Lero Gold Corp. Reports Significant Intersections at its Taldybulak-Talas Copper-Gold Project, Kyrgyzstan

LONDON, UNITED KINGDOM, May 20 (MARKET WIRE) --
Lero Gold Corp. ("Lero", or the "Company") (TSX VENTURE: LER) is pleased
to announce an update of ongoing work at the Taldybulak-Talas Cu-Au
porphyry project, northwest Kyrgyzstan.

Following the 2007 drill programme, Lero completed an additional diamond
drill hole located 200m to the west of TBDD07-07 to test the extension of
the previously delineated high grade core in the Taldybulak Central zone.

TBDD07-24 was drilled in a north eastern direction to a depth of 405m and
intersected strongly potassic-altered stockworked porphyry from 70m below
surface to the end of hole. The start of alteration is consistent with
that previously intersected in TBDD07-07 and indicates that the high
grade mineralisation is plunging to the west, as modelled from previously
interpreted geophysics and the recently completed resource estimate.

The 2007 drill programme has now been completed and all assays received.
The design of infill, step-out and exploration drilling programmes for
Taldybulak Central has commenced with drilling forecast to begin in Q2
2008.

Significant intersections include:
----------------------------------------------------------------------
Hole-ID From (m) To (m) Length Au (g/t) Cu(%) Area
----------------------------------------------------------------------
Taldybulak
TBDD07-24 72.8 405.0 332.2 0.69 0.14 Central West
----------------------------------------------------------------------
(i)including
----------------------------------------------------------------------
TBDD07-24 158.6 405.0 246.4 0.89 0.14
----------------------------------------------------------------------
(i) Au Values un-cut

A continuous zone of significant copper-gold mineralisation hosted in
a quartz dacite porphyry with dimensions of 1,000m (strike) by up to 350m
(width) and 500m (depth) has now been delineated at Taldybulak Central.
The higher grade intercepts in TBDD07-24 coincide with an extensive zone
of potassic-hematite altered porphyry, as previously intercepted in
TBDD07-07. This result enlarges a higher grade core in the western part
of Taldybulak Central. Mineralisation at Taldybulak Central remains open
at depth and along strike to the west.

The Taldybulak-Talas Cu-Au porphyry prospect is located within the
prolific Tien-Shan Gold Belt which is host to some of the world's largest
copper-gold porphyries including a 93Moz porphyry cluster at Almalyk in
Uzbekistan.

CEO of Lero, Dr Alexander Yakubchuk commented:

"In addition to the Taldybulak resource calculation announced in April
2008, these positive results have extended the known mineralisation at
Taldybulak Central. TBDD07-24 was the second best hole of the 2007
programme and was drilled outside the recently reported resource
envelope. The results demonstrate that the porphyry remains mineralised
for an additional 200m along strike to the west, giving Lero significant
impetus to expand the reported resource at Taldybulak Central."

Notes to Editors:

1. Lero Gold Corp. (TSX VENTURE: LER) is a base and precious metal
exploration company led by a senior management team with extensive
expertise in mineral exploration and advanced project management. In
July, 2006 Oriel Resources Plc completed its previously announced
transfer and sale of its gold related assets into Lero Gold Corp.
('Lero') (formerly ELE Capital Corporation - 'ELE'). Lero resumed trading
on TSX Venture Exchange (TSX-V) on Thursday July 27, 2006 under the
trading symbol "LER". Lero Gold is currently seeking and evaluating
advanced exploration stage gold and base metal projects in Kazakhstan,
Kyrgyzstan and Russia. The Company is currently exploring advanced staged
gold deposits in the Tien Shan gold belt in the Kyrgyz Republic and Rudny
Altai polymetallic belt in Kazakhstan.

2. All work carried out on site was reviewed by Matthew Boyes (Senior
Geologist and a Qualified Person under National Instrument 43-101).
Assays were conducted at the internationally certified Alex Stewart
Assayers Lab in Kara-Balta, Kyrgyzstan. Lero Gold Corporation operates a
stringent QA/QC policy that includes external certified standard samples
and duplicates in each individual batch sent for analysis.

3. For avoidance of confusion;

a. The Taldybulak-Talas copper gold porphyry is a separate deposit from
the Taldybulak Levoberezhny gold deposit previously owned by Central Asia
Gold Limited, and

b. The Talas Copper Gold Limited Liability Company, the holder of the
Lero owned Taldybulak licence, is a separate company from Talas Gold
Mining Company which was the owner of the Jerooy Gold project.

4. In November 2006, Lero granted Gold Fields Exploration B.V. an option
to enter into a joint venture agreement with the Company under which Gold
Fields Exploration B.V. has the right to;

a. earn up to a 60% interest in exploration licences on the Kentash,
Taldybulak and Korgontash tenements in the Talas Region by funding
exploration expenditures of up to CAD$10 million, and

b. increase its interest in the project by a further 10% (to a total of
70%) by funding the expenditure of up to a further CAD$10 million on a
feasibility study. Thereafter, Gold Fields Exploration B.V. and Lero will
contribute to the project requirements on a pro-rata basis through to
development, if appropriate.

5. Gold Fields Exploration B.V. is an indirect wholly owned subsidiary of
Gold Fields Limited (NYSE: GFI)(JSE: GFI)(DIFX: GFI)

6. The TSX Venture Exchange does not accept responsibility for adequacy
or accuracy of this release.

TSX Venture Exchange does not accept responsibility
for adequacy or accuracy of this release.

Contacts:
Lero Gold Corporation
Dr Alexander Yakubchuk
CEO
+44 (0) 20 7514 0590

Lero Gold Corporation
Gavin Dallas
Marketing and PR
+44 (0) 20 7514 0590
Website: www.lerogold.com

Vanguard Shareholder Solutions
Keith Schaefer
(604) 608-0824

Bankside Consultants
Michael Padley / Michael Spriggs
+44 (0) 20 7367 8888

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