May 2, 2006 TSX Symbol: ELT
Electra Gold 2005 Revenues Up 56 Percent
Electra Gold Ltd. is pleased to announce results from fiscal 2005. The Company achieved an
increase in revenue of $897,000—up 56 per cent over the previous year.
Per share net income was negative $0.01, unchanged from 2004. Gross profit from operations rose
to $312,582 in 2005 up over $66,903 in 2004.
The Company has now experienced eight consecutive quarters of increasing commercial production
of chalky geyserite, used in cement production. Volume for the year totaled 120,604 tons.
During the year, gross margins widened as the Company began to achieve better economies of scale.
Gross margins trebled from 4.2 per cent in 2005 to 12.6 per cent in 2005.
Total assets at year-end also increased from $1,082,213 in 2004 to $1,522,235 in 2005 as ELT
purchased production equipment.
Since year end the Company has achieved the following:
a) On April 18, 2006 Electra shipped the 53rd barge load of chalky geyserite to Ash Grove
Cement in Seattle since commencing continuous production in September 2003
b) Electra has received, from the Ministry of Mines, a long term permit dated March 13/06
to mine chalky geyserite up to the amount of 249,000 tonnes per year. This permit approves
Electra’s five-year Mine Plan and Water Mitigation System.
c) The Company has received $40,000 as the second payment from Lumina Resource Corp.
pursuant to the option agreement signed February 3, 2005 on Electra’s gold and copper
properties.
d) The Company has acquired claims covering a sandstone-shale sequence on the outskirts
of Port Hardy, which was drilled and trenched in 2001 as a possible source of blended
product for customers in B.C.
The Company’s continuing focus will be on sustained production of chalky geyserite at the PEM100
Quarry in Port Hardy. The development of a docking port located on the west side of Vancouver
Island will contribute to the reduction of hauling cost for the product.
The Company is also working with its major customer in pricing of the chalky geyserite to facilitate
the sharing of administrative costs.

May 2, 2006 TSX Symbol: ELT
Electra Gold 2005 Revenues Up 56 Percent Page 2
A research program is presently under way on Kaolin products from the Company’s Lang Bay
Project near Powell River and a diamond drill program is scheduled for the summer of 2006.
Mr. Jamal can be contacted at:
Syndicated Capital Corporation
604-694-1994 Business
604-694-1995 Fax
888-410-1994 Toll Free
www.syndicatedcc.com
On behalf of the Board of Directors,
“J. T. Shearer”
President
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 Jo Shearer at (604)
647-2227 or (604) 970-6402.