Evolving Gold Expands Gold Zones at Rattlesnake Hills

Evolving Gold Expands Gold Zones at Rattlesnake Hills 
Rock Chips of 3.97, 5.17, and 7.45 Gpt Au at Bald Mtn Target 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/19/12 -- Evolving
Gold Corp. (TSX:EVG) (FRANKFURT:EV7) (OTCQX:EVOGF)  (the "Company")
provides an update on its 100% owned Rattlesnake Hills gold project
in central Wyoming. Drilling completed by joint venture partner,
Agnico Eagle, identified additional gold mineralization and
intersected new high grade gold at the South Stock target. Also,
surface work has identified eight new, untested gold targets. Follow
up prospecting and surface sampling by Evolving Gold have identified
high gold values in two new target areas, including rock chip samples
of 1.97, 3.97, 5.17 and 7.45 grams per tonne gold. An updated NI
43-101 technical report has been completed and has been filed on
SEDAR. 
Drilling by former joint venture partner Agnico Eagle: 


 
--  Expanded gold mineralization at the North Stock target. 
--  Identified additional gold mineralization in the Middle Zone between
    North Stock and Antelope Basin. 
--  Intersected highly altered porphyry in the Middle Zone and south of
    Northeast Stock. 
--  Intersected high grade gold mineralization at the South Stock target. 

 
Agnico Eagle also collected 371 surface rock chip samples and 4,175
surface soil samples, covering approximately half of the large
Rattlesnake Hills property, and completed an airborne magnetic and
radiometric survey across much of the Rattlesnake Hills and northern
Granite Mountains.  


 
--  Surface sampling has identified eight new, untested gold and arsenic
    anomalies. 
--  The airborne geophysical program has identified numerous new target
    areas awaiting geological mapping and surface sampling follow up. 

 
Prospecting and rock chip sampling by Evolving Gold at the Black Jack
target, west of the main drilling area, and at the Bald Mountain
target northwest of North Stock, identified strong surface gold
mineralization in rock chip samples. High values include 1.97 grams
per tonne gold at Black Jack, and 3.97, 5.17 and 7.45 grams per tonne
gold at Bald Mountain. These gold values from rock chip samples at
Bald Mountain are the highest gold values recorded from any surface
sampling at Ra
ttlesnake Hills. At Black Jack the gold is associated
with strong potassic alteration and occurs as both disseminated and
stockwork vein mineralization. At Bald Mountain, the gold is tied to
Tertiary breccias and associated faulting with the target partially
covered by late, post mineral alluvium. The Company plans to drill
test both targets. At this early stage of exploration the true width
and full extent of the sampled gold mineralization are not well
understood. 
R. Bruce Duncan, CEO of Evolving Gold states: "Evolving Gold recently
regained 100% ownership of the Rattlesnake Hills project. This newly
completed work has greatly expanded the number of gold exploration
targets on the property, and recent prospecting and rock chip
sampling have identified high gold grades on the surface in new and
untested targets. These new targets have the earmarks to greatly
expand the gold potential of this very large, alkalic gold system,
well beyond what we have already identified by our drill programs."
R. Bruce Duncan continues, "We are planning to drill these new gold
targets, and also complete additional drilling with the objective of
expanding the known gold zones at North Stock and Antelope Basin. We
will move toward an initial resource calculation, when appropriate,
on the North Stock and Antelope Basin zones. The Company is
continuing to evaluate potential strategic partnerships and joint
venture opportunities for the Rattlesnake Hills project." 
The Rattlesnake Hills project is an alkalic gold system with multiple
mineralized centers and potential to host a multi-million ounce gold
resource. To date the Company and its former joint venture partner
have completed over 76,000 meters of drilling in 228 drill holes as a
partial test of this large, district scale hydrothermal gold system.  
Rattlesnake Project Page:
http://www.evolvinggold.com/s/Rattlesnake_Hills.asp 
In other news, drilling on the Company's Carlin gold project in
Nevada is continuing. The Company's holdings at Carlin and Humboldt
are adjacent to the Rain Mine and Saddle Project holdings by Premier
Gold Mines Ltd. and various operating mines of Newmont Mining Corp.
The current drill hole, CAR-021.2, is part of a program to focus on
defining high grade gold mineralization along the crest of the "Arch
Zone", which has a strike length of at least 700 meters. The Arch
Zone of high grade gold mineralization is completely open along
strike. Gold intercepts, as previously reported, include 87 meters
averaging 6.06 grams per tonne, which included six high grade
intervals with grades as high as of 57.9 grams per tonne gold. The
six high grade intervals have an aggregate thickness of 31.6 meters
and average 15.85 grams per tonne gold.  
Assays for rock chip samples were completed by SGS Inc, Vancouver,
Canada using a 30 gram charge for a fire assay, with an ICP finish.
In compliance with National Instrument 43-101, Dr. Quinton Hennigh,
Ph.D., P.Geo., is the Qualified Person responsible for the accuracy
of this news release. 
About Evolving Gold Corp.  
Evolving Gold is focused on exploration and development of its gold
properties in and adjacent to the productive Carlin Trend of northern
Nevada, and 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. 
R. Bruce Duncan, President, CEO and Director  
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). 
Contacts:
Evolving Gold Corp.
R. Bruce Duncan
President, CEO and Director
604.685.6375 or Toll Free: 866.604.3864
info@evolvinggold.com
bruce@evolvinggold.com