ETG.TO · 2018-02-05 12:00:00

Entrée Resources Announces Changes to Board of Directors

Management Changes

ENTRÉE RESOURCES ANNOUNCES CHANGES TO BOARD OF DIRECTORS

Vancouver, B.C., February 5, 201 8 – Entrée Resources Ltd. (TSX:ETG; NYSE American :EGI – the

“Company” or “Entrée”) announces the appointment of Mr. Mark Bailey to the role of Non-Executive

Chairman of the Board effective February 5, 2018. Mr. Bailey succeeds The Rt. Honourable Lord Howard

of Lympne , who is retiring from his position as a director and Board Chair. Lord Howard will remain

involved with the Company as an advisor.

Mr. Bailey is a mining executive and registered professional geologist with over 40 years of industry

experience. Between 1995 and 2012, he was the President and Chief Executive Officer of Minefinders

Corporation Ltd., a precious metals mining company that operated the multi -million ounce Dolores gold

and silver mine in Mexico prior to being acquired by Pan American Silver Corp. Before joining

Minefinders, Mr. Bailey held a number of senior positions in the mining industry. He is an experienced

public company director having served on several public company boards. Mr . Bailey joined the Entrée

Board in 2002.

Stephen Scott, Entrée’s President & CEO commented, “We would like to thank Lord Howard for his

commitment and contribution towards the success of Entrée in his role as Non-Executive Deputy

Chairman from 2007 -2013 and Non-Executive Chairman of the Board since 2013. Going forward , the

Company expects to continue to benefit from Lord Howard’s experience and relationships, particularly

in Mongolia, which represent an invaluable resource for Entrée.”

Entrée is also pleased to announce that Dr. Michael Price has joined the Entrée Board as an independent

director. Dr. Price has over 35 years of experience in mining and mining finance. He is currently a Non -

Executive Director of Eldorado Gold Corp. and Asanko Gold Inc., and is the London Repres entative of

Resource Capital Funds. During his career, Dr. Price has served as Managing Director, Joint Global Head

of Mining and Metals , Barclays Capital, Managing Director, Global Head of Mining and Metals , Societe

Generale and Head of Resource Banking and Metals Trading, NM Rothschild and Sons. Dr. Price has B.Sc.

and Ph.D. qualifications in Mining Engineering from University College Cardiff .

ABOUT ENTRÉE RESOURCES LTD.

Entrée Resources Ltd. is a well-funded Canadian mining company with a unique carried joint venture

interest on a significant portion of one of the world’s largest copper -gold projects – the Oyu Tolgoi

project in Mongolia. The Entrée/Oyu Tolgoi joint venture property includes the Hugo North Extension

and Heruga copper-gold deposits, as well as a large underexplored, highly prospective land package. Rio

Tinto is managing the construction of Lift 1 of the Hugo North underground block cave on both the Oyu

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Tolgoi mining license and the Entrée/Oyu Tolgoi joint venture property. Lift 1 underground development

is fully financed. Entrée has a 20% carried participating interest in the Entrée/Oyu Tolgoi joint venture,

with a 30% interest in all mineralization identified above 560 metres elevation from the Entrée/Oyu

Tolgoi joint venture property. Sandstorm Gold Ltd., Rio Tinto and Turquoise Hill Resources Ltd. are major

shareholders of Entrée , holding approximately 14%, 10% and 8% of the shares of the Company ,

respectively. More information about Entrée can be found at ww w.EntreeResourcesLtd.com.

FURTHER INFORMATION

David Jan

Investor Relations

Entrée Resources Ltd.

Tel: 604-687-4777 | Toll Free: 1-866-368-7330