Ethos acquires 1,460 additional claims by staking in the White Gold District, Yukon

Ethos Capital Corp.  (TSX VENTURE:ECC)(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 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.

For the full news release click here

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