VANCOUVER, Dec. 17 - Evolving Gold Corp. (TSXV: EVG) (FSE:EV7) (the "Company") is pleased to announce that it has defined a large halo of gold mineralization around the high grade zones at its Rattlesnake Hills project. The Company previously reported coherent high grade gold mineralization - 2.92 grams per tonne (gpt) over 146 meters and 2.74 gpt over 131 meters - in holes which are 65 meters apart. The large halo of gold mineralization around these high grade zones include an aggregate down hole interval of 307.4 meters of 0.77 gpt (1,010 ft of 0.022 oz/ton), 274.0 meters at 0.65 gpt (900 ft of 0.019 oz/ton) and 269.1 meters at 0.55 gpt (885 ft of 0.016 oz/ton). Assays for 6 holes are still pending.

"The coexistence of high grade gold zones with large volume of low-grade is common in similar large alkaline gold systems such as Cripple Creek in Colorado where approximately 20,000,000 ounces gold has been produced from high grade zones. At Cripple Creek, Anglo Ashanti Limited currently mines the halo of lower grade gold mineralization in an open pit to a nominal cut-off of about 0.25 gpt gold." commentsDr. Quinton Hennigh, President and Chief Geologist, Evolving Gold Corp.

All of the drill holes in the North Stock target intersect long intervals of halo gold mineralization. The aggregate lengths of the intervals of halo gold in these drill holes confirm the large potential size of the North Stock target. A nominal cutoff of 0.25 gpt was employed. The broad halo of gold mineralization is associated with the higher grade gold zones previously reported. This halo mineralization includes some short intervals of higher grade and some internal zones that fall below the cutoff.

Following is a table with the highlights of both the high grade zones and the halo gold mineralization:

Rattlesnake Hills Project

Evolving Gold has completed fifteen core holes at its Rattlesnake Hills project, for a total of 6,524 meters. Assays are still pending for holes RSC-008, 010, 012-015, all in the North Stock target.

The Rattlesnake Hills project is a volcanic hosted alkalic gold system similar to other volcanic complexes in the Rocky Mountain alkalic gold province, including Cripple Creek in Colorado, Zortman-Landusky in Montana, and Ortiz in New Mexico. Evolving Gold has an option to acquire 100 percent of the Rattlesnake Hills Property. In connection with the acquisition of the Rattlesnake Hills prospect, Evolving Gold filed a NI 43-101 compliant report which is available atwww.sedar.com.

Readers are also encouraged to view the 3D model of grades at Rattlesnake available at http://evolvinggold.com/3D-images/Ra... to view results already released as well as see the locations of holes with assays yet to return.

Additional Assay Information for Rattlesnake Hills

The assays were implemented by the SGS Group. Samples were analyzed by 30g fire assay and an ICP finish, and all values over 10 gpt gold were re-assayed by 30g fire assay and gravimetric finish. All metallic screen fire assays were undertaken by the SGS Group, with the coarse fraction assayed in its entirety and two 30g fire assays completed for the fine fraction. Accurate estimates of the true widths of the mineralized intersections are not available at this early stage in the drilling program.

About Evolving Gold Corp.

Evolving Gold is focused on its discovery property - Rattlesnake Hills, Wyoming. Assay results for the first nine holes reveal an intersection of 2.92 Grams/Tonne over 146 Meters (RSC 003) and 2.74 Grams/Tonne over 131 meters (RSC 007). The Company has completed a 15 hole, 6,500 meter drilling program on this property with further assay results coming out over the next months. Evolving has the option to acquire 100% of the Rattlesnake Hills project.

Evolving also has 8 other gold properties primarily in Nevada including a lease agreement with Newmont Mining Corporation on four prospective gold properties (North Carlin District Properties) located within the prolific Carlin Gold Trend (see press release 12/5/2007).

Evolving Gold has approximately $18 million in its treasury.

In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., Chief Geologist and President of Evolving Gold Corp. is the Qualified Person responsible for the accuracy of this news release.

    <<
    On Behalf of the Board of Directors
    EVOLVING GOLD CORP.

    ---------------------
    Robert W. Barker, Ph.D., P.Geo
    C.E.O. and Director
    >>

Investors can post questions and receive answers or review questions and answers posted by other investors at the Evolving Gold Corp. IR Hub athttp://www.agoracom.com/IR/evolving. Investors can also e-mail evg@agoracom.com with questions and correspondence or request to be added to the investor email list to receive all future press releases and updates in real time.

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of Evolving's general business development, research development and Evolving's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Evolving Gold Corp. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that Evolving's mineral deposit(s), fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our annual report on Form 20F filed with the U.S. Securities and Exchange Commission and filings made with the Canadian Securities Regulators.

  
    >>

For further information: Evolving Gold Corp., Robert Bick, Executive Chairman, robert@evolvinggold.com, Direct: (604) 685-6375, Toll Free: 1-866-604-3864, www.EvolvingGold.com