Evolving Gold Corp. (TSXV: EVG) – Further Positive Drill Results at Rattlesnake Hills; High Grade Mineralization Encountered at Carlin Property, Nevada

Investment Highlights

  • In July, 2010 the company completed a private placement with Goldcorp Inc for 19.05 million common shares of the company at a price of $0.82 per share for proceeds of $15.62 million. We believe, the private placement shows Goldcorp’s confidence in the company’s projects and development programs.
  • Drilling at Rattlesnake Hills continues to confirm the presence of a core of higher grade mineralization while also extending higher grade mineralization and halo mineralization along strike and to depth.

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