<>January 18, 2008

Wyoming Opportunity

“We’re going to

Wyoming for one reason: Rattlesnake Hills” explained Lawrence Dick President of Evolving Gold Corp. While most of our exploration is taking place in

Nevada, we are always of the lookout for exceptional exploration opportunities in other districts, where we can apply our exploration experience to find the gold that others may have missed.”“While exploring in the great gold trends of Nevada will always be our focus, it is important to remember that other states, such as Colorado, Montana, Wyoming, South Dakota, and others, are also home to important deposits of gold.””The geological setting of Rattlesnake is very different from our projects in

Nevada and represents a different kind of gold deposit. These are not the sedimentary rock-hosted deposits which are so important in Nevada, rather, Rattlesnake is associated with an extinct potassium-rich volcano and associated volcanic rocks (called an alkalic volcanic complex) within which gold was deposited in the volcanic rocks late in the history of the evolution of the volcanic complex.Rattlesnake is similar in its geological setting and environment to an important class of gold deposits in the

United States called the

Rocky Mountain Alkali Gold Province which includes the important gold deposits at Zortman-Landusky (MT), Bald Mountain (SD), Ortiz (NM) and the famous

Cripple Creek deposit in

Colorado.

Cripple Creek has produced and contains reserves of over 20 million ounces of gold and has been in production since the mid-1800’s.Rattlesnake is a member of this class of deposit and has very similar characteristics to

Cripple Creek.” “The most important geological feature is what are called “alkali-rich volcanic breccias”. Essentially these are volcanic rocks which has been torn apart and re-cemented by very high pressure volcanic gases associated with the volcanic processes. This is the type of rock in which later, gold-bearing fluids are funneled, or directed, as they make their way towards the surface, since they are more porous and the gold-bearing fluids can flow more easily through them”.Dr. Dick went on to discuss the history of the Rattlesnake Hills claims: “The area has been drilled before. In the 1980s a company called ACNC (American Copper and Nickel) drilled for a different target while in the 1990’s Newmont drilled for gold. They found gold but, at the time, gold values were depressed and the problem was dropped from their portfolio. The gold values that Newmont encountered in two of their holes, which by the way were diamond core holes, are of economic interest at today’s gold prices. We look at Rattlesnake as an advanced exploration prospect, similar to a class of important gold mines, where gold grades of economic interest were discovered in the past and, with our knowledge of the controls on mineralization at similar deposits elsewhere, is now ready for the detailed exploration and interpretation that Evolving’s geologists can bring to the project.”“We believe that the highest potential for Rattlesnake is at depth. Only a very limited amount of erosion has affected the system, and, since the gold mineralization is normally deposited at depths of about 200 meters below the paleo (original) surface, our exploration will take the form of deeper holes drilled across the entire volcanic complex. We anticipate very exciting results once we begin drilling later in the spring of 2008”.

Lawrence A. Dick, Ph.D., P.Geo

President and Director

————

A Message from the PresidentCut through the Geo-Babble

During the past two months I have been meeting with investors across Canada and

Europe “spreading the word” about Evolving Gold. It is clear to me that people really want to understand what the junior exploration business is all about.

Investors are not geologists and don’t know geo-lingo. They are not interested in technical details and industry-specific terminology which they do not understand. And why should they??

I’m going to write a column to explain the basics of the exploration business in “Plain English”. I want to help you in your decision making, whether it is to invest in Evolving Gold, or in any other junior explorer.

Here are some questions I will answer: What is the actual function of a junior exploration and mining company? What makes one company a better investment than another? What do company’s news releases really mean? What is the difference between a diamond drill and a reverse circulation drill and what is a drill, anyway? What is an ore deposit, and how does this differ from a mineral occurrence or a mineral prospect?

Many of my examples will be based on Evolving Gold. Why are we exploring in

Nevada instead of somewhere else? What gives the Principals in the Company the qualifications to invest my money in gold exploration? How do we decide where to acquire ground? What methods do we use to come up with drill targets? What is geophysics, how does it work, and how is this helping Evolving Gold decide where to drill for gold? If we find gold, what does it mean, and what do we do next?

Most fundamentally, what is Evolving Gold trying to find, how are we going about it, and what will constitute a discovery? Which all boils down to the most important question of all, “How is Evolving Gold going to spend my money?”

My talks to the public, (as you can see from the PowerPoint graphics I have used, all of which can be viewed here on our Website), center around the phrase “We Have the Recipe for Finding Gold”. By “Recipe” we mean a series of steps which we, as seasoned explorers, feel must be followed if we are to improve our odds, in a very risky business.

In each column, I will address what each component of the recipe entails and how we plan to implement these components with the objective of our definition of success: the discovery of a large gold deposit which will add value for the shareholders of Evolving Gold.

I’ll also be publishing a letter to our investors on our Website each time the Company releases a news release and in that letter I’ll explain, in simple terms, what the news release (which requires geological jargon aimed at a limited audience of in-the-know brokers, analysts, and industry insiders) really means in terms of how the Company is advancing towards our objective of Discovery.

I hope that you will enjoy my articles which will follow and I hope to hear from you about content and about your questions.

Lawrence Dick

President