VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 03/19/08 -- Entree Gold Inc. (TSX: ETG)(AMEX: EGI)(FRANKFURT: EKA) ("Entree" or the "Company") has entered into a second agreement with Empirical Discovery LLC to explore for porphyry copper-gold targets in a specified area near Bisbee, Arizona. The Bisbee Mine was one of Phelps Dodge's (now Freeport McMoRan) earliest acquisitions in Arizona and is reported to have produced copper, gold and silver mineralization from 1877 to 1975. Production is estimated to have been over 8 billion pounds of copper and 3 million ounces of gold, with historic reserves (non 43-101 compliant) and value of production estimated at 152 million tonnes averaging 2.35% copper, 20.9 g/t silver, and 0.58 g/t gold. Mineralization was hosted within both porphyry and skarn environments.

Entree's ground position covers the area to the north and northeast of the former Bisbee Mine. North-northeast trending structures are reported to be an important control to mineralization in this area. These structures extend from Bisbee to the north under Cretaceous, post-mineral cover.

The Company intends to use the proprietary geophysical interpretation techniques developed by the principals of Empirical to locate buried porphyry targets. Preliminary exploration includes geophysics (deep penetrating induced polarization, CSAMT, AMT), geochemistry and geology. The current program as budgeted is $726,000. This budget does not include an allocation for drilling, as drill targets have yet to be identified.

Under the terms of the Bisbee agreement, Entree has the option to acquire an 80% interest in any target within this 10,800 acre (4,370 ha) parcel of land, by incurring exploration expenditures totaling a minimum of $1.9 million and issuing 150,000 shares within 5 years of the anniversary of the effective date. If Entree exercises its option, Empirical may elect within 90 days to retain 20% participating interest or convert to a 2% NSR royalty, half of which may be purchased for $2 million.

Quality Assurance and Quality Control

Robert Cann, P.Geo., Entree's Vice-President, Exploration, a qualified person as defined by National Instrument 43-101 ("NI 43-101"), supervised the preparation of the information in this release.

ABOUT ENTREE GOLD INC.

Entree Gold Inc. is a Canadian mineral exploration company focused on the worldwide exploration and development of gold and copper prospects. Most notably, the Company is a large landholder in Mongolia, where it holds three exploration licences that comprise the 179,590-hectare Lookout Hill (Shivee Tolgoi) property. Lookout Hill completely surrounds the 8,500-hectare Turquoise Hill (Oyu Tolgoi) project of Ivanhoe Mines, and hosts the Hugo North Extension of the Hugo Dummett deposit and the newly discovered Heruga deposit.

Ivanhoe Mines and Rio Tinto are major shareholders of Entree, holding approximately 15% and 16% of issued and outstanding shares respectively.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the British Columbia Securities Commission, which can be viewed at www.SEDAR.com, and with the United States Securities and Exchange Commission, which can be viewed at www.SEC.gov.

Contacts:
Entree Gold Inc.
Mona Forster
VP & Corporate Secretary
(604) 687-4777
Email: mforster@entreegold.com
Website: www.entreegold.com

Primoris Group
1-866-368-7330
Email: info@entreegold.com