ELECTRA GOLD LTD. HAS RECEIVED A PURCHASE ORDER FROM LAFARGE CANADA INC. FOR 2,200 METRIC TONES OF CHALKY GEYSERITE FOR ITS CEMENT PLANT LOCATED IN RICHMOND, BC.

Electra Gold Ltd. has received a purchase order from Lafarge Canada Inc. for 2,200 tonnes of chalky geyserite to be delivered for load out at Port Hardy.  The chalky geyserite must be delivered to Port Hardy FOB on barge.  Lafarge is responsible for barging the material from Port Hardy to the Richmond Cement Plant.  The estimated date for delivery is May 28, 2005.  

This purchase order is very good news for Electra, as Lafarge's parent company is the largest cement producer in the world and the Richmond, BC operation is the largest primary cement making operation in the Pacific Northwest.  This is the first order from Lafarge and represents the third large customer for our material located at the Apple Bay Operation.  Electra Gold Ltd. has delivered several barge loads to Lehigh Northwest Cement and has a long term contact to deliver chalky geyserite to Ash Grove Cement Company in Seattle, Washington.  We, at Electra, are working toward developing more long term contracts for the sale of Chalky geyserite and geyserite.  Next week Jo Shearer, President of Electra, will meet with a potential customer interested in buying substantial amounts of geyserite.  This enquiry is at an early stage, but is very encouraging as market momentum is building.  Other minerals are being looked at as potential markets open up for kaolinite, dolomite, limestone and others.

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 or Jo Shearer at (604) 647-2227