Entree Gold to Acquire Remaining Interest in Blackjack (EGI)

Entree Gold Inc.

has entered into an agreement with Honey Badger Exploration Inc. to acquire Honey Badger's 49% interest in the Blackjack property, Nevada. Entree previously acquired a 51% interest in the property from Honey Badger pursuant to an Option Agreement dated July 20, 2009. Blackjack is directly adjacent to the Company's 100% owned Ann Mason property. Under the purchase and sale agreement (the "Agreement"), Entree will pay US$650,000 and issue 550,000 common shares to Honey Badger for its 49% interest in the property.