Ethos Gold Inc. (OTCQB:ETHOF)

Ethos Gold, a Discovery Group company, has accumulated a portfolio of district scale projects in British Columbia, Ontario, Quebec, Newfoundland, and Nevada that we believe have large scale discovery potential. The Company has a strong technical team led by Dr. Rob Carpenter, formerly the CEO of Kaminak Gold Corporation. Rob led the Kaminak team from initial listing in 2005 through acquisition and discovery of the multiple-million ounce Coffee Gold Project. In Ethos he has assembled a senior geologic team with a strong record of discovery success including Dr. Robert Brozdowski, P.Geo., Dan MacNeil, M.Sc., P. Geo, and Dr. Alan Wainwright, P.Geo. Dr. Quinton Hennigh, an economic geologist with 25 years of exploration experience formerly with Homestake Mining Company, Newcrest Mining and Newmont Mining Corp oversees the Company’s work at the Iron Point project in Nevada. With working capital of approximately C$4.5 million, the Company is well funded to advance its projects.

Projects:

Gaffney, BC:

BRITISH COLUMBIA:

100% (earn in): Interest in 8,172 Hectare (82 km2) Gaffney Gold Property

HIGHLIGHTS:

-The project is situated in the Eastern Cordillera Gold belt.
-Linear trends (+6 Km and +4km) of high-tenor gold-in-soil geochemical anomalies with soil values up to 2.95 g/t gold.
-Soil anomalies including silver; arsenic; antimony – pathfinders for orogenic gold deposits.
-With good access initial field work will be relatively low cost.
-PLANNED WORK PROGRAM
-Ethos plans to complete the following work program during Q4 2020 to Q3 2021:
-Mapping, prospecting and sampling program.
-Infill soil survey.
-Lidar survey.
Aeromagnetic survey.
-Follow-up trenching or (short-hole) auger drilling campaign.

KEY TERMS:

-Ethos can earn a 100% interest in Gaffney by making the following cash and share payments:
-Cash payment of $15k and 600k shares upon signing.
-600k shares at 12 months.
-600k shares at 24 months.
-600k shares at 36 months.

Perk Rocky, BC:

100% (earn in): Copper-Gold Porphyry Target, Cu-Au Mineralization Over 8 km x 5 km Area.

HIGHLIGHTS:

-Potential for a large bulk tonnage porphyry Cu-Au deposit.
-New copper-gold discoveries made over 8 km x 5 km area.
-Road accessible, under-explored and never drilled.
-Hallmarks of a strong telescoped porphyry system present.
-Potential also for high-grade, vein hosted gold mineralization on the periphery of the porphyry target areas

KEY TERMS:

-100% earn-in option
-$690K Cash payments / 2.9M Shares over 3 years.
-3% NSR can be brought down to 1.0% NSR.
-Incurring a minimum of $350K in exploration costs on or prior to first anniversary of execution date (completed).
-Milestone Payments: US$3.85 million following 100% earn-in.

Iron Point:

Nevada:

50% (earn in): Carlin-type Gold Along 8 km Trend.

OVERVIEW:

-Ethos can earn a 50% undivided interest in the gold and silver rights at Iron Point property by spending CDN$ 5 million over three years.
-A recent review by Lewis Teal, a recognized Carlin expert, has confirmed that the 2019 Ethos drilling penetrated productive Lower Plate carbonate stratigraphy prospective for Carlin-type gold targets.

PHASE 2

-Ground-based gravity and magnetic surveys as well as select CSAMT lines.
-Conduct an assay program on samples previously not tested for gold, mercury, arsenic, antimony and other pathfinder elements.
-MDA will update their 3D model with this new data, which will then be utilized for drill hole targeting.

Ridgeline Minerals Corp.:

Nevada:

TSXV: “RDG” (equity ownership): Carlin-type gold.:

OVERVIEW:

-100% ownership of 3 projects on theCarlin and Battle Mtn – Eureka Trend
-Selana
-Carlin East
-Swift
-116 km2 exploration portfolio
-Ethos own 1.9M shares (paid $0.22/sh)
-IPO in August 2020
-Recent close: $0.64 (Aug. 19)

Fairchild Lake Gold Project:

Ontario:

100% (earn-in) interest in the 2,228 ha (22.8 km2):

HIGHLIGHTS:

-The property covers a 15km long segment of the regionally significant Kashawogama Lake Shear Zone (KLSZ).
-Previous government mapping initiatives describe the KLSZ as a brittle – ductile high strain zone that separates granitoid rocks in the north from mafic volcanic and sedimentary rocks in the south.
-Coarse conglomerate rock units are noted within the core of the shear zones and the Ethos technical team has tentatively interpreted these units as “Timiskaming-like” in appearance, thereby reinforcing the KLSZ as a potentially important structure for hosting gold mineralization.
-This is the diagnostic structural setting for orogenic (vein hosted) gold deposits that occur in the Superior Province of Ontario and elsewhere.

PLANNED WORK PROGRAM:

Ongoing desktop research reviews of available data is currently being completed by the Ethos technical team and priority structural and stratigraphic targets are being generated for field follow-up in the spring of 2021. The initial field program will consist of ground truthing of priority targets as well as comprehensive prospecting along the length of the Kashawagama Lake Shear Zone in hopes of generating trench and drill targets for Q4 2021.

KEY TERMS:

-Ethos can earn a 100% interest in Fairchild Lake Gold Project by making the following cash and share payments at its option:
-Cash payment of $5k and 500k shares upon signing.
-500k shares at 9 months.
-500k shares at 18 months.

Savant Lake:

Ontario: