Gold Reserve announces conference call to discuss 2008 first quarter results

    SPOKANE, WA, June 12 /CNW/ - Gold Reserve Inc. (TSX:GRZ - AMEX:  GRZ) will
hold a conference call to discuss the Company's financial results for the
quarter ending March 31, 2008 on Tuesday, June 17, 2008 at 4:30 p.m. Eastern
daylight time (1:30 a.m. Pacific daylight time).
    Anyone interested in participating in the call should dial 800-322-5044
if calling within Canada or the United States; if calling internationally dial
617-614-4927. The participant passcode is 30154612.
    Please visit our website at under Investor
Relations: SEDAR Filings or SEC Filings.

    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 -; Investor
Information: Rubenstein Investor Relations, Tim Clemensen, (212) 843-9337,; 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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