VANCOUVER, British Columbia, July 28, 2005 (PRIMEZONE) -- Evolving Gold Corp (CNQ:GOLD) (OTCBB:EVOGF) is pleased to announce that it has begun trading on the Nasdaq Over-the-Counter Bulletin Board ("OTCBB") under the symbol EVOGF. The Company filed its 20F registration statements with the Securities and Exchange Commission ("SEC"). Subsequently, the Company submitted a 15C-211 to the NASD through Public Securities, of Spokane, Washington, the Company's sponsoring market maker. Evolving received confirmation of our application to the NASD on July 25, 2005. The Company will continue to maintain its full listing in Canada on the Canadian Trading and Quotation System (CNQ:GOLD).
The Company will continue work on its Winnemucca Mountain Property in Nevada. Currently, its land position is 272 claims covering approximately 2115 hectares (5,226)acres. The Company has completed a detailed compilation of existing data and has made preliminary geological investigations on site in preparation for a 2005 fall field program. Field work will consist of surface geological mapping, geophysical surveying of newly-interpreted target trends, and drilling of the higher-priority targets.
In addition, the Company is currently compiling all existing data in preparation for a field program on its Labrador Property which will include additional geochemical and geophysical surveys (including deep-probing Horizontal Loop EM), geological mapping, and drilling in the fall/winter of 2005.
The Company will be continuing its work commitments at the Murray Lake Property. During the summer/fall, the Company will be doing some further field work, geological mapping and identifying future drill targets.