Ely Gold Announces New Director

June 4, 2010

Ely Gold & Minerals Inc. (the "Company") is pleased to announce that Trey Wasser has accepted a position on the Company's Board of Directors, effective June 2, 2010. Mr. Wasser replaces George Hampton, who is stepping down in order to focus on other interests. The Company would like to thank Mr. Hampton for his contributions to the development of the Company.

The Company has granted, under its Stock Option Plan, incentive stock options to directors and officers of the Company to purchase 750,000 common shares of the Company, subject to regulatory approval. The options are exercisable on or before June 3, 2015 at an exercise price of $0.20 per share.

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.