GOLD RESERVE ANNOUNCES CONFERENCE CALL TO DISCUSS 2010 SECOND QUARTER RESULTS

SPOKANE, WA, Aug. 19 /CNW/ - Gold Reserve Inc. (TSX:GRZ - NYSE-Amex: GRZ) will hold a conference call to discuss the Company's financial results for the quarter ended June 30, 2010 on Tuesday, August 24, 2010 at 1:00 p.m. Eastern daylight time (10:00 a.m. Pacific daylight time).

Anyone interested in participating in the call should dial 866-356-4279 if calling within Canada or the United States; if calling internationally dial 617-597-5394. The participant passcode is 33603309.

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

SOURCE Gold Reserve Inc.

For further information: 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

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