LER Lero Gold Corp

Lero Gold Corp. ("Lero", or the "Company") (TSX VENTURE:LER) is pleased to
announce a National Instrument 43-101 compliant resource estimate for the
Taldybulak-Talas copper-gold porphyry deposit, northwest Kyrgyzstan.


The resource estimate has been calculated at various gold cut-off grades and
incorporates all drilling data obtained for the Taldybulak-Talas copper-gold
project from the 2007-2008 drilling programmes completed in Q1 2008. At a
0.30g/t gold cut-off, the Indicated resource is 79Mt @ 0.63g/t Au and 0.17% Cu
with the Inferred resources totalling 163Mt @ 0.58g/t Au and 0.14% Cu.


Table 1; Taldybulak-Talas Copper-Gold Project, Mineral Resource Estimate (Lero
-April 2008)




-----------------------------------------------------------
-----------------------------------------------------------
                            Indicated
Cut-off Au ------------------------------------------------
       g/t  Mt  Au g/t Au Moz   Cu %   Cu Mlb   Au_eq Au_eq
                                                  g/t   Moz
-----------------------------------------------------------
-----------------------------------------------------------
 0.20      107    0.53   1.83   0.17      388    0.95  3.24
-----------------------------------------------------------
 0.30      79     0.63   1.61   0.17      301    1.07  2.71
-----------------------------------------------------------
 0.40      61     0.72   1.40   0.18      238    1.17  2.27
-----------------------------------------------------------
 0.50      45     0.81   1.18   0.18      181    1.27  1.84
-----------------------------------------------------------
-----------------------------------------------------------


-----------------------------------------------------------
-----------------------------------------------------------
                             Inferred
Cut-off Au ------------------------------------------------
       g/t  Mt  Au g/t Au Moz   Cu %   Cu Mlb   Au_eq Au_eq
                                                  g/t   Moz
-----------------------------------------------------------
-----------------------------------------------------------
 0.20      286    0.43   3.99   0.14      876    0.78  7.18
-----------------------------------------------------------
 0.30      163    0.58   3.03   0.14      492    0.92  4.82
-----------------------------------------------------------
 0.40      115    0.68   2.50   0.13      336    1.01  3.73
-----------------------------------------------------------
 0.50       87    0.75   2.10   0.13      247    1.07  3.00
-----------------------------------------------------------
-----------------------------------------------------------
Note: Au_eq equals Au g/t + 2.5x Cu %
Metal equivalent: metallurgical recoveries and net smelter
returns are assumed to be 100%



The resource is based on 20 historical Soviet holes (5,078m) and 34 diamond
holes (8,484m) drilled by Lero from 2005 through to 2008; a total of 9,534m of
surface trenching data was also included in the modelling and interpolation. The
mineralisation is located within an east-west trending linear porphyry, with a
surface exposure of 1,000m x 400m. The above resource is calculated down to a
depth of 500m below surface and is fully supported by drilling; no extrapolation
of the resource below the base of the current drilling information was
undertaken. The mineralisation remains open to the west and at depth, where an
interpreted high-grade core (0.7-0.9g/t Au) was intersected during the 2007
drilling programme.


The resources were calculated within a constrained geological wireframe, limited
by external pyrite halo defined by an induced polarization survey and verified
by drilling. Post-mineral dykes were modelled and excluded from the reported
volume and interpolation run. Results from systematic variography analysis
formed the basis for assigning resource categories with Indicated mineralisation
being assigned to all material falling within an isotropic search ellipse with a
maximum range of 100m and Inferred mineralisation being assigned within a 200m
range. Log Normal Kriging was the selected algorithm utilised for the
interpolation of grade.


CEO of Lero, Dr Alexander Yakubchuk commented:

"We are very pleased to receive this encouraging result for the Taldybulak-Talas
project, it shows that the portion of the system explored to date contains an
Indicated resource of up to 1.6Moz of gold and 300Mlb of copper. This metal
content makes the project comparable to its international peers in South America
and Australia. Our work during the forthcoming field season will be focussed on
converting the Taldybulak-Talas Inferred resource to higher categories and
testing additional potential in the adjacent licence areas. These results set a
new hurdle for the next stage of exploration within the Talas valley, the aim
moving forward is to delineate other porphyry systems within the same belt and
fully evaluate the potential of Taldybulak".


Chairman of Lero, Dr Sergey V. Kurzin commented:

"Results of this resource calculation demonstrate that Lero's Taldybulak-Talas
deposit is fast becoming the second largest gold resource in Kyrgyzstan after
Kumtor. With the recently announced resource estimate for our Karchiga VMS
project in Kazakhstan and now for Taldybulak-Talas' in Kyrgyzstan, Lero is
building a solid base for significant future growth and development."


Notes to Editors:

1. Lero Gold Corporation (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 Corporation ('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 and Kyrgyzstan. The Company is currently exploring advanced staged
gold deposits in the Tien Shan gold belt in the Kyrgyz Republic and Rudny Altai
belt in the Republic of Kazakhstan.


2. Information Concerning Estimates of Measured, Indicated and Inferred
Resources. This market announcement also uses the terms 'indicated resources'
and 'inferred resources'. Lero Gold Corp. advises investors that although these
terms are recognised and required by Canadian regulations (under National
Instrument 43-101 Standards of Disclosure for Mineral Projects), the U.S.
Securities and Exchange Commission does not recognise them. Investors are
cautioned not to assume that any part or all of the mineral deposits in these
categories will ever be converted into reserves. In addition, 'inferred
resources' have a great amount of uncertainty as to their existence, and
economic and legal feasibility. It cannot be assumed that all or any part of an
Inferred Mineral Resource will ever be upgraded to a higher category. Under
Canadian rules, estimates of Inferred Mineral Resources may not form the basis
of feasibility or pre-feasibility studies, or economic studies except for
Preliminary Assessment as defined under 43-101. Investors are cautioned not to
assume that part or all of an inferred resource exists, or is economically or
legally mineable.


3. Resource estimations were carried out by Julian Woodcock and reviewed by
Matthew Boyes (Senior Geologist and a Qualified Person under National Instrument
43-101). Assays are conducted at the internationally certified Alex Stewart Lab
in Bishkek, Kyrgyzstan. Lero Gold Corporation operates a stringent QA/QC policy
that includes external certified standard samples and blanks in each individual
batch sent for analysis. Wardell Armstrong International is currently reviewing
methodology and interpolation parameters used in the block model.


4. 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
owned the Jerooy Gold project.


5. 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.


6. Gold Fields Exploration B.V. is an indirect wholly owned subsidiary of Gold
Fields Limited.

Lero Gold Corp (TSXV:LER)
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Lero Gold Corp (TSXV:LER)
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