Elray Resources Inc (ELRA)

[cayman_west]

Excellent news coming out of the company again.

Results Show Up to 14.5% Copper on Elray's Porphyry Creek Project in Cambodia

LAS VEGAS, NEVADA--(Marketwire - June 3, 2009) - Elray Resources, Inc.(OTCBB:ELRA), a technically-driven mining and exploration company is pleased to update shareholders on the results of the recent exploration program it conducted on its fully owned, 9,000 hectare Porphyry Creek Project in Cambodia.

Over 20kg of samples was taken from recently excavated trenches near what is known as "The French Pit" on the property. These samples were sent to Mineral Assay and Services Co Ltd, an internationally accredited lab located in Bangkok, Thailand.

The assay results returned high copper grades of up to 14.5%, and gold grades up to 0.26g/t. The average Cu grade was 5.85%.

"These highly promising results are in line with what both we internally and our consulting geologists expected," commented Mr. Barry J. Lucas, Executive Chairman of Elray Resources Inc. "The trenching program has conclusively demonstrated that the previously discovered copper mineral occurrences in the Porphyry Creek area are not a one off and that there is a good likelihood that future exploration will reveal significant additional occurrences."

Because of these strong results and based on the recommendation of the Company's consulting Geologists, Elray intends to initiate a second phase of exploration to further define the extent and character of the deposit. This may be completed via the extension of existing trenches and the placement of new ones in selected areas.

For more information, please contact
Elray Resources, Inc.
Jake Harris
Investor Relations
[phone]
Email: [e-mail]