Germany’s Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
Ethos Capital Corporation has unearthed an impressive gold sample in the Yukon, as the company continues its summer exploration program in the White Gold District.
Ethos said today that rock samples collected from the Betty Property — near neighbouring Kaminak Gold’s Coffee discovery — returned significant results:
TheBuckZone, identified by Ethos’s ridge and spur soil sampling (July 12, 2011 News Release), includes a 597 ppb gold soil anomaly. The soil sample site contains abundant quartz clasts which may be indicative of eroding quartz veins hosted in the bedrock below. A grab sample (580604) of sub-crop consisting of a silicified, pyrite-arsenopyrite-bearing felsic intrusion cut by quartz veins was 10 meters north of the soil site and returned 2.1 g/t gold and 1,113 ppm arsenic.
Four additional rock samples of sub-crop were collected systematically from hand excavated pits spaced 10 meters apart within a 20 meter by 10 meter grid adjacent to the original 597 ppb gold soil anomaly. All five rock samples are composed of oxidized, altered felsic intrusions with variable quantities of quartz veins. All of the samples returned anomalous arsenic from 324 ppm to 1,113 ppm; antimony from 4 to 46 ppm; mercury from 0.2 to 0.5 ppm, and barium from 212 to 674 ppm.
Peter Tallman, P.Geo. and COO of Ethos states “The discovery of gold on the Betty Property hosted by similar rocks and with similar multi-element signatures to those successfully being explored and drilled by Kaminak Gold Corp, our neighbour to the west, shows that the Coffee Fault is a gold mineralized structure with regional significance and is highly prospective for gold.”
Ethos is currently exploring almost 5,000 claims covering 1,038 square kilometres in the Canadian Yukon Territory. In June the company acquired 1,460 claims, 166 of which were added to the Betty Property.
For a claims map visit http://www.ethoscapitalcorp.com/i/maps/ECC_ClaimsMap_4Jul11.jpg. The Coffee Fault and Betty Property can also be seen using Google Earth through a link on the company’s home page.
