Lero Gold Corp.

Published : May 20th, 2008

intersects 332.2m @ 0.69g/t Au and 0.14% Cu including 246.4m @ 0.89g/t Au and 0.14% Cu at its T

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Lero Gold Corporation
1 Red Place
London, W1K 6PL
United Kingdom
info@lerogold.com
www.lerogold.com
Tel: +44 (0)20 7518 3999
Fax: +44 (0)20 7518 3998



TSX-V: LER
PRESS RELEASE
20 May, 2008


Lero intersects 332.2m @ 0.69g/t Au and 0.14% Cu including 246.4m @ 0.89g/t Au and 0.14% Cu at its Taldybulak-Talas Cu-Au Porphyry Prospect, Kyrgyzstan



Lero Gold Corp. ("Lero" or the "Company")(TSX-V: 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:

LER.GIF
* 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.�

ENDS


Notes to Editors:
1. Lero Gold Corp. (TSX-V: 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, JSE, DIFX: GFI.)
6. The TSX Venture Exchange does not accept responsibility for adequacy or accuracy of this release.

------------------------------------------------------------------------------------------------------------------------------------------------
For further information please contact:
Dr Alexander Yakubchuk, CEO, Lero Gold Corporation
Tel: +44 (0) 20 7514 0590

Gavin Dallas, Marketing and PR, Lero Gold Corporation
Tel: +44 (0) 20 7514 0590

Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824

Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888
www.lerogold.com

















Lero Gold
Vanguard Shareholder Solutions
Vanguard Shareholder Solutions (Vanguard) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your decisions. By responding to your inquiry neither Vanguard nor the above mentioned client(s) is offering securities or advising or soliciting the purchase or sale of securities.


Lero Gold Corp.

CODE : LER.V
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Lero Gold is a gold exploration company based in Canada.

Lero Gold is listed in Canada. Its market capitalisation is CA$ 122.1 millions as of today (US$ 101.1 millions, € 65.2 millions).

Its stock quote reached its lowest recent point on October 12, 2007 at CA$ 0.21, and its highest recent level on May 23, 2008 at CA$ 1.15.

Lero Gold has 122 101 767 shares outstanding.

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Corporate Presentations of Lero Gold Corp.
4/23/2008Winston's Growth stock update
4/7/2008Bucholtz: Lero Gold New Frontiers in Mineral Exploration - t...
2/7/2008Winston Profiles Lero Gold
Annual reports of Lero Gold Corp.
2006 Annual report
Financings of Lero Gold Corp.
4/29/2008 Increase in Size of Private Placement to Cdn$60m
Nominations of Lero Gold Corp.
1/21/2008Appoints Dr Alexander Yakubchuk as Consultant & Julian Woodc...
Project news of Lero Gold Corp.
5/20/2008(Taldybulak)intersects 332.2m @ 0.69g/t Au and 0.14% Cu including 246.4m...
4/25/2008(Taldybulak)Announces NI 43-101 Compliant Mineral Resource for Taldybula...
4/23/2008(Karchiga) reports NI 43-101 compliant resource for Karchiga Copper VM...
4/3/2008(Karchiga) intersects 17.50m @ 4.56% Cu and 9.70m @ 3.22% Cu at the Ka...
2/6/2008(Karchiga)completes 1,879m diamond drilling at the Karchiga VMS projec...
Corporate news of Lero Gold Corp.
6/20/2008European Minerals and Lero Gold Complete Business Combinatio...
5/14/2008 Announce Definitive Business Combination Agreement
5/1/2008Results for the Period December 31, 2007
4/29/2008 Announces Corporate Re-structuring
4/23/2008European Minerals Secures Cash & Assets in Lero Gold Takeove...
4/18/2008EUROPEAN MINERALS TO ACQUIRE LERO GOLD
3/27/2008Hit a new high of 95 cents today
3/25/2008Shares out 71 million approx.
3/5/2008Announces Board Restructuring
1/17/2008 Reports Significant Intersections at its Taldybulak-Talas C...
12/7/2007Vanguard Shareholder Solutions Introduces New Client Lero Go...
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