Initial Vanadium Sampling Results Received Ethos Increases Land Position and Commences Trenching Program

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

Initial Vanadium Sampling Results Received

Ethos Increases Land Position and Commences Trenching Program

Vancouver, BC – September 25, 2018, Ethos Gold Corp . (“ Ethos ” or the “ Company ”)

(TSXV:ECC) (OTCQX:ETHOF) is pleased to announce pro gress at its Pine Pass and Ursula

vanadium projects in in north-eastern British Colum bia approximately 70 kilometers west of

Chetwynd, and 200 kilometers north of Prince George.

Assays from initial soil, stream sediment and rock sampling programs completed in early August

2018 on both projects have now been received. A to tal of 410 soil samples were assayed with

results ranging from trace up to a maximum of 5,700 ppm V (1.02% V2O5). Additionally 80 rock

samples were assayed with results ranging from trac e to up to a maximum of 3,540 ppm V

(0.63% V2O5). An additional 21 stream and silt sample assays ranged from trace to up to a

maximum of 1,510 ppm V (0.27% V2O5).

Pine Pass Vanadium Project

The Pine Pass sediment hosted vanadium property con tains one or more mineralized horizons

within a shallowly NW plunging syncline. The fold nose of the vanadiferous horizon is exposed

in road cuts along the John Hart Highway where a se mi-continuous section of mineralized rock

is exposed over a +100 meter wide section.

First pass exploration in July/August (Phase 1) focused on tracing the mineralized zone(s) along

strike to the NW. The program was successful in tr acing the mineralized horizons for

approximately 10 km. A second exploration program is now underway (Phase 2) and will

include detailed soil sampling, trenching, rock sam pling and geological mapping. To date the

program has delineated the mineralized horizons on the east and west limbs of the syncline.

Work will continue at least until early October or as weather permits.

Based on these results Ethos has now increased its claim area at Pine Pass to 3,752 Ha to

cover additional prospective areas.

Ursula Vanadium Project

At the Ursula property, Phase 1 soil, rock and stre am sediment sampling outlined similar strata-

bound, sediment hosted vanadium mineralization. Ut ilizing these results, current Phase 2 work

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at Ursula includes soil and stream sediment samplin g as well as trenching, sampling and

geological mapping. The goal of this work is to ou tline the dimensions of the vanadiferous

horizon(s).

Based on these results Ethos has now increased its claim area at Ursula to 3,564 Ha to cover

additional prospective areas.

Phase 2 Work Program

Ethos has allocated a budget of approximately C$270 ,000 for the Phase 2 work at Pine Pass

and Ursula. Should ground conditions remain favora ble, it is expected that up to 5,000m of soil

sampling transects and 600m of hand trenching will be conducted in Phase 2. Phase 2 results

are expected to help delineate targets for trenchin g and/or diamond drilling in subsequent

exploration work.

QA/QC, Qualified Person, and Contact

All samples were delivered to ALS Chemex in North Vancouver, British Columbia for analysis of

select elements by ICP-MS analysis using 4 acid-dig estion. Quality control entailed ALS

Chemex inserted blanks and standards into the sampl e stream. Reported standard and blank

assay values were within an acceptable margin of er ror. Analysis of trench samples as part of

Phase 2 work program includes insertion of company standards and blanks in addition to ALS

Chemex inserted reference materials.

Work at Pine Pass and Ursula is being supervised by Jo Price, M.Sc., MBA, P .Geo who has

been retained by Ethos on a consulting basis. Mel Herdrick, a director of and consultant to the

Company, is a Qualified Person as defined under Nat ional Instrument 43-101, has read and

approves this release.

For additional information please contact Craig Rob erts at 604-682-4750 or 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

securities legislation, including statements regarding future exploration plans on the Pine Pass and U rsula

projects. Although the Company believes that such s tatements are reasonable, it can give no assurance

that such expectations will prove to be correct. Fo rward-looking statements are statements that are no t

historical facts; they are generally, but not always, 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" o ccur, or

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are those statements, which, by their nature, refer to future events. The Company cautions that Forwar d-

looking statements are based on the beliefs, estima tes 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 that such statements wil l prove to be accurate and actual results and futur e

events could differ materially from those anticipat ed in such statements. Except to the extent require d by

applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no

obligation to update these forward-looking statemen ts if management's beliefs, estimates or opinions, or

other factors, should change. Factors that could ca use future results to differ materially from those

anticipated in these forward-looking statements inc lude the risk of accidents and other risks associat ed

with mineral exploration operations, the risk that the Company will encounter unanticipated geological

factors, or the possibility that the Company may no t be able to secure permitting and other government al

clearances, necessary to carry out the Company's ex ploration plans, and the risk of political uncertai nties

and regulatory or legal changes in the jurisdiction s where the Company carries on its business that mi ght

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

reports, publicly available through the Canadian Se curities Administrators' System for Electronic

Document Analysis and Retrieval (SEDAR) at www.seda r.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.