Ethos trenches 0.47 g/t Au over 127 m including 1.11 g/t Au over 40m at its La Purisima gold project, Chihuahua, Mexico

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

Ethos trenches 0.47 g/t Au over 127 m including 1.11 g/t Au over 40m

at its La Purisima gold project, Chihuahua, Mexico

Vancouver, BC – May 22, 2019, Ethos Gold Corp. (“Et hos” or the “Company”) (TSXV:ECC)

(OTCQB: ETHOF) is pleased to announce trench result s at its La Purisima gold project in north-

west Chihuahua State, Mexico. Ethos has completed six mechanical trenches (T1-T6) totaling a

length of approximately 3.0 km that targeted the su rface expression of the Purisima Vein Zone

and the parallel Stockwork Zone (see figure below).

Highlights

• T1 – 0.49 g/t Au over 118m, including 1.13 g/t Au o ver 20m, and 0.76g/t

Au over 24m (Purisima Vein Zone), and separately 4. 17g/t Au over 5.4m

(Stockwork Zone)

• T2 – 0.47 g/t Au over 127m including 1.11 g/t Au ov er 40m (Purisima Vein

Zone)

• T3 – 0.84 g/t Au over 10m and 6.51 g/t Au over 2m (both Stockwork Zone)

The mineralized zones are situated in a valley abou t 500 metres wide. Dozer cuts through

shallow alluvium exposed well mineralized rocks in trenches across the northern flank of the

valley. A portion of the valley was not trenched d ue to deeper alluvium that would have

required larger equipment and additional safety mea sures. The trenches were oriented North

60 East, generally perpendicular to the northwest t rending mineralized zones, and covered

approximately 1700 metres of strike distance on these zones.

A total of 1000 trench samples were collected in th e six trenches, with sample lengths ranging

from 2 to 6 metres. Assays results range from below detection to 6.83 g/t Au. In aggregate (not

continuous), 155m of the sampling in T1 and 173m of sampling in T2 were above 0.1 g/t Au,

indicating the broad dissemination of gold mineralization. The gold mineralization is coincident

with anomalous indicator elements including antimon y, barium, and arsenic, and the Company

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is in the process of completing detailed geochemica l mapping of various indicator elements.

The trenching results will be utilized to guide the next phase of exploration including the

upcoming drill program comprising approximately 15 RC holes. In addition, particularly

encouraging new high-grade trench results in the St ockwork Zone will be the focus of further

work in the upcoming phase of exploration.

Commented Craig Roberts, P.Eng., President and CEO of Ethos: “We are very encouraged by the

trench results that show dissemination of gold mine ralization over significant intervals outside

of the primary veins in the Purisima Vein Zone, and also by the new high-grade intervals

identified in the Stockwork Zone. We will use thes e results to plan our fully permitted maiden

drill program of approximately 15 RC holes which we intend to commence shortly. In part

because of the excellent access and infrastructure our preliminary budget for this drill program

is modest, approximately $Cdn 350,000 (currently be ing finalized). We are looking forward to

drill testing this very prospective near surface, bulk tonnage target.”

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About the La Purisima Gold Project

The exploration model for the La Purisima project i s to target near surface, bulk tonnage, oxide

gold mineralization. The northwest trending mineral ized zone has been identified over a strike

length of at least 2 km and with a width of alterat ion and geochemically anomalous gold

mineralization of approximately 600 metres. Within this footprint are two north-west striking

zones that have the strongest gold anomalies, each approximately 200 metres wide (see figure

above). One of these zones (the "Purisima Vein Zon e") strikes for at least 2 km, and the other

(the "Stockwork Zone") strikes for at least 1 km. Both zones appear to extend under the alluvial

valley cover consisting of gravel and soil deposits . Gold and silver mineralization is mainly

contained in epithermal quartz veins and veinlets f orming stockworks and sheets in both

volcanic flow rocks and older discordant sedimentary rocks.

La Purisima is located in an area of low, non-mount ainous, relief with excellent road access and

infrastructure. The concessions are located on private ranch land near active agricultural centers

and a long-term annual fee based property access ag reement has been signed with the main

ranch land owner.

QA/QC

Trenching samples were picked up by the ALS-Chemex sample preparation facility located in

Chihuahua, Chihuahua. ALS-Chemex preparation labwo rk consisted of splitting and grinding

each sample to fine pulp culminates followed by the shipment of 150 grams of this pulp to the

ALS-Chemex Vancouver, British Columbia analytical l aboratory where gold analysis by 30 gram

fire assay with AA finish of dissolved final metal mixture was completed. In addition a second

small sample fraction was dissolved in 4-acid mixtu re and processed for ICP determination of a

standard 35-element package. Ethos relied upon ALS Chemex routinely 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.

Qualified Person

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

under National Instrument 43-101, is supervising the La Purisima trenching and drilling program

and has read, reviewed, and approved this release. Jo Price, M.Sc., MBA, P.Geo, VP Exploration

of the Company and a Qualified Person as defined un der National Instrument 43-101 has also

reviewed and approved this release.

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About Ethos Gold

Ethos Gold is exploring the La Purisima gold projec t (earning 100%) in Chihuahua Mexico, the

Iron Point Carlin gold project (earning 50% from Vi ctory Metals Inc: TSX-V: VMX) 22 miles east

of Winnemucca, Nevada, and the Perk-Rocky copper-gold porphyry project (earning 100%), 220

km west of Williams Lake, British Columbia. La Pur isima is a near surface, bulk tonnage, oxide

gold target, and a maiden drill program will commen ce shortly. Iron Point is a Lower Plate

hosted Carlin style gold target, and a planned prog ram of three vertical holes to test this target

will commence shortly under the supervision of Dr. Quinton Hennigh. Perk-Rocky is a copper-

gold porphyry target, and an exploration program in cluding detailed airborne geophysics and

ground mapping and sampling will commence shortly.

Ethos currently has cash of approximately $Cdn 6.8 million and 54.6 million shares issued. In

2019 Ethos plans to spend an aggregate of approxima tely $Cdn 1.8 million on the maiden drill

programs at La Purisima and Iron Point, and on the initial work program at Perk-Rocky.

Ethos is also earning into the Pine Pass and Ursula vanadium projects (100% earn-in) in north-

central British Columbia. In March 2019 Ethos recei ved notice from the Province of British

Columbia that the mineral tenures making up its Pin e Pass vanadium project are included in an

area under consideration for an immediate moratorium on development proposals and possible

inclusion in an expanded environmental protected ar ea, and in light of this notice has

suspended work on its vanadium projects.

For additional information please contact Tom Marti n at E: [email protected] P: 1-250-

516-2455 or view the Company’s website, www.ethosgold.com and the Company’s SEDAR

profile at www.sedar.com .

Ethos Gold Corp.

Per: "Craig Roberts"

Craig Roberts, P.Eng., President & CEO

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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 Com pany’s planned exploration programs at its La Puris ima, Iron

Point, and Perk-Rocky projects. 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

historical facts; they are generally, but not alway s, identified by the words "expects," "plans," "ant icipates,"

"believes," "intends," "estimates," "projects," "ai ms," "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 Company cautions that Forward-looking statements

are based on the beliefs, estimates and opinions of the Company's management on the date the statement s are

made and they involve a number of risks and uncerta inties. Consequently, there can be no assurances th at such

statements will prove to be accurate and actual res ults and future events could differ materially from those

anticipated in such statements. Except to the exten t required by applicable securities laws and the po licies of the

TSX Venture Exchange, the Company undertakes no obli gation to update these forward-looking statements i f

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 forward-looking statements include the ri sk of accidents

and other risks associated with mineral exploration operations, the risk that the Company will encount er

unanticipated geological factors, or the possibilit y that the Company may not be able to secure permit ting and

other agency or governmental clearances, necessary to carry out the Company's exploration plans, and t he risk of

political uncertainties and regulatory or legal cha nges in the jurisdictions where the Company carries on its

business that might interfere with the Company's bu siness and prospects. The reader is urged to refer to the

Company's reports, publicly available through the C anadian Securities Administrators' System for Elect ronic

Document Analysis and Retrieval (SEDAR) at www.seda r.com for a more complete discussion of such risk f actors

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.