News


2011 News Releases

December 23, 2011, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG, OTCQX: EVOGF, FSE: EV7) (the “Company”) The Company announces today that R. Stuart (Tookie) Angus has resigned as Director and Chairman of the board, effective December 22, 2011. The Company wishes to thank Mr. Angus for his contributions to the company. Read more...

November 21, 2011, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG, OTCQX: EVOGF, FSE: EV7) (the “Company”) is pleased to announce assays from three drill holes from the Arch Gold Zone at its Carlin gold project, Nevada. Diamond drill holes CAR-011, -012 and -013 all intersected significant gold mineralization including 60.4 meters at 1.28 grams per tonne gold in CAR-013, 32.6m at 1.10 g/t gold in CAR-011 and 6.1m at 2.42 g/t gold in CAR-012. Ongoing core drilling programs continue to focus on defining a high grade core to this large gold system, as already suggested by results previously reported such as 18.3m at 11.7 g/t gold, including 1.5m at 57.9 g/t gold, and 10.1m at 11.1 g/t gold, including 3.1m at 29.8 g/t gold. Read more...

November 15, 2011, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG, OTCQX: EVOGF, FSE: EV7) (the “Company”) is pleased to provide an update of the drilling program at its Rattlesnake Hills joint venture gold property in Wyoming. Rattlesnake Hills is a joint venture with Agnico-Eagle (USA) Limited (Agnico-Eagle). Agnico-Eagle is the manager of the joint venture and is funding 100 percent of the current exploration program. Read more...

November 9, 2011, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG, OTCQX: EVOGF, FSE: EV7) (the “Company”) announces that Mr. Quinton Hennigh has resigned as Director and Chief Geologist of the Corporation to pursue other interests. Read more...

August 24, 2011, Vancouver, British Columbia: Evolving Gold Corp. announced today it has completed a non-brokered private placement (the “Offering”) of 10,290,000 units (“Units”) at a price of $0.56 per unit for gross proceeds of $5,762,400. Each Unit is comprised of one common share (each a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.75 until February 23, 2013. Read more...

August 23, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to provide an update of its three active drilling programs in northern Nevada and Wyoming. The Company’s drill programs include a steady, year-long core drilling campaign at Carlin-Humboldt, a fast-paced reverse circulation drill program at the new Jake Creek discovery, and a fourth summer core drilling program at its Rattlesnake Hills Joint Venture. Read more...

August 19, 2011, Vancouver, British Columbia: Evolving Gold Corp. announces its intention to complete a non-brokered private placement (the “Offering”) to fund continued exploration on its Nevada gold projects. In connection with the Offering the Company will issue up to 10,290,000 units at a price of C$0.56 per unit for gross proceeds of $5,762,400. The units being offered pursuant to the Offering are comprised of one common share (each a “Common Share”) and one-half of one common share purchase warrant (each whole purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.75 for a period of eighteen months from the date of issue of the Warrants. The Company may pay a finder’s fee on the Offering upon regulatory approval. Read more...

July 20, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to report that it is strengthening its in-house investor relations capability to provide better communication with shareholders and the market. The Company has hired Rory Quinn as Manager of Investor Relations. Read more...

June 27, 2011, Vancouver, British Columbia: Evolving Gold Corp. reports that, it has entered into definitive agreements with Agnico-Eagle Mines Limited and its operating subsidiaries (collectively “Agnico-Eagle”) with respect to the Company’s Rattlesnake Hills project in Wyoming, USA. Read more...

June 20, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to report that two drill holes have intersected significant high grade gold at its Carlin project in Nevada. Both new holes are wedges drilled from hole CAR-002 and fall within an area approximately 20 meters north and northeast of this mother hole. Read more...

June 8, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to report that wedge hole CAR-010.1 intersected 21.5 meters at 6.56 gpt (grams per tonne) gold (70.5 feet at 0.192 opt (oz per ton) gold) including 14.7 meters at 8.76 gpt gold (48.2 feet at 0.256 opt gold) at its Carlin project in Nevada. This wedge hole was drilled from diamond drill hole CAR-010 which intersected 10.1 meters at 11.09 gpt gold (news release, April 14, 2011). The intersection in CAR-010.1 lies approximately 10 meters east of the intersection reported in CAR-010. Read more...

May 9, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to announce that it has signed a Letter Agreement with a subsidiary of Agnico–Eagle Mines Ltd. to form a joint venture on its Rattlesnake Hills project in Wyoming. Read more...

NEW YORK – May 4, 2011 – OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Evolving Gold Corp. (TSX.V: EVG; OTCQX: EVOGF), an exploration company focused on building shareholder value through sound geology and aggressive drilling of its U.S. properties, is now trading on the OTC market’s highest tier, OTCQX®. Read more...

April 29, 2011, Vancouver, British Columbia: Evolving Gold Corp. announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's MarketScope Advisor. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.marketscope.com Read more...

April 14, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to announce results from four drill holes at its Carlin-Humboldt Projects on the Carlin trend in north central Nevada. Results include 10.1 meters at 11.09 grams per tonne Au (33.1 feet at 0.324 oz per ton Au) including 3.1 meters at 29.75 grams per tonne Au (10.2 feet at 0.869 oz per ton Au) in hole CAR-010. Read more...

April 12, 2011, Vancouver, British Columbia: Further to its press release dated April 11, 2011 in which Evolving Gold Corp. announced the acquisition of 1,925,159 common shares of Prosperity Goldfields Corp. (“Prosperity”) pursuant to the terms of a funding agreement dated October 26, 2010 between the Company and Prosperity, the Company announced an update to its percentage ownership of common shares of Prosperity (“Prosperity Shares”). Read more...

April 11, 2011, Vancouver, British Columbia: Evolving Gold Corp. announced that it has acquired ownership of 1,925,159 common shares of Prosperity Goldfields Corp. The common shares were issued by Prosperity to the Company at a deemed price of $0.15 per share pursuant to a funding agreement dated October 26, 2010 between the Company and Prosperity (the “Funding Agreement”). Pursuant to the terms of the Funding Agreement, Prosperity agreed to reimburse the Company for the payment of transaction costs up to a maximum of $300,000 related to the spin-out of Prosperity from the Company by way of a dividend-in-kind to shareholders of the Company. Read more...

March 14, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to announce that William (Bill) Gee will succeed Dr. Robert W. Barker as Chief Executive Officer and will join the Board of Directors of the Company, effective April 1, 2011. Read more...

March 3, 2011, Vancouver, British Columbia: Evolving Gold Corp. announced today that it had completed its previously announced special dividend-in-kind of Prosperity Goldfields Corp. (“Prosperity”). Prosperity holds an option to acquire the mineral claims forming the Kiyuk Lake gold property in southern Nunavut. Upon receipt of shares of Prosperity (“Prosperity Shares”) for the reimbursement of transaction costs, Evolving Gold expects to hold approximately 48.5% of the outstanding Prosperity Shares. Read more...

February 7, 2011, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (the “Company”) announces that as part of its long-term incentive and retention program for directors and officers, the Board of Directors of the Company has approved the grant of 500,000 options to Charles E. Jenkins, the company’s incoming Chief Financial Officer, exerciseable at $0.97 per option, and 1,600,000 options to directors and officers exerciseable at $0.94 per option.. The options granted were priced at the 5-day volume weighted average trading price of the Company’s common shares on the TSX Exchange for the five trading days prior to the grant date. The options have a five year term, and vest over a period of one year from the grant date. Read more...

February 2, 2011, Vancouver, British Columbia: Evolving Gold Corp. announced today that its board of directors has set February 16, 2011 as the record date for the dividend-in-kind spin out transaction (the “Spin Out”) involving the transfer of the Company’s option to acquire the mineral claims forming the Kiyuk Lake gold property in southern Nunavut (the “Kiyuk Property”) to a new company, Prosperity Goldfields Corp. (“Prosperity”). Read more...

January 24, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to provide an update of its ongoing exploration activities in Nevada. Evolving Gold is currently exploring four gold properties in the prolific northern Nevada gold province, including its Humboldt, Carlin, Jake Creek and Boulder Valley projects. Read more...

January 12, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to announce additional assay results from the 2010 core drilling program at its Rattlesnake Hills project in central Wyoming. The infill and step-out drilling program at the North Stock gold zone continues to intersect long intervals of gold mineralization. Drill hole RSC-145 intersected 313.1 meters at 1.94 grams per tonne Au, including 21.3 meters at 10.00 grams per tonne Au. Read more...

January 6, 2011, Vancouver, British Columbia: Evolving Gold Corp. is pleased to announce additional assay results from Antelope Basin in the 2010 core drilling program at the Rattlesnake Hills project in central Wyoming. The infill and step-out drill program at the Antelope Basin gold zone continued to intersect long intervals of gold mineralization, confirming and expanding the gold zone. Read more...