Electra Gold Ltd.
TSX VENTURE : ELT

Electra Gold Ltd.

April 30, 2009 09:30 ET

Electra Gold Ltd.: Research Program Initiated for Structured Environmentally Friendly Materials

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2009) - Electra Gold (TSX VENTURE:ELT) is please to announce the start of a research and development program into nano-structured environmentally-friendly materials as replacements for Portland Cement based concrete. Electra is participating in this research and development program with Vancouver based private research facilities and University personnel.

The focus of the research will be on reduction of greenhouse gas emissions in the use of concrete using the amorphous silica products produced by Electra from the PEM100 deposit. Samples of chalky geyserite from the Apple Bay project have been submitted for characterization as to suitability to act as binders.

"This is an exciting project and has the potential to result in a new source of revenue and growth for the Company," stated Mr. J.T. Shearer, President of Electra Gold Ltd. "The market for environmentally-friendly materials as replacements for Portland cement is growing, with limited sources available. Electra Gold is in the fortunate position to hold active mining leases from which these materials may be produced."

On behalf of the Board of Directors,

J. T. Shearer, President, Director

J. T. Shearer, M.Sc., P.Geo, President, is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material of this release.

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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