Gold Reserve announces conference call to discuss 2007 second quarter results

    TORONTO, Aug. 9 /CNW/ - Gold Reserve Inc. (TSX:GRZ - AMEX:  GRZ) will hold
a conference call to discuss 2007 second quarter results on Monday, August 20,
2007 at 4:30 p.m. Eastern daylight time (1:30 p.m. Pacific daylight time).
    Anyone interested in participating in the call should dial 800-884-5695
if calling within Canada or the United States; if calling internationally dial
617-786-2960. The participant passcode is 89200167.

    Gold Reserve Inc. is a Canadian company, which holds the rights to the
Brisas gold/copper project and the Choco 5 gold exploration property in
Bolivar State, Venezuela.

For further information:

For further information: Internet -, 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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