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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Claude Cormier who wrote (66492)7/31/2009 4:13:31 PM
From: Logain Ablar  Read Replies (2) of 78411
 
HI Claude:

Not sure what to make out of this. Seems like no new news from their previous conference call (I'll try and re listen this weekend).

Evolving Gold Drilling Update Rattlesnake Hills and Carlin

Friday July 31, 2009, 1:10 pm EDT

VANCOUVER, July 31 /CNW/ - Evolving Gold Corp. (TSXV: EVG; OTC: EVOGY) (FSE: EV7) (the "Company") is pleased to report on drilling progress at its Rattlesnake Hills property in Wyoming and its Carlin property in the prolific Carlin Trend in Nevada.

Rattlesnake Hills

20 core drill holes have been completed in the present season's drill program at Rattlesnake Hills, and a further 4 drill holes are currently underway. The company expects to release additional assay results from the Rattlesnake Hills drilling in the next weeks once results are received and interpreted.

The fourth core rig is now drilling on the Rattlesnake Hills property as part of the ongoing exploration program to define the extent of the high grade gold zone and define the boundaries and potential of the larger body of bulk tonnage style halo gold mineralization.

Rattlesnake Hills is an alkalic gold system, similar in geology with the Cripple Creek gold district in Colorado.

Carlin Property

Drilling at the Carlin property has intersected alteration and sulfides in highly favorable host rocks. These rock units are similar to those that host major zones of gold mineralization in the gold deposits in the Carlin Trend.

This drilling is designed to test geophysical results that suggest the presence of favorable host rocks of the Carlin Trend that have not been tested previously by drilling. The Carlin property is included as part of an agreement with subsidiary companies of Newmont Mining Corporation.

- Drilling has intersected favorable host rocks, visually interpreted as Lower Plate rock units similar to those that host the high grade gold mineralization in the Carlin Trend. - Abundant fine grained pyrite is present in these units at 2,800 - 3,000 feet in the drill hole. - Starting at 3,780 feet and continuing to the current bottom of the drill hole, approximately 4,000 feet, these favorable units are strongly altered (decalcified) and contain abundant arsenic sulfides (realgar and orpiment) and lesser amounts of antimony sulfide (stibnite) in veinlets and along fractures. - Evolving Gold plans to mobilize a second drill rig to the Carlin property, pending discussions with local land owners, local officials and regulators.
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