ELECTRA SIGNS SPIRIT TO DEVELOP SOCIAL RESPONSIBILITY

April 25, 2005

On Thursday April 21, 2005; Electra Gold Ltd. signed a contract agreement with Spirit Unlimited Consulting of Bowen Island, BC.  This agreement provides for the further commitment to and development of infrastructure and policies of Electra Gold Ltd. as a socially responsible and sacred company.  Both Jo Shearer, President and Doug Stelling, CEO of Electra Gold Ltd. are delighted to be making this important step toward becoming a world leader as a socially responsible, sustainable industrial mineral mining company with an expanded socially responsible investor (SRI) shareholder base.”

Ellen Hayakawa (BSc. Dipl. Bus. Admin.), President of Spirit Unlimited Consulting is a well known consultant, speaker, coach and author of The Inspired Organization:  Spirituality and Energy at Work . She is a wildlife biologist and worked with the Canadian Wildlife Service for over a decade and has addressed conferences such as The Symposium on Ecological Risk Assessment and Business for Life in Scotland.  She was a founding Board member of The Natural Step (TNS) in Canada and was the founder of The 2001 Summit on Spirituality and Sustainability. She was an initiator of the Conference on Ethical and Spiritual Values and the Promotion of Environmentally Sustainable Development held at the World Bank and was on the Steering Committee of the Spirituality and Sustainable Development Conference held by the Canadian International Development Agency (CIDA).  She has worked extensively as a consultant and trainer with executives and employees in both the public and private sectors on the development of inspired leadership based on spirituality, social responsibility and sustainability in the workplace. 

Ellen Hayakawa said, “Social, environmental and spiritual consciousness in business is expanding.  The management of Electra Gold Ltd. as inspired leaders are committed to raising the standards for their industry. Corporate social responsibility not only makes practical business sense, it is good for all parties involved.  This includes the communities and environment where Electra Gold Ltd. works, the company, its employees, suppliers, customers and its shareholders.  Spirit Unlimited Consulting is pleased to work with the management of Electra Gold Ltd. in their inspiring and continuing commitment to corporate social responsibility.”

Electra Gold Ltd. is a mining company, specializing in industrial mineral production, dedicated to sustainable mining and preserving the environment.

On behalf of the Board of Directors

“Douglas Stelling”

Chairman and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

For further information, please see website at www.electragoldltd.com or contact Douglas Stelling at (604) 647-2227
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