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Evolving Gold Corp Grants Incentive Options

May 4, 2007, Vancouver, British Columbia: Evolving Gold Corporation (CNQ: GOLD) (OTCBB:EVOGF) (the “Company”) is pleased to announce the granting of 2,060,000 incentive stock options to Directors and consultants. The options are exercisable at $0.42 per share and will expire May 2, 2012.

About Evolving Gold Corp.

Evolving Gold Corp. is a Canadian-based precious mineral exploration and development company focused on projects in SW United States, in particular Nevada. A strong team of highly experienced geo-science and financial professionals positions Evolving for aggressive acquisition and development of prospective gold properties.

On Behalf of the Board of Directors

EVOLVING GOLD CORPORATION

“Lawrence A. Dick”

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

President and Director

Tel: 604 685 6375 or 1-866-604-3864

www.EvolvingGold.com

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