Entrée Gold Provides Exploration Update for 2010

By Entree Gold Inc., PRNE
Monday, April 12, 2010

VANCOUVER, April 13, 2010 - Entrée Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA - "Entrée" or the
"Company") is initiating exploration programs on several of its globally
diversified projects.

Mongolia

A field crew has been mobilized to commence the 2010 Lookout Hill
exploration program on Entrée's 100%-owned western portion of the Shivee
Tolgoi mining licence ("Shivee West"), adjacent to the Oyu Tolgoi mine
development project. Previous deep penetrating geophysical work has been
re-evaluated over the 2009-2010 winter period. The surveys cover a belt of
prospective Devonian rocks identified in earlier programs which are
geologically similar to the Devonian-aged setting of the Entree-Ivanhoe Mines
joint venture deposits, Hugo North Extension and Heruga, and Ivanhoe Mines'
nearby Oyu Tolgoi deposits. The geophysical re-evaluation will be combined
with further geochemical and geological surface work to generate new drill
targets. Approximately 5,000 metres of follow-up drill testing is planned for
later in 2010.

The Company is also working through the mining licence application
process in order to convert all or a portion of its Togoot exploration
licence to a mining licence. A decision regarding the conversion application
is expected shortly.

USA

Empirical Projects

At Bisbee, Arizona, recently completed induced polarization surveys have
outlined an area of high chargeability coincident with the 2 kilometre x 3
kilometre magnetic low that defines the Dixie exploration target. Dixie is
located approximately 6 kilometres north-northeast of the historic Bisbee
mining camp and along a prominent structural trend that extends from Bisbee
northeastward through the Entrée property. Permitting for initial drill
testing and follow-up geophysical surveys is in progress, with a 2,400 metre
drill program planned to commence in late May or June, 2010. Additional
induced polarization surveys are planned to test the 2 kilometre x 3.5
kilometre magnetic low that defines the Abbot target located 10 kilometres
north of Bisbee. The Bisbee camp was the foundation of the Phelps Dodge
mining company (now Freeport McMoRan), and produced over 7 billion pounds of
copper from the late 1800s until 1975.

No work is currently planned at Lordsburg or Oak Grove in New Mexico for
the first half of 2010. Entrée has applied for additional drill permits at
Lordsburg which could allow for a drill program later in the year. During the
2008 and 2009 field seasons, Entree personnel were successful in discovering
a new copper-gold porphyry system near Lordsburg. This area was previously
known only for vein-style gold-silver-copper mineralization. Additional
drilling would be directed towards expanding the current drill defined
copper-gold porphyry zone.

Yerington Projects

Field work has commenced on the Blackjack property located in the
historic Yerington copper camp of Nevada. The property is held under option
from Honey Badger Exploration and covers approximately 10,500 acres. The
permitting of seven exploration drill holes totaling 2,800 metres is in the
final stages of being approved with drilling scheduled to begin in May, 2010.
Work is currently underway and consists of nine lines of induced polarization
geophysical surveys totaling approximately 43 line kilometres designed to
identify potential drill targets in portions of the property that have not
been fully explored. The Yerington district, with historical copper
production of approximately 1.8 billion pounds of copper, is presently one of
the most active base metal exploration areas in the USA, with programs
underway by Nevada Copper Corp. and Quaterra Resources Inc.

Permitting of exploration drilling on the adjoining Roulette property
held under option from Bronco Creek Exploration is also in progress. Four
drill holes, totaling 2,800 metres, are planned to test coincident
geological, geochemical and geophysical targets. Drilling of the Roulette
property is expected to start after the completion of drilling at Blackjack.

Canada

On the Crystal copper-molybdenum project in central British Columbia, a
contract has been signed with Aeroquest Limited for a 550 line kilometre
airborne magnetic and electromagnetic geophysical survey covering the Crystal
claims. The survey will be flown using the advanced helicopter-borne AeroTEM
III system. Following receipt and interpretation of the airborne results,
follow-up ground prospecting and geological mapping will be undertaken. Based
on the results of this work, initial drill testing may be undertaken in the
latter half of the year.

PacMag Transaction

Preparation of the Scheme booklet outlining the proposed transaction is
near completion. Once the booklet is accepted by the Australian courts, it
will be mailed out to PacMag shareholders for their consideration and to
provide information for the shareholder vote necessary to approve the
transaction. Assuming positive approvals by the courts and PacMag
shareholders, completion of the transaction is expected in late May or early
June.

ABOUT ENTRÉE GOLD INC.

Entrée Gold Inc. is a Canadian mineral exploration company focused on
the worldwide exploration and development of gold and copper prospects. The
Company flagship property is in Mongolia, where it holds two mining licences
(Shivee Tolgoi and Javhlant) and one exploration licence (Togoot). Lookout
Hill completely surrounds the 8,500-hectare Oyu Tolgoi project of Ivanhoe
Mines
, and hosts the Hugo North Extension copper-gold deposit and the Heruga
copper-gold-molybdenum deposit.

Under the terms of the joint venture, Entrée is carried through to
production, at its election, by debt financing from Ivanhoe Mines with
interest accruing at Ivanhoe Mines' actual cost of capital or prime +2%,
whichever is less, at the date of the advance. Debt repayment may be made in
whole or in part from (and only from) 90% of monthly available cash flow
arising from its sale of product. Such amounts will be applied first to
payment of accrued interest and then to repayment of principal. Available
cash flow means all net proceeds of sale of Entrée's share of products in a
month less Entrée's share of costs of operations for the month.

The Company continues to explore its landholdings in Mongolia while also
evaluating new opportunities throughout eastern Asia. Entrée is exploring the
Huaixi copper project in Zhejiang Province in China, under the terms of an
agreement with the No. 11 Geological Brigade.

In North America, the Company is exploring for porphyry-related copper
systems in Arizona and New Mexico under an agreement with Empirical Discovery
LLC. In 2009, Entrée optioned two large contiguous properties, Blackjack and
Roulette, in the Yerington porphyry copper district of Nevada through option
agreements with HoneyBadger Exploration Ltd. and Bronco Creek Exploration
Inc.

In November 2009, Entrée announced an agreement with PacMag Metals
Limited to implement Australian Schemes of Arrangement to acquire all of the
issued shares and options of PacMag. PacMag holds the rights to land
contiguous with the Blackjack and Roulette properties and hosts the Ann Mason
deposit. In British Columbia, Entrée has the right to earn 100% interest in
the early stage copper-molybdenum Crystal property through an agreement with
Taiga Consultants Ltd.

The Company is also seeking additional opportunities to utilize its
expertise in exploring for deep and/or concealed ore deposits. With a
treasury in excess of C$40 million, the Company is well funded for
future activities.

Rio Tinto and Ivanhoe Mines are major shareholders of Entrée, holding
approximately 15% and 14% of issued and outstanding shares, respectively.

This News Release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you
can identify forward-looking statements by terminology such as "may",
"should", "expects", "plans", "anticipates", "believes", "estimates",
"predicts", "potential" or "continue" or the negative of these terms or other
comparable terminology. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may cause our
or our industry's actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements.

While these forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current judgment
regarding the direction of our business, actual results will almost always
vary, sometimes materially, from any estimates, predictions, projections,
assumptions or other future performance suggested herein. Except as required
by applicable law, including the securities laws of the United States, the
Company does not intend to update any of the forward-looking statements to
conform these statements to actual results. Readers are referred to the
sections entitled "Risk Factors" in the Company's periodic filings with the
British Columbia Securities Commission, which can be viewed at www.SEDAR.com,
and with the United States Securities and Exchange Commission, which can be
viewed at www.SEC.gov.

For further information: Monica Hamm, Manager, Investor Relations Entrée
Gold Inc., Tel: +1(604)687-4777, Toll Free: +1(866)368-7330, E-mail:
mhamm@entreegold.com

For further information: Monica Hamm, Manager, Investor Relations Entrée Gold Inc., Tel: +1(604)687-4777, Toll Free: +1(866)368-7330, E-mail: mhamm at entreegold.com

Discussion
June 17, 2010: 6:52 am

Pacmag merger already looking a good investment, Today Blackfire minerals announced great results from the pacmag/blackfire JV mistique gold project in the tropicana gold belt near anglogolds 5Moz reserve…check BFE.AX for latest news

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :