Entrée Gold Grants Stock Options
June 9, 2005
Vancouver, B.C., Thursday, June 9, 2005 - Entrée Gold Inc. (TSX-V: ETG – “Entrée” or the “Company”) announces the grant of options to purchase up to 2,545,000 shares of the Company exercisable at a price of $1.75 per share for a term of five years. The grant of stock options is being made under the terms of the Company’s stock option plan.
ABOUT ENTRÉE GOLD INC.
Entrée Gold Inc. (www.entreegold.com) is an exploration stage junior resource company engaged in the exploration of gold and copper prospects. The Company is a large landholder in Mongolia’s south Gobi Desert, near the Chinese border. Entrée maintains 100% royalty-free interest in the 179,590 hectare Lookout Hill (Shivee Tolgoi) property which completely surrounds Ivanhoe Mines Ltd.’s (Ivanhoe’s) 8,500 hectare Turquoise Hill (Oyu Tolgoi) holdings. Ivanhoe has an earn-in agreement with Entrée whereby Ivanhoe can earn up to an 80% interest in a project area covering approximately 22% (approximately 40,000 hectares) of Entrée’s Lookout Hill property by spending US$35 million on the project and financing Entrée’s subsequent share of project expenditures. The Company is a Tier 1 listed company that trades on the TSX Venture Exchange under the symbol “ETG”.
Email: [email protected]
Entrée Gold Inc.
Mona Forster, Business Manager
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.