Mr. Edward Dowling reports

ALACER GOLD ACHIEVES COMMERCIAL PRODUCTION AT ITS COPLER MINE

Commercial production has been achieved effective April 1, 2011, at Alacer Gold Corp.'s Copler gold mine in Turkey, after a review of the operational and financial performance of the mine.

Alacer began stacking run of mine ore at Copler during the fourth quarter 2010, with the first gold pour achieved on Dec. 22, 2010. For the first quarter 2011, the mine stacked a total of 1,695,816 tonnes of run-of-mine ore on the leach pad at an average grade of 1.23 grams per tonne (g/t) containing 66,935 ounces. An average of 18,842 tonnes per day was stacked during the quarter with an average of 21,061 tonnes/day stacked in March, 2011.

The gold recovery plant delivered 31,401 ounces of gold to carbon in the first quarter, including over 17,253 ounces in March, 2011. Gold poured for the quarter was 33,602 ounces, before final refinery settlements. Gold sold from Copler in the first quarter 2011 was 31,450 ounces at an average price of $1,403 per ounce.

Edward Dowling, chief executive officer of Alacer, stated: "We are extremely pleased by the performance at Copler during its first full quarter of operations. Mining rates are stable and recoveries from the run-of-mine ore are encouraging with production in March exceeding average life-of-mine plans. The start-up of the crushing circuit will occur during the second quarter. The mine should benefit from incrementally improved gold recovery levels and rates from crushed and agglomerated ores."

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