April 11, 2007 (2) TSX Symbol: ELT

At the request of market regulation services of the TSX Venture Exchange, the company is providing
a corporate update.

The Port Hardy Chalky Geyserite operation has been in continuous production since September 2003 and continues to ship product to the Ash Grove Cement Plant in Seattle, Washington at the rate of approximately 10,000 tonnes per month. A more efficient and safer Loadout System is nearing completion at Jensen Cove in Port Hardy which will allow the company to load 12,000 tonne and larger barges as compared to the current 5,000 tonne barges (see news release dated March 21/07).

An update on the Company’s core drilling program on the wholly owned Lang Bay Kaolin Project was also announced in the News Release of March 21, 2007. The work on the Market Study for Kaolin in the Pacific Northwest is ongoing.

Discussions are ongoing with potential customers regarding the Alberta Iron Project. Field work is planned for May and June 2007 in Alberta.

The Company has recently revamped its website http://www.ElectraGoldLtd.com and shareholders are encouraged to visit the site.

The Company is not aware of any material changes that would account for share volume experienced today.

For further information see:
A. Salman Jamal
Director, VP Finance and Corporate Communications
604-694-1994 Business
604-694-1995 Fax
888-410-1994 Toll Free

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

J. T. Shearer, M.Sc., P.Geo, President, is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material of this release.

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.