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Entrée Gold Inc. Profile

Entrée Gold Inc. is a Canadian mineral exploration company focused on the worldwide discovery and development of copper and gold prospects. The Company has significant interests in three key copper porphyry deposits: the Hugo North Extension and theHeruga deposits in Mongolia, and the Ann Mason deposit, located near Yerington, Nevada.

The Lookout Hill property in Mongolia completely surrounds the Oyu Tolgoi mining license held by Oyu Tolgoi LLC ("OTLLC"), a subsidiary of Ivanhoe Mines and the Government of Mongolia. A portion of Lookout Hill (Shivee West) is 100% owned by Entrée. The remainder is subject to a joint venture with OTLLC. The joint venture property hosts the Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit. The deposits are included in the larger Oyu Tolgoi mining complex - Rio Tinto is the project manager on behalf of OTLLC. Excellent exploration potential remains on the property for the discovery of additional mineralized zones.

In North America, the Company is exploring for porphyry-related copper systems in Nevada and New Mexico. The primary North American asset is the
Ann Mason Project, located near Yerington, Nevada. The Ann Mason deposit hosts an indicated mineral resource estimate of 640 million tonnes averaging 0.41% copper equivalent ("CuEq"), containing approximately 5.3 billion pounds of copper and 97 million pounds of molybdenum and an inferred mineral resource estimate of 444 million tonnes grading 0.38% CuEq, containing approximately 3.5 billion pounds of copper and 39 million pounds of molybdenum, using a 0.30% copper cut-off. The project has considerable potential, both to increase the size of the Ann Mason deposit and to discover additional targets.

Last changed at 24-Jul-2012 12:49PM by AGORACOM