Evolving Gold Announces Resignation of a Director
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.
The Company's current portfolio of quality gold projects resulted from the creative vision and diligent exploration work of Mr. Hennigh. In particular, his discoveries at the Carlin-Humboldt projects in Nevada and the Rattlesnake Hills project in Wyoming are the foundation of Evolving Gold's current exploration programs. William Gee, CEO and Director, stated: "The management and Board of Directors wish to thank Quinton for his extraordinary commitment over the last several years and for his significant contributions to the development of the Company and its foundation of major gold assets. Perhaps most significantly, Quinton deserves credit for driving a discovery in Nevada that contrary to conventional exploration wisdom, discovered high grade Carlin-type gold mineralization that dramatically opened up the exploration potential of the entire south Carlin Trend. We wish Quinton all the very best in his future endeavors."
The critical role of Chief Geologist has been transferred to Mr. Steven Koehler who has been leading the Company's Nevada programs since early 2011. Mr. Koehler has over 21 years of Nevada exploration experience and has been involved in five gold discoveries in Nevada, two of which are currently in production at Cortez Hills and Leeville, operated by Barrick and Newmont respectively. Mr. Hennigh states, "Mr Koehler is one of the strongest explorers in Nevada and has the experience and passion necessary to drive Evolving Gold's exploration program. Over the last six months, Steve and I have worked closely and the Company is fortunate to be able to seamlessly transition its technical program as Evolving Gold's projects advance."
About Evolving Gold Corp.
Evolving Gold is focused on exploring its gold properties in and adjacent to the productive Carlin district of northern Nevada, and on advancing its gold discovery at Rattlesnake Hills, Wyoming. For more information about Evolving Gold please visit: www.evolvinggold.com
On Behalf of the Board of Directors
EVOLVING GOLD CORP.
CEO and Director
FOR MORE INFORMATION, PLEASE CONTACT:
|FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
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