Electra Gold Ltd.
TSX VENTURE : ELT

Electra Gold Ltd.

April 14, 2009 09:30 ET

Electra Gold Ltd.: Long Term Agreement with Ash Grove

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 14, 2009) - Electra Gold Ltd. (TSX VENTURE:ELT) would like to announce that a renewed five year contract with Ash Grove has been signed that expires April, 2014 with an increase in price. Electra Gold has delivered 520,000 tonnes of chalky geyserite (alumina silica) to Ash Grove Cement Seattle Plant over the last five years which has provided over 8 million dollars of revenue to Electra.

Electra Gold is pleased to report that 11,920 tonnes of chalky geyserite was shipped to Ash Grove Cement's Seattle Plant on February 14/09.

Our next load to Seattle is scheduled for May/09.

On behalf of the Board of Directors,

J. T. Shearer, President, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

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