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Betty

Betty Property

The Betty Property is located southeast along-strike of Kaminak Gold Corporation's ("Kaminak") Coffee discovery in the White Gold District west-central Yukon Territory, Canada. The property is comprised of 730 claims or 152 square kilometers and covers approximately 15 kilometers of the highly prospective Coffee Fault.

Gold mineralization at Kaminak's flagship Coffee Property is associated with a regional scale structural corridor termed the "Coffee Fault". The Coffee Fault is defined by a pronounced east-west trending topographic and magnetic lineament that transects Ethos' Betty Property.

This part of the Dawson Range has not been glaciated and soil sampling, which has led to the Coffee and White Gold discoveries, is an important component in Ethos' exploration program and is a highly effective exploration tool for locating in-situ gold mineralization.

Anomalous gold soil values up to 384 ppb occur along or immediately adjacent to a 5 kilometer-long segment of the highly prospective Coffee Fault. A second highly anomalous area occurs at the intersection of the Coffee Fault and the Dip Creek Fault defining a 3 square kilometer area of anomalous gold (597 ppb) and arsenic (920 ppm).

Buck Zone

The Buck Zone, 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.



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.

Ongoing Work at the Betty Property

A 3-man camp including back-hoe with cutters and back-hoe operator has been established at the Buck Zone. Approximately 150 meters of trenching has been completed and systematically sampled and this work continues. Preliminary results visually confirm an area of strong alteration, quartz veining, and iron oxides within felsic intrusive rock.



Prospecting traverses along and adjacent to the Coffee Fault have so far targeted the specific site of gold-in-soil anomalies and visually similar rocks to the Buck Zone have been identified in other areas with assays pending. Prospecting continues with priority targets being;
  1. gold-in-soil anomalies
  2. sites where Ground Truth personnel have identified quartz/silicification in the sample where analyses have not yet been received.
Airborne magnetic and radiometric surveying has commenced on the Betty Property and preliminary results received. Flight lines are spaced 100 meters apart which allows excellent resolution of structural features. The high-priority Buck Zone within the Betty Claims will be surveyed first and the data collected will be used to guide trenching and to generate new targets.