Evolving Gold Continues to Expand the Mineralized Zone At Rattlesnake Hills, Wyoming

    VANCOUVER, Jan. 13 /CNW/ - Evolving Gold Corp. (TSXV:EVG) (FSE:EV7) (the
"Company") is pleased to announce additional assay results which continue to
expand the zone of gold mineralization. Hole RSC-012 intersected an aggregate
of 359.6 meters of 0.90 gpt gold (1,179ft of 0.026 oz/ton) in seven intervals.
    "The results from RSC-012 confirm and expand the size of the zone of gold
mineralization at Rattlesnake and provide first indications of significant
near surface mineralization. The expansion of the zone of lower grade gold
mineralization is encouraging. Previous drilling indicates that it can contain
long intervals of higher grades (news release 12/2/08)." comments Evolving
Chief Geologist and President, Dr Quinton Hennigh.
    Interpretation of the drill results to date indicates a large volume of
mineralized schist extending and open to the south and southwest of the North
Stock target, potentially connecting with mineralization in Antelope Basin and
South Stock.
    Drill hole RSC-012 intersected long intervals of gold mineralization
starting at 13.7 meters down hole. Using a nominal cutoff of 0.25 gpt gold,
RSC-012 intersected an aggregate of 359.6 meters (1,179 ft) in seven intervals
with an average grade of 0.90 gpt gold (0.026 oz/ton). These intervals include
zones of higher grade mineralization (see table below).

    --------------------------------------------------  ---------------------
      Hole      From       To     Interval    Gold        Interval   Gold
    RSC-012   (meters)  (meters)  (meters) grams/tonne      (ft)    oz/ton
    --------------------------------------------------  ---------------------
    --------------------------------------------------  ---------------------
    Interval    13.7     167.6     153.9     1.09           505     0.032
    --------------------------------------------------  ---------------------
     Includes   53.3      73.2      19.9     2.03            65     0.059
    --------------------------------------------------  ---------------------
     Includes   94.5     109.7      15.2     2.03            50     0.059
    --------------------------------------------------  ---------------------
     Includes  161.5     167.6       6.1     2.03            20     0.059
    --------------------------------------------------  ---------------------
    Interval   176.8     196.6      19.8     0.61            65     0.018
    --------------------------------------------------  ---------------------
    Interval   213.4     257.6      44.2     1.09           145     0.032
    --------------------------------------------------  ---------------------
     Includes  227.1     234.7       7.6     2.09            25     0.061
    --------------------------------------------------  ---------------------
     Includes  237.7     244.5       6.8     2.04            22     0.060
    --------------------------------------------------  ---------------------
    Interval   330.7     374.9      44.2     0.33           145     0.010
    --------------------------------------------------  ---------------------
    Interval   382.5     426.7      44.2     0.97           145     0.028
    --------------------------------------------------  ---------------------
     Includes  410.0     423.7      13.7     2.06            45     0.060
    --------------------------------------------------  ---------------------
    Interval   455.7     490.7      35.0     0.95           115     0.028
    --------------------------------------------------  ---------------------
    Interval   524.3     542.6      18.3     0.36            60     0.011
    --------------------------------------------------  ---------------------

    Aggregate Composite All
     Intervals:                    359.6     0.90         1,179     0.026
    --------------------------------------------------  ---------------------

    The best and highest grade gold mineralization is concentrated in the
schist. The diatreme breccia appears to be largely post-mineral in age with
relatively discontinuous and lower grade gold mineralization. Drill hole
RSC-013, which drilled into the diatreme breccia, intersected lower grade gold
mineralization - an aggregate of 131.1 meters of 0.43 gpt gold in four
intervals starting at 19.8 meters and ending at 285.5 meters. This is
consistent with our improved geological model for Rattlesnake.

    Rattlesnake Hills Project

    Evolving Gold has completed fifteen core holes at its Rattlesnake Hills
project, for a total of 6,524 meters. Assays are still pending for drill holes
RSC-014 and RSC-015, as well as two short drill holes, RSC-008 and RSC-010,
all in the North Stock target area.
    The Rattlesnake Hills project is a volcanic hosted alkalic gold system
similar to other volcanic complexes in the Rocky Mountain alkalic gold
province, including Zortman-Landusky in Montana, Ortiz in New Mexico and
Cripple Creek in Colorado where approximately 20,000,000 ounces gold has been
produced from high grade zones. At Cripple Creek, Anglo Ashanti Limited
currently operates in its open pit with a cutoff of approximately 0.25 gpt
gold. Evolving Gold has an option to acquire 100 percent of the Rattlesnake
Hills property. In connection with the acquisition of the Rattlesnake Hills
property, Evolving Gold filed a NI 43-101 compliant report which is available
at www.sedar.com.

    Additional Assay Information for Rattlesnake Hills

    The assays were implemented by the SGS Group. Samples were analyzed by
30g fire assay and an ICP finish, and all values over 10 gpt gold were
re-assayed by 30g fire assay and gravimetric finish. All metallic screen fire
assays were undertaken by the SGS Group, with the coarse fraction assayed in
its entirety and two 30g fire assays completed for the fine fraction. Accurate
estimates of the true widths of the mineralized intersections are not
available at this early stage in the exploration of the property.

    About Evolving Gold Corp.

    Evolving Gold is focusing its exploration program on its Rattlesnake
Hills discovery property. Evolving also holds eight other gold properties
primarily in Nevada, including a lease agreement with Newmont Mining Corp. on
four prospective gold properties (North Carlin District Properties) located
within the prolific Carlin Gold Trend (see press release 12/5/2007).
    Evolving Gold has approximately $17.5 million in its treasury.
    In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D.,
P.Geo., Chief Geologist and President of Evolving Gold Corp. is the Qualified
Person responsible for the accuracy of this news release.

    On Behalf of the Board of Directors
    Evolving Gold Corp.

    Robert W. Barker, Ph.D., P.Geo.
    C.E.O. and Director

    Investors can post questions and receive answers or review questions and
answers posted by other investors at the Evolving Gold Corp. IR Hub at
http://www.agoracom.com/IR/evolving. Investors can also e-mail
evg@agoracom.com with questions and correspondence or request to be added to
the investor email list to receive all future press releases and updates in
real time.

    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 statements. 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 Canadian
Securities Regulators.

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

For further information:

For further information: Evolving Gold Corp., Robert Bick, Executive
Chairman, robert@evolvinggold.com, Direct: (604) 685-6375, Toll Free:
1-866-604-3864, www.EvolvingGold.com

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