Canadian Mining Journal

News

COPPER-GOLD: Ethos encouraged by preliminary fieldwork at Perk-Rocky



BRITISH COLUMBIA – Ethos Gold announced that recent prospecting and geological mapping at its Perk-Rocky copper-gold porphyry project in B.C. identified more than 50 copper occurrences in outcrop.

In a press release, Ethos indicated that the fieldwork also included rock sampling and that 89 samples returned results varying from trace up to 0.92% copper and up to 5.6 g/t gold.

Jo Price, the company’s vice president of exploration, revealed that the team on the ground also observed a several kilometre long surface expression of copper gold mineralization and associated alteration, located in a complex structural context.

“Initial Perk-Rocky exploration results on this under-explored property have been encouraging,” Price said in the media statement. “Planning is proceeding towards a 2020 field program that would include an IP geophysical survey followed by drilling. We are advancing environmental studies and First Nations engagement to support permitting for the 2020 program. British Columbia is one of the select regions of the world where large gold enriched copper porphyry deposits are known to occur, and Perk-Rocky is starting to tick all the right boxes.”

The 6,715 ha property is located approximately 35 km southwest of the community of Tatla Lake and 170 km west of Williams Lake.

According to Price, the vendors of the property were drawn to the area based on anomalous values of copper, gold and arsenic in B.C. regional silt samples.

“While there is evidence of early exploration for porphyry copper mineralization, there is no record of drilling on the property,” the executive said.

This story originally appeared on www.Mining.com.