SCHEFFERVILLE GOLD PROJECT

Project Overview The district scale Schefferville Project is centered on a structural corridor characterized by faulted and sheared rocks extending for approximately 60 km on the Sable block, and 10 km on the Hamard block. The in-house technical team at Ethos has identified several key areas along this fault zone that it believes hosts gold mineralization. As a result, the Company subsequently staked 342 km2 to cover most of the prospective ground (see August 5, 2020 news release). Acquisition of both the Bassano block (see September 4, 2020 new release) and now these additional claims, has allowed Ethos to consolidate these key areas under control of one group. Ethos can now explore the region on a true district scale which it hopes will enable an efficient and effective exploration program