Ethos Gold Announces Re -assay of Pine Pass trenches includes 130 m of 0.54% V 2O5 within 213 m of 0.47% V 2O5

Suite 1430 – 800 West Pender Street, Vancouver, BC V6C 2V6

Ethos Gold Announces Re -assay of Pine Pass trenches includes 130 m

of 0.54% V 2O5 within 213 m of 0.47% V 2O5

Vancouver, BC – January 9, 2019, Ethos Gold Corp. (“ Ethos ” or the “ Company ”) (TSXV:ECC)

(OTCQB: ETHOF) has now received lithium metaborate fusion assay re sults for all assays from

Trenches 18PPT1 and 18PPT2 on its Pine Pass vanadiu m project located in north -eastern British

Columbia. The lithium metaborate fusion assay allow s 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 hori zon subcrop (see corporate presentation at

www.ethosgold.com). There is approximately 20 km o f prospective subcrop horizon on the Pine

Pass property and the planned 2019 exploration prog ram 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 18 PPT2 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 K amloops 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 metab orate 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 routi nely 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 Com pany. 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 Rob erts 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-lookin g statements" within the meaning of Canadian securi ties legislation,

including statements regarding the Company’s planne d 2019 exploration program for its Pine Pass project. Alth ough the

Company believes that such statements are reasonabl e, 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 alway s,

identified by the words "expects," "plans," "antici pates," "believes," "intends," "estimates," "projec ts," "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 Compan y 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 o f risks and uncertainties. Consequently, there can be no

assurances that such statements will prove to be ac curate and actual results and future events could d iffer materially

from those anticipated in such statements. Except t o 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 stateme nts if

management's beliefs, estimates or opinions, or oth er factors, should change. Factors that could cause future results to

differ materially from those anticipated in these f orward-looking statements include the risk of accid ents 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 cleara nces, necessary

to carry out the Company's exploration plans, and t he risk of political uncertainties and regulatory o r legal changes in the

jurisdictions where the Company carries on its busi ness that might interfere with the Company's busine ss and prospects.

The reader is urged to refer to the Company's repor ts, publicly available through the Canadian Securit ies Administrators'

System for Electronic Document Analysis and Retriev al (SEDAR) at www.sedar.com for a more complete dis cussion 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.