Entrée is currently exploring for copper, gold, molybdenum and coal in Mongolia and for copper and gold in the USA and China.
Entrée holds two projects in Mongolia, Lookout Hill and Manlai. The Lookout Hill project hosts two deposits with NI 43-101 compliant mineral resources; Hugo North Extension copper-gold porphyry and Heruga copper-gold-molybdenum porphyry. These deposits were discovered by Ivanhoe Mines under an Earn-in agreement and then a joint venture agreement with Entrée. The Lookout Hill property consists of three licences, Shivee Tolgoi, Javhlant and Togoot. The eastern portion of the Shivee Tolgoi Licence and 100% of the Javhlant licence are part of the joint venture agreement with Ivanhoe Mines while the remaining western portion of Shivee Tolgoi and Togoot licences are 100% Entrée ground. Since 2003 a number of targets have been explored through mapping, geochemistry, geophysics and drilling. The most recent discovery on the 100% Entrée ground is the Nomkhon Bohr coal deposit. Manlai lies 120 km north of Lookout Hill and is an early stage exploration project focused on porphyry copper-gold style mineralization. Small drill programs were carried out at Manlai in 2005, 2006 and 2007.
In the USA, Entrée is exploring for porphyry copper targets in Arizona, New Mexico and Nevada. In southeast Arizona and in southwest New Mexico, Entrée is currently exploring four properties through agreements with Empirical Discovery. A drill program was recently completed on the Lordsburg project in New Mexico where drilling in 2007 resulted in the discovery of a new porphyry copper-gold system. The zone has continued to grow with subsequent drill campaigns. In Nevada, Entrée has optioned two adjoining properties in the historic Yerington porphyry copper district through agreements with HoneyBadger Exploration and Bronco Creek Exploration. Entrée will explore the Blackjack and Roulette properties for porphyry copper targets.
The Huaixi property in southeast China is an early-stage project targeting copper mineralization within an extensive alteration system. This work is being done through an agreement with the Zhejiang No. 11 Geological Brigade. A number of targets have been outlined through soil and rock sampling and by IP surveying. Drilling is expected to begin in Q4 2009, once the rainy season is over.
In Canada, Entrée has completed an agreement with Taiga Consultants Ltd. to acquire the Crystal Property, an early stage molybdenum-copper prospect in central British Columbia. Initial exploration will include prospecting, mapping, geochemical and geophysical surveys.
