ZEUS IP Survey Outlines Additional Potential at Entrée's Heruga Deposit, MongoliaVANCOUVER, November 23 - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - "Entree" or the Entree Gold Receives Mongolian Mining LicencesVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary, Ivanhoe Mines Mongolia Inc. LLC (TSX: IVN; NYSE: IVN; NASDAQ: IVN - collectively “Ivanhoe Mines”). Mining licences have a 30 year term with two renewals of 20 years each possible. Entree Gold Interests Included in Oyu Tolgoi Investment AgreementVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) has reviewed the Investment Agreement that was signed between Ivanhoe Mines Ltd. (TSX: IVN; NYSE: IVN; NASDAQ: IVN - “Ivanhoe Mines”), its subsidiary, Ivanhoe Mines Mongolia Inc. LLC (”IMMI”), our largest shareholder Rio Tinto (NYSE: RTP; LSE: RIO.L; ASX: RIO.AX) and the Mongolian government on October 06, 2009 and filed October 14, 2009 on SEDAR (www.sedar.com). Entree Intersects 60m of 0.44% Copper Equivalent at Lordsburg, New MexicoVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) has completed six additional drill holes, totaling 2,316 metres on the Lordsburg copper-gold porphyry project in New Mexico. Significant copper and gold results were intersected in four of the six holes and results are reported in the table below. Of particular note, a near surface intersection in hole EG-L-09-012 returned potentially economic grades of 0.25% copper and 0.15 g/t gold over 94 metres, with a copper equivalent(x) (CuEq) grade of approximately 0.35%, including 60 metres averaging 0.44% CuEq. Oyu Tolgoi Investment Agreement SignedVANCOUVER, Canada - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) welcomes the signing of the Investment Agreement between our joint venture partner, Ivanhoe Mines (TSX: IVN; NYSE: IVN; NASDAQ: IVN - “Ivanhoe Mines”), our largest shareholder Rio Tinto (NYSE: RTP; LSE: RIO.L; ASX: RIO.AX) and the Mongolian government. The successful conclusion to the negotiations paves the way for the development of Entree’s Hugo North Extension and Heruga deposits as part of the overall construction and operation of the massive Oyu Tolgoi mining complex. Signing Date Set for Investment Agreement - The Next Stage for Development of Oyu Tolgoi and Entrée’s Lookout HillVANCOUVER - Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entrée” or the “Company”) welcomes the announcement that the Investment Agreement between our joint venture partner, Ivanhoe Mines (TSX: IVN; NYSE: IVN; NASDAQ: IVN - “Ivanhoe Mines”), our largest shareholder Rio Tinto (NYSE: RTP; LSE: RIO.L; ASX: RIO.AX) and the Mongolian government will be signed on October 6, 2009 in a state ceremony. Entree Gold Announces Option Agreement in Yerington District With Bronco Creek ExplorationVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) announces that the Company has entered into an agreement with Bronco Creek Exploration Inc. (”Bronco Creek”), a private exploration company based in Arizona, to explore for and develop porphyry copper targets in the Yerington district of western Nevada. Bronco Creek has assembled a land package of 214 claims covering over 1,760 hectares (4,350 acres) known as the Roulette Property. The Roulette Property adjoins and is directly south of the Blackjack Property currently under option with HoneyBadger Exploration Inc. (TSX.V:TUF - “HoneyBadger”). Entrée Gold Finalizes Agreement With HoneyBadger ExplorationVANCOUVER, Canadá - Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entrée” or the “Company”) announces that the Company has completed due diligence and received regulatory approval for the option agreement with HoneyBadger Exploration Inc. (TSX.V:TUF - “HoneyBadger”) previously announced on July 23, 2009. Entree Gold Announces Option Agreement With HoneyBadger ExplorationVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) announces that the Company has entered into an agreement with HoneyBadger Exploration Inc. (TSX.V:TUF - “HoneyBadger”) to explore for and develop porphyry copper targets in the Yerington porphyry copper district of western Nevada. HoneyBadger has assembled a substantial land package covering over 12,500 acres (5,080 hectares), known as the Yerington West Project. Entree Gold Exploration ReviewVANCOUVER - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entree” or the “Company”) has been active in the advancement of its properties in Mongolia, the United States and China. Exploration programs are still underway and further results will be reported after a complete tabulation of the data. Entrée Gold Expands Lordsburg Copper-Gold SystemVANCOUVER, Canada - Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - “Entrée” or the “Company”) has expanded its Lordsburg copper-gold discovery in New Mexico, intersecting significant intervals of porphyry-style copper-gold mineralization in three additional holes. Of particular note, a near surface intersection in hole EG-L-09-006 returned potentially economic grades of 0.2% Cu and 0.2 g/t Au over 118 metres (390 feet). |