Ethos Acquires 1,460 Additional Claims By Staking in the White Gold District, Dawson Range, Yukon
Published : June 06, 2011
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Keywords :   Copper | Gold | Market | Molybdenum | Silver |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2011) - Ethos Capital Corp. (the "Company" or "Ethos") (News - Market indicators)(OTCQX:ETHOF)(FRANKFURT:1ET) is pleased to announce that it has acquired option rights to an additional 1,460 claims by staking in the highly prospective White Gold District approximately 120 km south of Dawson City, Yukon. The new claims are contiguous with and adjacent to the Betty Property (see November 30, 2010 News Release) and the Bridget Property (see March 3, 2011 News Release) acquired by option from Shawn Ryan and Wildwood Exploration Inc. A total of 166 new contiguous claims were added to the Betty property which adds 30% to the area of the property. The Betty property is situated directly along strike from Kaminak Gold Corporation's Coffee property. A total of 1,294 new contiguous claims have been staked adjacent to the Bridget property which adds 140% to the area of the property. The Bridget property covers the Bridget copper-molybdenum-gold porphyry target and a newly identified gold target associated with a dacitic intrusion. To view a claims map, please CLICK HERE: http://www.ethoscapitalcorp.com/i/maps/yukon/white-gold-claims.jpg

These newly staked claims are deemed to be Tie-In Claims under the terms of the Company's property option agreements with Shawn Ryan and Wildwood Exploration Inc. (collectively the "optionors") and thus become subject to the terms of those agreements, including among others the 2% NSR and buyback provisions as disclosed previously.

Ethos now has a substantial property portfolio totalling 3,647 claims or approximately 763 square kilometres (76,318 hectares) in area of prospective claims in the White Gold District optioned from target generator Shawn Ryan. Ethos' four main properties, plus the small Rude Creek property, are summarized (as of May 30, 2011) in the following Table:

Property Claims Hectares
Wolf 238 5,059
Betty 730 15,259
Bridget 2,191 45,799
Hen 476 9,950
Rude Creek 12 251
TOTALS 3,647 76,318

The small block of 12 "Royal" quartz claims was acquired as part of the Hen Option Agreement (see March 3, 2011 News Release) and is located in the middle of Silver Quest's Rude Creek Gold property.

This news release has been reviewed and approved by Peter Tallman, P.Geo, Chief Operating Officer of Ethos Capital Corp. and Qualified Person for the Yukon projects as defined by National Instrument 43-101.

Gary Freeman, President & CEO

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.

Ethos Capital Corp.
Gary Freeman
604-682-4750
or
Ethos Capital Corp.
Andy Hay
604-682-4750
www.ethoscapitalcorp.com

Ethos Capital Corp.

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CODE : ECC.V
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Ethos is a exploration company based in Canada.

Its main exploration properties are CORRALES and SANTA TERESA in Mexico.

Ethos is listed in Canada. Its market capitalisation is CA$ 22.7 millions as of today (US$ 18.2 millions, € 15.9 millions).

Its stock quote reached its highest recent level on May 13, 2011 at CA$ 1.44, and its lowest recent point on March 20, 2020 at CA$ 0.08.

Ethos has 47 340 000 shares outstanding.

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Financings of Ethos Capital Corp.
4/14/2011Announces Private Placement of up to $15 Million
Project news of Ethos Capital Corp.
5/23/2012Commences Drilling on the Betty Gold Property, Yukon Territo...
3/20/2012Consolidates Yukon Land Holdings
2/28/2012Board Approves $7.3 Million Yukon Exploration Budget for 201...
1/18/2012Reports Gold Trench Results From The Betty Property, White G...
12/8/2011Identifies Gold Soil Anomaly at Wolf Property, Yukon
8/29/2011Expands "Mascot Creek" Gold Soil Anomaly Area Near the Coffe...
8/9/2011Identifies new "Mascot Creek" Gold Soil Anomaly Area Near th...
6/8/2011Commences Exploration In The White Gold District, Yukon
Corporate news of Ethos Capital Corp.
6/22/2016Ethos Grants 1,340,000 Incentive Stock Options
5/12/2016Ethos Completes Private Placement Financing and Welcomes Cra...
4/20/2016Ethos Gold Corp. Announces Appointment of New Senior Officer...
11/24/2015IIROC Trading Resumption - ECC
11/23/2015Ethos Gold Corp. and Zootly, LLC Terminate Proposed Business...
10/26/2015IIROC Trading Halt - ECC
6/16/2015Ethos Gold Corp. Announces Results of Annual General Meeting
2/1/2013Terminates Option to Purchase the Betty And Wolf Properties,...
9/19/2012Completes Second Phase of Exploration at Betty Project, Whit...
4/4/2012Changes Name To Ethos Gold Corp.
11/25/2011Reports On Exercise Of Warrants
10/6/2011Samples 24.8 g/t Au from Trench, 7.3 g/t Au from Soil within...
10/6/2011Samples 24.8 g/t Au from Trench, 7.3 g/t Au from Soil within...
9/12/2011Samples 16.4 g/t Gold And 10 g/t Silver from Trenching "Masc...
7/25/2011Discovers 2.1 g/t Gold Near the Coffee Fault, Betty Property...
7/12/2011Identifies Gold Anomalies in the Coffee Fault, White Gold Di...
7/6/2011Acquires 20 Kilometers of Claims Along Coffee Fault, White G...
6/6/2011Acquires 1,460 Additional Claims by Staking in the White Gol...
5/10/2011Budgets $6 Million for Yukon White Gold District in 2011
5/5/2011Completes $15 Million Private Placement
3/3/2011Acquires Two Additional Properties in the Emerging White Gol...
11/30/2010Acquires Gold Properties in the emerging White Gold District
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