Developing GOLD Assets in
North America

Ely Gold Announces Increased Gold Recoveries on Centennial Gold Project

June 14, 2010

Ely Gold & Minerals Inc. (the "Company") is pleased to announce that it has received positive results from additional metallurgical test work that reported higher gold recoveries on samples from the Company's Centennial deposit on the Mt. Hamilton property, located 65 kilometers west of Ely, in White Pine County, Nevada.

The metallurgical test work was performed by McClelland Laboratories Inc. under the direction of SRK Consulting U.S. Inc. ("SRK"). Bottle roll tests on sixteen drill core composites and column percolation tests on two drill core master composites provided confirmation of previous testing and upgraded projected field recoveries to 75% gold and 40% silver based on a regression analysis. An updated Preliminary Economic Assessment, currently being completed by SRK, will use the upgraded gold and silver recoveries.

The technical information contained in this news release, has been reviewed, approved, and deemed relevant by Stephen Kenwood P. Geo., a qualified person as defined under National Instrument 43-101.

On Behalf of the Board of Directors

Signed "Stephen Kenwood"

Stephen Kenwood

For further information, please contact Ely Gold & Minerals Inc. at 604-488-1104.

E-mail: [email protected]; Website: www.elygoldandminerals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.