MI3 Communications Financières proudly launches its new Market Intelligence program with Entrée Gold, ETG.TO

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MI3 Communications Financières proudly launches its new Market Intelligence program with Entrée Gold, ETG.TO
http://www.Mi3.ca - Aug 31, 2011

MI3 Communications Financières proudly launches its new Market Intelligence program with Entrée Gold, ETG.TO a Canadian mineral exploration company focused on the worldwide exploration and development of copper and gold projects.

*** The Company's Lookout Hill property in Mongolia completely surrounds Ivanhoe Mines' Oyu Tolgoi project. 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.

*** In North America, the Company is exploring for porphyry-related copper systems in Nevada, Arizona, New Mexico. The primary asset in Nevada is the Ann Mason property, which contains a deposit with an inferred mineral resource estimate and potential (approx. 7.1 Billion pound of Copper) to upgrade as well as expand. The property also hosts the Blue Hill copper oxide target located approximately 3 km northwest of Ann Mason.

Highlights

Announcement of encouraging assay results from three deep diamond drill holes on the Ann Mason deposit in Nevada, including 584 metres averaging 0.34% copper or 0.38% copper equivalent ("CuEq") in hole EG-AM-10-002 (see news release dated April 29, 2011). This extends mineralization 100 metres north of the nearest historic drill hole at Ann Mason;
In Mongolia, Entrée-Oyu Tolgoi LLC joint venture property drilling is underway:

-one drill rig is testing the continuation of mineralization north of the currently defined reserves on
Hugo North Extension; and

- a second drill rig has been mobilized to focus on the Southwest Heruga target;
Onset of work program on Entree's 100% owned Shivee West property in Mongolia;
Sale of non-core assets, netting over US$3,000,000;
Acquisition of Honey Badger Exploration's interest in the Blackjack property, further consolidating Entrée's ground position in the Yerington copper camp, Nevada;
Submission of Supreme Decree application for the Lukkacha project in Peru;
Continuation of exploration and infill drilling at the Ann Mason property with 12,940 metres drilled to June 30, 2011 (both diamond drilling and reverse circulation);
Drilling at the Blue Hill property copper target with 6,824 metres drilled to June 30, 2011;
Closure of Beijing office in China as of June 30, 2011; and

The Hugo North Extension and Heruga deposits comprise part of the Oyu Tolgoi copper-gold mining complex in Mongolia. Rio Tinto is manager of the project. On August 4, 2011, Rio Tinto announced that first ore production from Oyu Tolgoi is expected by late 2012 with commercial production commencing in 2013.

Link to the website : www.entreegold.com

Call us for further information:
Tel: (514) 904-1333

Nathalie Dion – Project manager
Danny Paulson – Marketing support
Paul Benwell – Market Technician
Patrick Kairns – Market Technician