Entree Gold, with its treasury currently standing at over USD38 million, has announced its 2010 exploration budgets for initial work programs in Mongolia and elsewhere, totaling approximately USD7 million. It has budgeted approximately USD4.0 million for first phase 2010 exploration on Shivee West. The program includes detailed geophysics and approximately 5,000 meters of drilling to test deep geophysical targets and copper, molybdenum, gold soil geochemical targets within a belt of prospective Devonian rocks identified in earlier programs.

On the company”s 100% owned Togoot exploration license, Entree is working with a Mongolian consulting team to prepare a resource estimate for the Nomkhon Bohr coal deposit. This resource estimate will be used in support of a mining license application prior to exploration license expiry at the end of March 2010.

The Manlai exploration license, located approximately 120 km north of Oyu Tolgoi, has been surrendered.