" Evolving Gold Discovers Gold Mineralization atJake Creek in Nevada - 45.7 Meters at 0.97 gpt Au, Including 28.9 Metersat 1.33 gpt Au - Increases its 100% Owned Land Position
13:56 EST Thursday, November 18, 2010


VANCOUVER, Nov. 18 /CNW/ - Evolving Gold Corp. (TSXV: EVG) (FSE: EV7) (the "Company") is pleased toannounce that the first two drill holes at its 100% owned Jake Creekproperty in north-central Nevada have intersected gold mineralizationin a previously unexplored system. Results include 28.9 meters at 1.33gpt Au (95 ft at 0.039 opt Au) including 1.5 meters at 11.3 gpt Au (5ft at 0.330 opt Au) in drill hole JC-005.

Summary of Results:
Drill hole JC-005 intersected 45.7 meters at 0.97 gpt Au (150 ft at 0.028 opt Au), including 28.9 meters at 1.33 gpt Au (95 ft at 0.039 opt Au), and 1.5 meters at 11.3 gpt Au (5 ft at 0.330 opt Au). Drill hole JC-001 intersected multiple zones of anomalous gold, with grades to 0.36 gpt Au (0.011 opt Au) from 380 meters down hole to the end of the hole at 700 meters. Holes JC-002 through JC-004 remain to be drilled.
The high grade intersection in drill hole JC-005 is at a depth similar to that mined at the nearby Ken Snyder mine in the Midas district.
Drill holes JC-001 and JC-005 tested geophysical and mercury vapor anomalies.
The Jake Creek property is located on the western margin of the Northern Nevada Rift in a relatively unexplored area of north-central Nevada. The Twin Creeks mine (Newmont Mining Corp.) is approximately nine kilometers west of Jake Creek, and the Clover property of Atna Resources is contiguous to the southeast.
Volcanic hosted gold mineralization at Jake Creek is associated with silicification, adularia and clay alteration, typical of epithermal gold deposits, and has a low silver to gold ratio similar to the nearby Ken Snyder and Sleeper deposits in Nevada.
Evolving Gold has staked an additional 11,500 acres of unpatented lode mining claims at Jake Creek enlarging its property position to approximately 18,000 acres. The Company plans additional drilling for early 2011.

"We believe that gold mineralization intersected in the first two drillholes in this unexplored area may represent a significant new golddiscovery," comments Quinton Hennigh, the Company's President and ChiefGeologist. "Though the main focus of our exploration program remainsRattlesnake Hills in Wyoming, and our Carlin and Humboldt projects inNevada, we have been quietly testing our other exploration properties.We interpret the mineralization at Jake Creek as being confined to anearly sequence of Miocene volcanic rocks, buried by post-mineralvolcanic units, similar to the Ken Snyder deposit (Newmont MiningCorp.), which contains approximately 4.0 million ounces of gold and isabout 21 km to the east of Jake Creek."

Fossil siliceous sinter with mercury values to 233 ppm Hg wasintersected in JC-001 immediately below unaltered post-mineralrhyolite. Arsenic, antimony and mercury are strongly anomalousthroughout the lower, older volcanic sequence. Anomalous trace elementsand anomalous gold (10-300 pbb Au) persists into the underlyingPaleozoic sedimentary units. "Paleozoic sedimentary units starting at255 meters in drill hole JC-005 include intervals of limestone,"continues Hennigh. "We interpret these to be part of the Lower Plate ofthe Roberts Mountain thrust. Considering the anomalous gold intersectedin these limey rocks, we believe that exploration for Carlin style goldmineralization is equally as important as the search for high gradeepithermal gold deposits in our exploration of the Jake Creek property,particularly considering the proximity of the project area to the TwinCreeks deposit."

Mineralized Intervals, Drill Hole JC-005:Drill Hole From

(meters) To

(meters) Interval

(meters) Gold

grams/tonne Length

(feet) Gold

ounces/ton
JC-005 210.3 256.0 45.7 0.97 150 0.028
includes 225.6 254.5 28.9 1.33 95 0.039
includes 236.2 237.7 1.5 11.30 5 0.330


All drill hole averages are weighted averages, weighting each assayinterval according to the core length for that assay interval. Allassay intervals are included in the average, with no bottom cut-off.True widths of mineralization in these drill holes, at this stage ofexploration, are not precisely known. Gold assays were completed by SGSCanada Inc. in Toronto, using a 30 gram charge, fire assay, with an ICPfinish.

Steven Koehler Joins the Evolving Gold Staff:

The Company is pleased to announce that Steven Koehler has joined theCompany to take a leadership role in the Company's exploration programsin Nevada. "We are very pleased to have Steve working with us inNevada," says Quinton Hennigh. "He brings with him a wealth ofexploration experience, geological understanding, and explorationsuccess in identifying and defining new gold deposits in the CarlinTrend and elsewhere in Nevada. He will be a great asset to EvolvingGold as we move forward with our exploration of our 100% controlledHumboldt and Jake Creek properties, along with our Carlin and BoulderValley projects."

About Evolving Gold Corp.

Evolving Gold is focused on exploring its significant gold discovery atRattlesnake Hills, Wyoming, an alkalic gold system, similar to theCripple Creek gold district in Colorado, and on four gold properties inand adjacent to the productive Carlin district of northern Nevada, twoof which are 100% controlled by Evolving Gold. In compliance withNational Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is theQualified Person responsible for the accuracy of this news release.

For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call fromInvestor Relations please sign up at: http://evolvinggold.com/sign-up.php.

On Behalf of the Board of Directors

EVOLVING GOLD CORP.

"Robert Barker"
"