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Evolving Gold Intersects 2.48 Grams/Tonne over 146 Meters
at its Rattlesnake Hills Property

Vancouver, British Columbia, 8 September 2008:  Evolving Gold Corp. (TSX-V:EVG) (OTCBB:EVOGF) is pleased to announce assay results from the first three holes drilled of the total 7,000 meter Phase One drill program at its Rattlesnake Hills project in Wyoming. The assay results for the three holes were focused on three different targets described herein respectively as the �North Stock�, �Antelope Basin�, and �South Stock�.

North Stock Target
The North Stock Target is a diatreme breccia approximately 700 meters in diameter. Core hole RSC-3, the first of ten holes planned for this target, intersected gold mineralization nearly continuously from 149.3 meters to a depth of 295.6 meters using a cutoff of 0.5 grams per metric ton Gold (gpt Au). This entire interval of gold mineralization averages 2.48 gpt Au over 146.3 meters. This hole includes narrower intervals of higher grade such as 13.83 gpt over 5.2 meters, with small grains (<0.5 mm) of visible gold observed in several core samples. 

A detailed breakdown of results for hole RSC-3 are summarized in the table below and is also graphically displayed on the company�s web site at www.evolvinggold.com/rattlesnake-hills.php.

Hole RSC-3

From (meters)

To

(meters)

Interval (meters)

Gold

grams/tonne

 

Interval (ft)

Gold

oz/ton


149.3

198.1

48.8

2.22

 

160.0

0.065


211.8

239.2

27.4

5.67

 

90.0

0.165

Including

233.2

238.4

5.2

13.83

 

17.2

0.403


243.8

257.8

14.0

4.65

 

45.9

0.136

Including

249.9

257.8

7.9

7.87

 

25.9

0.230


269.7

295.6

25.9

1.01

 

85.0

0.029


342.9

416.1

73.2

0.76

 

240.0

0.022

Core hole RSC-3 was drilled to 450.2 meters extending the mineralization approximately 170 meters deeper than previous drilling by Newmont Mining. In 1994-95, Newmont reported drill results of 149 meters at 1.62 gpt Au in a drill hole that reached a depth of 248.4 meters.

Core hole RSC-3 demonstrates the potential for the higher grades commonly present in alkaline gold systems. Ongoing drilling in the 2008 Phase One program continues to test the North Stock target.

Antelope Basin Target
Approximately 725 meters south of RSC-3 in the North Stock target, Core Hole RSC-1 tested the north edge of the Antelope Basin target to a depth of 431.9 meters. Mineralization in this drill hole is hosted in a lamprophyre pipe exhibiting potassic alteration. RSC-1 intersected long intervals of highly anomalous gold mineralization, including 36.5 meters at 1.46 gpt Au. The lower zones of higher grades are well below any previous drilling, which reached a depth of no more than 128 meters.

Hole RSC-1

From (meters)

To

(meters)

Interval (meters)

Gold

grams/tonne

 

Interval (ft)

Gold

oz/ton


22.9

160.0

137.1

0.38

 

450.0

0.011

Including

143.2

160.0

16.8

0.61

 

55.0

0.018


169.2

205.7

36.5

1.46

 

120.0

0.043

Including

170.7

184.4

13.7

2.49

 

45.0

0.073

Including

172.1

181.4

9.3

3.21

 

30.4

0.094

The gold mineralization and geology intersected in RSC-1 extend favorable geological features and significant gold grades into previously underexplored areas. Additional drilling is planned in 2008 to further test this target.

South Stock Target
Core Hole RSC-2 tested the margin of the South Stock target in a largely covered area, approximately 245 meters south of RSC-1 in the Antelope Basin target. Because the hole deviated significantly to the right, it failed to penetrate the target.  In spite of this, the drill hole intersected long intervals with low levels of gold mineralization, including 74.4 meters at 0.14 gpt Au starting at 72.2 meters down hole.

This mineralization confirms an extension of gold mineralization on the Rattlesnake Hills property well beyond previously indicated limits. Additional drilling is planned in 2008 in the South Stock target, as these results may represent a gold zone peripheral to higher grade gold mineralization.

Rattlesnake Hills
To date Evolving has drilled 3,900 meters and is currently drilling holes 9 and 10. With the two diamond drill core rigs on site Evolving intends to drill six additional holes by late October. The Company is awaiting further assay results.

Rattlesnake Hills is a volcanic hosted alkalic gold system similar to other volcanic complexes in the Rocky Mountain alkalic gold province - including Cripple Creek-Victor, Colorado, Zortman-Landusky, Montana, and Ortiz, New Mexico. Rattlesnake Hills is one of the least explored of the known gold-bearing alkaline volcanic centers in this belt. Additional information on the Rattlesnake Hills property can be found at the Company�s website www.evolvinggold.com.

Evolving Gold has an option to acquire 100% of the Rattlesnake Hills Property. In connection with the acquisition of the Rattlesnake Hills project, Evolving filed a NI 43-101 compliant report which is available at www.sedar.com. Readers are cautioned to review the NI 43-101 report for comprehensive technical and background information regarding Evolving�s Rattlesnake Hills project.

Additional Assay Information for Rattlesnake Hills
The assays were implemented by the SGS Group. Samples were analyzed by 30 g fire assay and an ICP finish and all values over 10 gpt were re-assayed by 30 g fire assay and a gravimetric finish. All reported lengths for the mineralized intervals are down hole measurements. Accurate estimates of the true widths of the mineralized intersections are not available at this early stage in the drilling program.

Drilling in Nevada
In addition to it Rattlesnake Hills drilling program, Evolving is completing its initial drilling program on its North Carlin district Properties in Nevada and has completed induced polarization (IP) geophysical surveys and mercury vapor geochemical surveys on its 100% owned Jake Creek property.

About Evolving Gold Corp.
Evolving Gold is actively exploring nine separate gold properties, primarily in known, producing gold trends in the SW USA. In total, Evolving holds over 36,400 ha (90,000 acres) of exploration lands.


In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is the Qualified Person responsible for the accuracy of this news release. 

On behalf of Evolving Gold Corp.,
�Quinton Hennigh�
Quinton Hennigh, Ph.D., P.Geo
President

FOR MORE INFORMATION, PLEASE CONTACT:

Evolving Gold Corp.
Robert Bick, CEO
robert@evolvinggold.com
Direct:  604 685 6375
Toll Free: 1-866-604-3864
www.EvolvingGold.com

OR

Renmark Financial Communications Inc
Christopher Wells: cwells@renmarkfinancial.com
Barry Mire : bmire@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com

OR

Miranda Bradley, Investor Relations
miranda@evolvinggold.com
Direct (416) 996-0238

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of Evolving�s general business development, research development and Evolving�s development of mineral exploration projects. When used in this document, the words �anticipate�, �believe�, �estimate�, �expect�, �intent�, �may�, �project�, �plan�, �should� and similar expressions may identify forward-looking statements. Although Evolving Gold Corp. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statement. Important factors that could cause actual results to differ from these forward-looking statements include the potential that Evolving�s mineral deposit(s), fluctu ations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our annual report on Form 20F filed with the U.S. Securities and Exchange Commission and filings made with the Canadian Securities Regulations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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EXPLORATION STAGE
CODE : EVG.TO
ISIN : CA30050D1078
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Corporate Presentations of Evolving Gold Corp
4/21/2009Canaccord Adams, Junior Mining Weekly April 21, 2009
9/1/2008Evolving Gold says gold’s future lies in western US
2/14/2008Evolving Gold asks: where does the Carlin go?
In the News and Medias of Evolving Gold Corp
7/14/2012Evolving Gold Issues Stock Options
11/30/2011Betting On An Acquisition Of Evolving Gold
7/17/2010Chair buys after Goldcorp takes stake
7/13/2009IIROC: Halt, Evolving Gold Corp.
Annual reports of Evolving Gold Corp
2008 Annual report
Annual report 2007
Financings of Evolving Gold Corp
1/21/2013Amends Terms of Warrants
Nominations of Evolving Gold Corp
6/9/2008Appoints New CFO
4/8/2008Appoints New President
9/25/2007Appoints William (Bill) Majcher as Director
Project news of Evolving Gold Corp
1/23/2012(Rattlesnake Hills)Evolving Gold: Drilling Intersects High Grade Gold In New G...
1/6/2011(Rattlesnake Hills)Evolving Gold Drilling Expands the Antelope Basin Gold Zone
12/1/2010(Rattlesnake Hills)Evolving Gold Intersects 405.4 Meters at 1.31 gpt Gold at Ra...
11/18/2010(Jake Creek)Evolving Gold Discovers Gold Mineralization at Jake Creek in...
1/13/2009(Rattlesnake Hills)EVG continues to expand the mineralized zone at Rattlesnake
1/10/2008(Malone)Continues Aggressive Drilling Programs on Nevada Gold Prospe...
9/9/2008Intersects 2.48 Grams/Tonne over 146 Meters at its Rattlesna...
1/21/2008(Rattlesnake Hills)Signs Agreements to Acquire 100% of the Rattlesnake Hills Go...
11/30/2007(Fisher Canyon)to Commence New Drilling Program at Fisher Canyon, Nevada
Corporate news of Evolving Gold Corp
2/4/2013- Expands High Grade Gold at Carlin, Nevada
1/17/2013Continues Drilling Carlin Gold Property Carlin Gold Trend, N...
12/31/2012Issues 5,555,555 Shares to Pinetree Capital Ltd.
12/19/2012(Rattlesnake Hills)Expands Gold Zones at Rattlesnake Hills
11/26/2012Continues Drilling at Carlin, Nevada
11/14/2012Intersects Additional High Grade at Carlin
8/13/2012Completes $3.6 Million Financing; Provides Corporate Update
3/14/2011. Appoints William Gee as CEO
12/7/2010Commences Trading on the Toronto Stock Exchange
11/15/2010The Toronto Stock Exchange (TSX) Conditionally Approves List...
8/5/2010Signs Agreement With Senergy Communications Inc. and Frontli...
7/30/2009EVG is one of the World's 100 Hottest Gold Stcck
7/29/2009EVG covered by Associated Press
5/14/2009EVG in the press
4/28/2009EVG President Hennigh and CEO Barker Intereviewed
2/13/2009EVG Increases Grades at Rattlesnake
12/22/2008Happy Holidays from Evolving Gold
12/17/2008EVG Expands the size of the Gold System at Rattlesnake
11/6/2008EVG Graduates to Tier 1 on the TSX-V
10/23/2008Good News in a Choppy Market
9/3/2008EVG Annual Financial Statements
8/29/2008: Annual General Meeting September 30, 2008
3/4/2008Reports on Exploration Progress in SW United States Gold Pro...
2/29/2008Updates Drilling Progress at its Sheep Creeks Project near t...
11/8/2007Signs Third Nevada Drill Contract; Drilling Initiated on Nev...
10/24/2007 Signs Second Drill Contract for Nevada Drilling
10/17/2007 Retains Investor Relations Firm
10/2/2007Signs Letter of Intent with Newmont Mining Corporation to En...
10/12/2005Financials
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