

Qualified Person and Contact

Mel Herdrick, a director of and consultant to the Company, is a Qualified Person as defined under National Instrument 43-101, is supervising the La Purisima trenching and drilling program and has read, reviewed, and approved this release. Jo Price, M.Sc., MBA, P.Geo, VP Exploration of the Company has also reviewed and approved this release.

About Ethos Gold

Ethos Gold is exploring the Pine Pass vanadium project located on Highway 97 in northern, British Columbia as well as the La Purisima gold project in northwest Chihuahua State, Mexico.

Initial trenching and other exploration work at Pine Pass indicates the potential for a black shale hosted zone of vanadium mineralization in the range of 100 meters in thickness and with multiple kilometers of prospective strike length. A maiden drill program at Pine Pass is planned for the summer of 2019.

At La Purisima the exploration model is for a near surface, bulk tonnage oxide gold target. A trenching program is now commencing with a maiden drill campaign planned to commence in March, 2019.

Ethos is well funded for the planned exploration programs with a current net cash balance of approximately $Cdn 7.1 million.

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 development and execution of a contemplated La Purisima trenching and drilling program, and a planned summer 2019 drill program on the Company's 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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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.

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