Evolving Gold Announces Resignation of a Director
VANCOUVER, Nov. 9, 2011 /CNW/ - Evolving Gold Corp.
(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.
'William Gee'
William Gee
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.
Evolving Gold Corporation
CONTACT: Investor Relations:
Rory Quinn
Tel: 604.630.0792
TF: 866.604.3864
rory@evolvinggold.com