Cambodian Company Awarded Elray Drilling Contract

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Tue Jul 7, 2009 8:32am EDT 

  LAS VEGAS, NEVADA, Jul 07 (MARKET WIRE) -- 
Elray Resources, Inc. (OTCBB: ELRA), a technically-driven mining and
exploration company today announced that following positive site visits
to Elray's projects and exploration operations by its geological and
engineering team, Elray has appointed International Cambodian Drilling
Services for 20 diamond drill holes on the Company's Porphyry Creek
tenement. Drilling is scheduled to commence before the end of this month.

    "The drilling program and the appointment of a drilling contractor is
clearly supported by results from Elray's preliminary geological mapping
and geochemical sampling programs," commented Mr. Barry J. Lucas,
Executive Chairman of Elray Resources, Inc.

    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.
Barry Duane
(877) 379 ELRA (3572)
elra.otc@gmail.com

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