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Pine Pass Project

The Pine Pass project is located within a 2,508 Ha claim block 104 km by paved highway from

MacKenzie, British Columbia. Access is excellent, with the John Hart Highway 97 passing

through the southern portion of the claim area. Power, gas and rail lines also pass along this

corridor. Vanadium bearing horizons within phosphatic shales o f the Toad Formation were

located by Canex Placer on the Pine Pass property in 1976. Sam pling programs conducted by

D.C. Rotherham, P .Eng. in 1987 and 1990 found concentrations of up to 0.82% V2O5 within a

broad 200 meter wide vanadium bearing section with an indicated true thickness of

approximately 100 meters. The Pine Pass claims cover the exten sion of the vanadiferous

horizon(s) for approximately 10 kilometers along the length of a northwesterly trending syncline.

Based on the preliminary stratigraphic mapping of the syncline and very limited sampling to date

of the vanadiferous horizon(s) the exploration target at Pine P ass is a near-surface resource in

the range of 30 to 50 million tonnes of 0.5 to 0.7 % V2O5. The potential quantity and grade are

conceptual in nature, and there has been insufficient explorati on to define a mineral resource

and it is uncertain if further exploration will result in the t arget being delineated as a mineral

resource. To date there has been no trenching or drilling to assess the resource potential on the

property. A program of more comprehensive sampling and mapping by a crew of six geologists

and prospectors commenced on July 30. Subject to results from t his work a program to trench

the target vanadiferous horizon(s) at Pine Pass may be conducte d in September. Because of

the excellent access the initial exploration work can be comple ted with a relatively modest

budget.

Ursula Project

The Ursula claim block covers an area of 543 Ha on the north sh ore of Peace Reach,

approximately 88 km by boat west of Hudson Hope. The claim blo ck is accessed by a logging

road that parallels Ursula Creek. The approximately 100 meter thick Ursula Creek section is

vanadiferous and will be sampled and mapped in the work program currently underway.

Tunnel Project

The Tunnel project is a small claim area located 40 km west of Tumbler Ridge, British Columbia.

A number of rock samples in a restricted staking area adjacent to the prospect area have

yielded values up to 0.83% V2O5 The samples are described as black shale and are located on

the westerly and easterly limbs of a northwesterly trending syn cline. The project is currently

being reviewed for its geological prospectivity and for potential to expand the project area.

Summary

Craig Roberts, Interim President and CEO of Ethos stated: “Vana dium inventories are low and

prices for V2O5 flake and ferro vanadium have tripled over the last two years. Black shale hosted

deposits are one of the primary sources of vanadium and occur i n a limited number of locations

world-wide. These deposit types particularly hard to find in fa vourable jurisdictions with good

access and infrastructure for development. While Pine Pass is at an early stage of exploration, it

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is the right geological environment and is well-located, and we can test the potential for an

economic vanadium resource for a very modest cost. If the prog ram is ultimately successful in

defining an economic resource the project is very well located in terms of access and

infrastructure for the development of a mining operation, with significant upside for value

creation. Our initial $80,000 payment to the vendors will cove r the initial mapping and sampling

work currently underway, and we anticipate announcing results from this program by late August

/ early September. If we elect to trench in September we have the potential to advance the

project to a drill ready stage by October of this year, and we would then work towards an initial

drill program early in 2019. We are also continuing to advance the La Purisima oxide gold

target in Chihuahua and anticipate results shortly from the rec ent sampling and mapping

program. We are excited by the potential of each of these proj ects to deliver significant

shareholder value. Since exploration expenditures over the nex t 12 months will be modest on

each of La Purisima and Pine Pass, we continue to preserve the bulk of the company’s treasury

to allow us to capitalize on additional opportunities.   We are continuing to actively pursue a

number of additional opportunities for Ethos, from earlier stage to more advanced projects.”

Mel Herdrick, a director of and consultant to the Company, is a Qualified Person as defined

under National Instrument 43-101, has read and approves this release.

For additional information please contact Craig Roberts at 604-682-4750.

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 expl oration plans for the Pine Pass project, the

continuing exploration work on the La Purisima project, and the costs of a future exploration and drilling

programs forecast to be nominal. Although the Company believes that such statements are reasonable, it

can give no assurance that such expectations will prove to be c orrect. Forward-looking statements are

statements that are not histori cal facts; they are generally, b ut not always, identified by the words

"expects," "plans," "anticipates ," "believes," "intends," "esti mates," "projects," "aims," "potential," "goal,"

"objective," "prospective," and si milar expressions, or that ev ents or conditions "will," "would," "may,"

"can," "could" or "should" occur, or are those statements, whic h, 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 tha t such statements will prove to be

accurate and actual results and future events could differ mate rially from those anticipated in such

statements. Except to the extent required by applicable securit ies laws and the policies of the TSX

Venture Exchange, the Company undertakes no obligation to updat e 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 t hese forward-looking statements include,

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accidents and other risks associated with mineral exploration o perations, 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 c learances, necessary to carr y out the Company's exploration plans,

and the risk of political uncertainties and regulatory or legal changes in certain of 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 ava ilable through the Canadian Securities

Administrators' System for Electronic Document Analysis and Ret rieval (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.