Ethos mentioned in the Morning Coffee report

May 30, 2012

Ethos Gold* (ECC : TSX-V : $0.81), Net Change: 0.14, % Change: 20.90%, Volume: 313,389

Getting in ahead of the next Yukon gold discovery? Yukon gold explorer, Ethos Gold, received a strong bump Friday as

investors look to acquire a position ahead of the company's first set of drill results. Ethos announced recently that drilling has

commenced on its Betty Gold Property, Yukon Territory. The 2012 exploration program is budgeted at $7.3 million and

primarily consists of a planned 16,000 m of drilling using two drills, and the collection of 10,000 soil samples. Given its

proximity to other Yukon discoveries and successful soil sampling and prospecting program, Ethos is thought to have a good

chance to make the next significant gold discovery in the second-coming of the Yukon gold rush. Ethos' management

highlighted that initial exploration in 2011 on the Betty Gold Property discovered the Mascot Creek gold target, which is

comprised of a ~17 sq km gold-in-soil anomaly that yielded gold in prospecting rock grab samples up to 24.8 g/t Au and gold

intervals in trench pits with the best result averaging 7.3 g/t Au over 50 m. One reverse circulation (RC) rig has commenced

drilling the first of approximately 40 holes totalling 6,000 m, with an additional diamond core rig to be mobilized to begin

drilling as the 2012 program advances. The principal objective of RC drilling is to identify gold grades over width in bedrock

beneath gold-bearing surface trench pits. The diamond core rig will be used to follow up and systematically evaluate gold

mineralization identified in bedrock by RC drilling.

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