Appoints New President
April 8, 2008, Vancouver,
British Columbia: The Directors of Evolving Gold
Corp. (TSX-V: EVG) (OTCBB: EVOGF) (FSE: EV7) (“Evolving”) are
pleased to announce the appointment of Dr. Quinton Hennigh as President and
most recently served as research geologist with Newmont Mining exploring for
gold deposits in unexplored extensions of the major producing gold trends in Nevada. Dr. Hennigh
geological team in March 2007 as Chief Geologist. Under Dr. Hennigh’s
leadership, Evolving has acquired over 90,000 acres of properties in Nevada, Wyoming and New Mexico.
has embarked on an intensive drill program on the North Carlin District
Properties and Sleeper District Project in Nevada and will soon begin drilling the
Rattlesnake Hills Diatreme Complex in
supplement the Exploration Team, the Company through Dr. Hennigh has hired Dr.
Robert Barker formerly General Manager, Newcrest Resources Inc.) as Senior
Geologist, Mr. Tom Weis, MSc. (formerly
Geophysicist, Newmont Mining Corp) as Geophysicist, Ms. Patty Rehn, MSc.
(formerly consultant to Barrick and Newmont) as Geochemist and has appointed
Dr. C. Jay Hodgson (formerly Chief Geologist, Barrick Gold Corporation) as
Technical Advisor. Dr. Lawrence Dick who is retiring as President will serve on
the Technical Advisory Committee along with Dr. Hodgson and will assume the
role of Chairman of the Board.
comments, “Modern gold exploration requires a sophisticated and diverse
team of geoscientists. We have assembled multi-talented scientists with over
200 years of collective experience. As we move into intensive drilling, it is
critical to use the most up-to-date scientific techniques. I am confident our
geoscience team has the right mix to discover economically-significant gold
Lau, BBA, MA,
CFA will assume the position of Interim Chief Financial Officer from retiring
CFO, Mr. Donald Gee, CA who will serve as non-management Director of Evolving
About Evolving Gold Corp.
Evolving Gold is actively exploring 9 separate gold
properties, primarily in known, producing gold trends in the state of Nevada. In total,
Evolving holds over 90,000 acres of exploration lands.
entered into a lease agreement with Newmont Mining Corporation on four
prospective gold properties located within the prolific Carlin Gold Trend (see
press release dated December 5, 2007).
recently announced the signing of a definitive agreement to acquire 100% of the
Rattlesnake Hills Diatreme Complex in Wyoming
(see press release dated January 18, 2008).
The Company has three drills operating (moving to four drills
in the next 60 days) at their North Carlin District Properties and at their
Sleeper District Project in Nevada. It has recently completed first rounds of drilling at the Malone
Gold/Silver Project (NM) (see press release dated March 4, 2008) and Fisher
Canyon (NV) (see press release dated February1, 2008).
With $25,000,000 in cash in the Treasury, Evolving Gold is
adopting an aggressive drilling and acquisition strategy.
information visit www.evolvinggold.com.
On Behalf of
the Board of Directors
FOR MORE INFORMATION, PLEASE CONTACT:
Evolving Gold Corp.
Renmark Financial Communications Inc
Excelsior Communications Inc.
Bradley, Managing Partner
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/or Evolving’s
development of mineral exploration projects. When used in this document, the words
“estimate”, “expect”, “intent”,
“may”, “project”, “plan”,
“should” and similar expressions are intended to be among the
statements that identify forward-looking statements. Although Evolving Gold
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
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), fluctuations 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 British Columbia Securities Commission.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the “U.S. Securities Act”) or any state
securities laws and may not be offered or sold within the United States or to
U.S. Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
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