Evolving Gold Corp. - Annual General Meeting September 30, 2008

    VANCOUVER, Aug. 29 /CNW/ - Evolving Gold Corp. (the "Company")
(TSX-V:EVG) (OTCBB:EVOGF) is pleased to announce its slate for Board of
Directors for approval at its AGM on September 30, 2008. Dr. Lawrence A. Dick
resigned from the Board effective August 21, 2008 and Mr. Donald Gee resigned
from the Board effective August 22, 2008 in order to accommodate the
appointment of two new Board nominees: William M. Sheriff (CEO & President,
Golden Predator Mines Inc., Chairman and Co-Founder, Energy Metals
Corporation) and Dr. Robert W. Barker (formerly General Manager, American
Exploration, Newcrest Mining Limited of Australia).

    William M. Sheriff, B.Sc.

    William Sheriff is the CEO and President of Golden Predator Mines Inc.
("Golden Predator") and Chairman and co-founder of Energy Metals Corporation.
He is a leading prospect developer in the western U.S. having generated
numerous exploration projects for many major mining companies including
Newmont, Anglo, Uranerz, Atlas, Cordex and Homestake. Mr. Sheriff is the
founder and President of Platoro West Inc., a mineral exploration firm
specializing in project identification and acquisition. Golden Predator holds
a significant interest in Evolving Gold primarily through an option agreement
by which the Company can acquire a 100% undivided interest in the Rattlesnake
Hills Diatreme Complex in Wyoming. To date, Golden Predator has received
1,000,000 Company shares as part of a total 3,000,000 shares contemplated in
the agreement. The Company has commenced an intensive phase one drilling
program having drilled over 15,000 feet since June on this property. In
addition, in April, 2008, Golden Predator acquired 1,000,000 units in the
Company at a price of $1.00 per unit, each unit consisting of one common share
and one-half of one common share purchase warrant.

    Robert W. Barker, Ph.D, P. Geo

    Robert Barker has over forty-three years experience in successful
multi-commodity mining exploration, with twenty-seven years in exploration and
acquisition leadership. He has led exploration and acquisition programs in the
United States, Canada, Australia and South America. Mr. Barker is experienced
in the development of international exploration programs, multinational
negotiations and exploration agreements, community relations, international
personnel and business development and management, evaluations of advanced and
developmental projects, and review of resource estimates and mine development
plans. Over his career, he has served as Exploration Manager with Newcrest
Mining, Homestake Mining and AMAX, Inc.

    Board and Management Continuity

    Both Mr. Gee and Dr. Dick will remain as consultants to the Company in
order to assure continuity. The Board and Management of the Company wish to
express their appreciation to Dr. Dick and Mr. Gee for their significant
contributions to the Company.

    About Evolving Gold Corp.

    Evolving Gold is actively exploring nine separate gold properties,
primarily in known, producing gold trends in the southwestern United States.
In total, Evolving holds over 36,400 ha (90,000 acres) of exploration lands.
Evolving currently has over $20 million in its treasury.
    Evolving Gold presently has two drills turning on its Rattlesnake Hills
Complex and one drill on its North Carlin Trend Properties. Assays are

    On behalf of Evolving Gold Corp.
    "Robert Bick"
    Robert Bick
    CEO and Director

    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 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 Canadian
Securities Regulations.

    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, CEO,
robert@evolvinggold.com, Direct: (604) 685-6375, Toll Free: (866) 604-3864,
www.EvolvingGold.com OR Miranda Bradley, Investor Relations,
miranda@evolvinggold.com, Direct (416) 996-0238 OR Renmark Financial
Communications Inc.: Christopher Wells: cwells@renmarkfinancial.com; Barry
Mire: bmire@renmarkfinancial.com; Tel.: (514) 939-3989, Fax: (514) 939-3717,

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