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VANCOUVER, Jan. 21 /CNW/ - Entree Gold Inc. (TSX:ETG; NYSE AMEX:EGI;
Frankfurt:EKA - "Entree" or the "Company") is pleased to announce that
it has appointed Bruce Colwill, C.A. as its Chief Financial Officer
effective February 1, 2011.


"We welcome Bruce to Entree, and look forward to a long and productive
relationship with him," commented Greg Crowe, Entree's President &
CEO. "Bruce will be an integral part of our executive team as we
advance our current projects and seek to grow the Company in the
future."


Mr. Colwill has over 20 years of experience with public and private
companies, in a variety of sectors including oil and gas, biotech,
financial services and manufacturing. Most recently, Mr. Colwill
served as Chief Financial Officer of Transeuro Energy Corp., a public
oil and gas company. Between 2001 and 2009, Mr. Colwill served as
Chief Financial Officer of Neuromed Pharmaceuticals Ltd. Mr. Colwill
began his career with KPMG, first in Canada and then in Poland.


Hamish Malkin will step down from the position of CFO effective January
31, 2011, although he will continue to provide consulting services
during a transition period. Entree wishes to acknowledge Mr. Malkin's
service to the Company over the last seven years. Greg Crowe
commented, "Hamish has been with us since the early days in 2003, and
has helped us grow from a market capitalization of less than $2 million
to over $300 million. We offer our thanks and wish him well in his
future endeavours."


ABOUT ENTREE GOLD INC.


Entree Gold Inc. is a Canadian mineral exploration company focused on
the worldwide exploration and development of copper and gold
prospects. The Company's flagship Lookout Hill property in Mongolia
completely surrounds the 8,500-hectare Oyu Tolgoi project of Ivanhoe
Mines. A portion of the Lookout Hill property is subject to a joint
venture with Ivanhoe Mines, through its subsidiary Oyu Tolgoi LLC. The
joint venture property hosts the Hugo North Extension copper-gold
deposit and the Heruga copper-gold-molybdenum deposit. Excellent
exploration potential remains on the joint venture property for the
discovery of additional mineralized zones.


In North America, the Company is exploring for porphyry-related copper
systems in Nevada, Arizona and New Mexico. The primary asset is the
Ann Mason property in Nevada, which contains an inferred mineral
resource and considerable potential for additional targets.


The Company is also seeking additional opportunities to utilize its
expertise in exploring for deep and/or concealed ore deposits. Rio
Tinto and Ivanhoe Mines are major shareholders of Entree, holding
approximately 13% and 12% of issued and outstanding shares,
respectively.