VANCOUVER, Nov. 9, 2011 /CNW/ - 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
FORWARD LOOKING STATEMENTS: This press release contains forward-looking
statements, which address future events and conditions, which are
subject to various risks and uncertainties. The Company's actual
results and financial position could differ materially from those
anticipated in such forward-looking statements as a result of numerous
factors, some of which may be beyond the Company's control. These
factors include: results of exploration activities and development of
mineral properties, fluctuations in the marketplace for the sale of
minerals, the inability to implement corporate strategies, the ability
to obtain financing, currency fluctuations, general market and industry
conditions and other risks disclosed in the Company's filings with
Canadian Securities Regulators.
Forward-looking statements are based on the expectations and opinions of
the Company's management on the date the statements are made. The
assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking statements. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required by law. We seek safe harbour.
SOURCE Evolving Gold Corporation
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