 EntréeOyu Tolgoi JV Property Highlights: Hugo North Extension Lift 1 Updated Reserve Case After-Tax NPV 8 of 114 million CAD139 million Hugo North Extension Lift 2 Preliminary Economic Assessment After-Tax NPV 8 of306 million CAD372 million First development production from Hugo North Extension Lift 1 expected in 2022 Significant leverage to copper price as Reserve Case and Preliminary Economic Assessment use 3.25lb copper All figures are in US dollars unless otherwise noted; converted at USD:CAD exchange rate of 1.215 VANCOUVER, BC, June 15, 2021 PRNewswire - Entrée Resources Ltd. TSX: ETG OTCQB: ERLFF the Company or Entrée is pleased to announce the results of an updated Feasibility Study that was completed on its interest in the EntréeOyu Tolgoi joint venture property the EntréeOyu Tolgoi JV Property. 