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UPDATE: Entree Gold Reports First Resource Estimate for Blue Hill Copper Deposit; Shares in the Green, Up Nearly 4%

Entree Gold Inc. (ETG.TO) reports the first resource estimate for the Blue Hill copper deposit, located 1.5 kilometres northwest of the Ann Mason copper-molybdenum porphyry deposit.

Combined inferred oxide and mixed resource categories total 72.13 million tonnes averaging 0.17% copper (at a base case 0.10% copper cut-off), or 277.5 million pounds of copper. The underlying inferred sulphide resource is estimated to contain 49.86 Mt averaging 0.23% copper at a base case 0.15% copper cut-off.

ETG rose nearly 4% to 45 cents but is trading close to year low 39 cents. Volume traded so far is over 12,000.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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