Entree Gold Inc. has received a mining license covering
its Nomkhon Bohr coal discovery, outlined through exploration efforts in
2008-2009. The new license covers approximately 14,030 hectares in the
northwest corner of the former Togoot exploration license. The portion of the
property included in the license is mainly underlain by Permian sediments which
are known to host rich coal deposits in this part of the Gobi Desert.

“We have worked closely with our Mongolian resource
consultants and the Minerals Council over the last several months to meet the
criteria for a mining license. Our 100% ownership of the property and the
30-year initial term of the license give us many strategic options,” said
Greg Crowe, President and CEO of Entree.

The Nomkhon Bohr thermal coal occurrences lie within
Permian sedimentary rocks thought to be of similar age to those hosting the
multi-billion ton Tavan Tolgoi thermal and metallurgical coal deposits. Tavan
Tolgoi is located approximately 80 km to the northwest. Two groups are
currently mining and trucking coal to China along an improved dirt road that
passes immediately north of Nomkhon Bohr. This road is in the process of being
paved. A railway, which will follow a similar route to the current road, is
planned to service both Tavan Tolgoi and Oyu Tolgoi and provide greater access
to markets in China.