REPEAT: Evidence of Fourth Mineralised Zone Discovered Near "French Pit" on Elray's Porphyry Creek Project in Cambodia

LAS VEGAS, NEVADA, Jun 01 (MARKET WIRE) --
Elray Resources, Inc. (OTCBB: ELRA), a technically-driven mining and
exploration company today confirmed that a fourth mineralised zone has
been discovered near what is known as "The French Pit" on the Company's
100% owned, 9,000 hectare Porphyry Creek Project in Cambodia.

The "French Pit" and surrounding area was examined in detail and strong
evidence was gathered to demonstrate the occurrence of a 4th mineralised
zone in that area. A drainage ditch was excavated at the eastern end of
the pit to enable future investigations.

The Porphyry Creek prospect area has been the subject of sporadic
exploration activity for the last 50-years. All work to date has focussed
on a small area of known outcrop originally discovered in the bed of
Porphyry Creek. The most comprehensive exploration work was carried out
by the French in the 1950's when they completed a large excavation
locally known as "French Pit" on the east bank of Porphyry Creek,
approximately 50m downstream of the original outcrop.

"The data gathered so far supports the conclusion that our Porphyry Creek
property is heavily mineralised and worth further exploration," commented
Mr. Barry J. Lucas, Executive Chairman of Elray Resources.

About Elray Resources, Inc.

Elray Resources, Inc. is a junior exploration and development Corporation
which has successfully accumulated a portfolio of highly prospective,
heavily mineralized mining tenements in South East Asia. Elray Resources,
Inc.'s, primary objective is to source projects, conduct geological
assessments and seek Joint Venture partners to develop the properties.

This announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934 and the Private Securities Litigation
Reform Act of 1995. Actual results may differ from management's
expectations. These forward-looking statements involve risks and
uncertainties that include, among others, risks associated with gold &
precious mineral exploration risks related to competition, management of
growth, new products, services and technologies, potential fluctuations
in operating results, international expansion, commercial agreements,
acquisitions and strategic transactions, government regulation and
taxation. More information about factors that potentially could affect
the Company's financial results is included in its filings with the
Securities and Exchange Commission.

Contacts:
Elray Resources, Inc.
Jake Harris
Investor Relations
(347) 410-9782
Email: ir@ElrayMining.com

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