Ethos Gold Corp. announced that Peter Tallman, P.Geo. and Chief Operating Officer of the company, resigned from his executive role effective April 15, 2013. Mr. Tallman will stay on as a consultant to the company as it actively assesses additional projects for acquisition or opportunities for a business combination.

Ethos Gold Corp. is looking forward to acquisition opportunities by actively assessing additional projects for acquisition or potential merger.

Ethos Gold Corp. has released exploration results from reverse circulation drilling (61 holes), grid soils (8,700 samples) and prospecting (166 samples) on the Betty property located in Yukon Territory, Canada within the Tintina Gold Belt. The RC drill holes successfully identified bedrock sources for gold within the 17 square kilometer Mascot Creek gold-in-soil anomaly; the grid soils and prospecting successfully identified tested new gold-in-soil anomalous areas of the Betty property along the Coffee fault. Additional work including diamond drilling is warranted for the Betty property in 2013. Ethos has ample working capital of $9 million to fulfill a 2013 exploration program. The Betty property is situated adjacent to Western Copper and Gold Corp.'s Casino property which hosts 8.3 M oz gold. The Betty property is also situated adjacent to Kaminak Gold Corp.'s Coffee property where ongoing exploration continues to encounter gold mineralization. Ethos' 2012 exploration on the Betty property targeted the 17 square kilometer Mascot Creek gold-in-soil anomaly outlined by Ethos in 2011 and where Ethos identified gold in pit trenches at widespread locations. The anticipated geological target was bulk-tonnage epithermal mineralization similar to Kaminak's Coffee property; instead the gold mineralization intersected by RC drilling within the Mascot Creek anomaly is developed within "bonanza veins" which exhibit colloform quartz and bladed calcite indicative of epithermal or bonanza silver-gold environments of deposition. total of 61 reverse circulation drill holes were completed testing this large area. Drill holes were generally spaced 200 meters to 500 meters apart on interpreted soil/fault structures, to maximize the area tested. For example, holes BETR12-023 and -024 tested the same fault target at 500 meter spacing, and holes -004, -003, -002, -001, -018, and -048 tested the Bond target over a 2 km strike length also at approx. 500 meter spacing. Highlights of the widespread drilling include: BETR12-012: 3.0 meters of 29.8 g/t Au and 27 g/t Ag (30.3 g/t AuEq) from 27.2 meters. BETR12-014: 12.2 meters of 2.0 g/t Au and 19 g/t Ag (2.4 g/t AuEq) from 108.2 meters. BETR12-022: 41.1 meters of 2.6 g/t Au and 107 g/t Ag (4.7 g/t AuEq) from 16.8 meters. BETR12-023: 1.5 meters of 3.8 g/t Au and 292 g/t Ag (9.6 g/t AuEq) from 78.7 meters. BETR12-024: 1.5 meters of 0.9 g/t Au and 280 g/t Ag (6.5 g/t AuEq) from 14.9 meters. BETR12-027: 1.5 meters of 1.1 g/t Au and 98 g/t Ag (3.1 g/t AuEq) from 15.3 meters and also 22.9 meters of 0.5 g/t Au from 103.6 meters. BETR12-052: 3.0 meters of 0.9 g/t Au and 91 g/t Ag (2.7 g/t AuEq) from 83.8 meters. BETR12-061: 3.0 meters of 0.9 g/t Au and 85 g/t Ag (2.6 g/t AuEq) from 106.7 meters.