Ethos Gold Corp.

Ethos Gold is a well financed exploration company, led by a highly qualified team
with over 100 years of collective experience in mining and finance.
  • TSX-V
  • ECC
  • 1ET
Share Price
  • $0.24
  • US$0.185
  • €0.156
  • 5.1M
  • Avg. Ex. Price: $0.20
  • 24.9M
  • Avg. Ex. Price: $0.30
0 M
Shares Outstanding
0 M
Diluted Shares Outstanding
$ 0 M
Market Capitalization
$ 0 M

Selective Project Strategy

Ethos Gold is a Discovery Group company pursuing gold and copper discovery in district scale projects in world class mining camps in Quebec, Ontario, British Columbia, and Nevada.
The Ethos team team includes Dr. Robert Brozdowski, P.Geo.

Dr. Robert Brozdowski, P.Geo.

  • Over 30 years diverse exploration experience emphasizing magmatic Ni-Cu-PGE & gold, including uranium, VMS, SEDEX, and IOCG deposits.
  • Obtained Ph.D. Geology from Western University, London, ON, M.A. Geology from Temple University, Philadelphia, PA), and a B.S. Geosciences from Pennsylvania State University.
; Dan MacNeil, M.Sc., P.Geo

Dan MacNeil, M.Sc., P.Geo.

  • Economic geologist specializing in precious and base metals with over 19 years of experience in a wide variety of geological settings in the Americas, Europe, Eastern Europe and the Near East.
; Dr. Alan Wainwright, P.Geo., FSEG

Dr. Alan Wainwright, P.Geo., FSEG

  • Economic geologist with 20+ years of mineral exploration and research experience in North America, South America, Europe and Asia, focused on base metals and gold.
; Dr. Quinton Hennigh

Dr. Quinton Hennigh

  • Economic geologist with 25 years of exploration experience, mainly gold related.
  • Obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.
; and Marc L’Heureux, M.A.Sc., P.Geo.

Marc L’Heureux, M.A.Sc., P.Geo.

  • Economic geologist with a tenure of more than 25 years in the industry. He has worked on gold, nickel, base metals, and diamond projects in North and Latin America.
With approximately $7 million in working capital Ethos is well funded to advance its projects.
Ethos is currently advancing five projects with large discovery potential, with field work including high resolution geophysics, sampling, mapping, data compilation in interpretation.
All five of these projects are anticipated to be drill ready in the first half of 2021.

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Savant Lake


70% (earn in): Extensive Sheared Iron Formation Hosted Gold

  • Potential for a large bulk tonnage porphyry Cu-Au deposit
  • Potential for a high-grade gold deposit
  • New copper-gold discoveries madeover several kilometres
  • Analogies with the El Salvador deposit
  • Road Accessible, under-exploredand never drilled
Key Terms
  • Ethos can earn a 70% interest in Savant Lake by making the following cash payments, share payments, and work commitments:
Cash Shares Work Commitment
On Signing $50,000 $2,000,000
Sep 20, 2021 $50,000 $2,000,000 $500,000
Sep 20, 2022 $50,000 $2,000,000 $1,000,000
Sep 20, 2023 $50,000 $2,000,000 $500,000
Total $200,000 $8,000,000 $2,000,000
  • Additionally, if a mineral resource in excess of 1 million oz of gold is defined on the property Ethos will make payments to New Dimension of $50,000 and 2 million common shares of Ethos


British Columbia

100% (earn in): Copper-Gold Porphyry Target, Cu-Au Mineralization Over 5 km x 3 km Area

  • Ethos plans to conduct a high-resolution helicopter-based aeromagnetic survey in October 2020.
  • Field vetting in spring 2021, and subsequent drill testing later in 2021.
  • Orientation basal till sampling program over a select 10 km x 2 km area.
  • Till along southeastern project area which contains numerous high-grade gold prospects.
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



100% (owned): District Scale Iron Formation Hosted Gold

  • Staked 2 claim blocks Sable (23.4k Ha) and Hamard (5.4k Ha) representing district scale coverage of a poorly explored Archean greenstone belt.
2020 Planned Exploration
  • A detailed aeromagnetic survey is planned for the claim blocks, to assist in defining the regional structural framework, but also to directly define areas of magnetite-bearing iron formation.
  • Soil sampling and prospecting.

Fuchsite Lake


100% (owned): District Scale Iron Formation Hosted Gold

  • Staked Fuchsite Lake claim block (3,744 Ha) covering unexplored Archean greenstone belt near Armstrong, Ontario.
2020 Planned Exploration
  • A detailed aeromagnetic survey is planned for the claim blocks, to assist in defining the regional structural framework, but also to directly define areas of magnetite-bearing iron formation.
  • Soil sampling and prospecting.

Iron Point


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

  • 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.



70% (earn in): Abitibi gold-rich VMS (LaRonde type)

  • Igneris is an Archean-age gold rich VMS target, with similarities to Bosquet-LaRonde.
  • A large hydrothermal footprint includes two main zones of approximately 200 to 300 meters thick and more than 1.8 kilometers long, suggesting a sizeable and deep-seated mineralized system.
2019-2020 Exploration
  • A total of 14 drill holes totalling 8318 meters have been completed testing three types of targets:
    • Geological targets - purple ellipses.
    • Geophysical targets - green ellipses.
    • 1 till target - gold ellipse.
  • Significant grades of silver and base metals reaching up to 10.1 g/t Ag and 0.18% Cu over 9.0 meters (drilling LI-19-06) and 26.4 g/t Ag and 0.43% Zn over 5.0 meters (hole LI-19-07) were intersected in the Central zone;
    • All of the tested chargeability anomalies were associated with pyrite mineralized zones ranging from disseminated to semi-massive.
Key Terms
  • Initial 51% interest in the Ligneris Project from Société d'exploration minière Vior Inc. (“Vior”) (TSXV:VIO) by:
    • Incurring Cdn $750,000 in expenditures per year over the first four years of the agreement commencing June 2019 ($3.0 million in total).
    • Issuing to Vior 1.0 million Ethos common shares.
  • Following an earn-in to 51%, Ethos will have 60 days to elect to earn a further 19% interest (to a total 70% interest) by spending an additional $4 million over the subsequent three years.
    • No cash is payable by Ethos to Vior.
    • No royalties are payable on Ligneris and none are created through this earn-in.

Ridgeline Minerals Corp.


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

  • 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)


British Columbia

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

  • 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.

Campbell Lake Gold-VMS


100% (earn in): Interest in the 3488 Hectare (34.88 km2) Campbell Lake Gold Project

  • A ~10km long prospective alteration corridor was identified by Ontario Government bedrock mapping initiatives in the area from the late 1970’s (Report 251).
  • Extensive sulphide mineralization is described near a regionally significant mafic volcanic – metasedimentary contact zone with reports of significant alteration “sericite schist” along the trend.
  • The property hosts numerous shear zone and iron formation hosted gold prospects associated with Pb and Ag minerals. Reports suggest the enveloping folded iron formation may exceed 90m thick.
  • No modern exploration work has been reported in over 60 years despite prospective geology and relatively good access.
  • Ethos is currently completing a high resolution airborne magnetic survey and acquiring detailed satellite imagery this Fall and follow up prospecting and sampling Is expected to begin in the spring of 2021.
Planned Work Program
  • Ethos is completing a high resolution airborne magnetic survey and acquiring detailed satellite imagery.
  • Follow up prospecting and sampling is expected to begin in the spring of 2021 designed to ground truth geophysical targets and reports of alteration and surface mineralization from previous government sources.
Key Terms
  • Ethos can earn a 100% interest in Campbell Lake by making the following cash and share payments at its option:
    • Cash payment of $10k and 600k shares upon signing.
    • 600k shares on completion and evaluation of airborne geophysical survey.
    • 600k shares at 12 months.
    • 1.8 million shares at 24 months.

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