Gold Reserve Announces Conference Call to Discuss 2009 Year End Results

NR-10-02

GOLD RESERVE ANNOUNCES CONFERENCE CALL TO DISCUSS 2009 YEAR END RESULTS

SPOKANE, WASHINGTON April 5, 2010

Gold Reserve Inc. (TSX:GRZ – NYSE-Amex:GRZ) will hold a conference call to discuss the Company’s financial results for the year ended December 31, 2009 on Wednesday, April 7, 2010 at 4:30 p.m. Eastern daylight time (1:30 p.m. Pacific daylight time).

Anyone interested in participating in the call should dial 800-510-9661 if calling within Canada or the United States; if calling internationally dial 617-614-3452. The participant passcode is 23412778.

Please visit our website at www.goldreserveinc.com under Investor Relations: SEDAR Filings or SEC Filings.

FOR FURTHER INFORMATION:

Internet – www.goldreserveinc.com

Company Contact

A. Douglas Belanger, President 926 W. Sprague Ave., Suite 200 Spokane, WA 99201 USA Tel. (509) 623-1500 Fax (509) 623-1634