Creating Wealth Through Discovery January 2013 Forward Looking - PowerPoint PPT Presentation

EVOGF : OTCQX EVG : TSX FSE : EV7 Creating Wealth Through Discovery January 2013

Forward Looking Statements This document and the information contained herein do not constitute a prospectus and do not form any part of an offer to sell or the solicitation of an offer to buy, or an invitation to apply for, securities in any jurisdiction. Potential investors should not rely solely on the information contained herein prior to making any investment decision. Investors should seek independent advice from a qualified finance and investment advisor, giving due regard to their own personal circumstances, prior to forming any investment decision. FORWARD LOOKING STATEMENTS: This document includes certain “forward -looking statements. ” All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties. There can be no assurances that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. In compliance with National Instrument 43-101, Dr. Quinton Hennigh, Ph.D., P.Geo., is the Qualified Person responsible for the accuracy of this content. Carlin Rigs 2011 1 Creating Wealth Through Discovery

Delivering Value Through Gold Exploration Clear Strategy and Investment Niche Focus on multi-million ounce potential In mining-friendly locations Aggressive drill-intensive approach Jake Creek Rattlesnake Carlin - Gold Projects: Humboldt Carlin High grade Carlin gold system Humboldt Multiple Carlin-style gold targets Jake Creek Epithermal gold system Rattlesnake Alkaline gold system with district potential 2 Creating Wealth Through Discovery

Experienced Leadership + Proven Discovery Team Board of Directors, Independent Directors: ( Bill Lindqvist, Bill Majcher, Robert Barker) R. Bruce Duncan , C.E.O. & Director Mr. Duncan brings to Evolving Gold over thirty years of experience in the capital markets and brokerage industry. He is the Principal of West Oak Capital Partners Inc., which provides strategic advisory services, including identifying and qualifying merger and acquisition candidates and advising in public transactions. Mr. Duncan currently sits on the boards of several private companies and is the Executive Chairman of Canada Coal Inc., (CCK:TSX-V), an Independent Director of GeoNovus Minerals Corp., (GNM:TSX-V), Executive Chairman for Canada Carbon Inc. (CCB:TSX-V) and the former CEO and Director of Prosperity Goldfields Corp. (PPG:TSX-V). Mr. Duncan also has extensive experience advising corporate clients on takeovers, both friendly and hostile, either by designing and executing effective approaches to acquiring assets or by implementing defensive strategies. Chuck Jenkins , C.F.O. Mr. Jenkins has broad experience in accounting, banking, securities regulation and corporate finance. Most recently, he has served as the Chief Financial Officer for a number of mining exploration and development companies. Prior to his involvement with public companies he previously worked in corporate finance with brokerage houses in Vancouver and Calgary. Dr. Quinton Hennigh , Technical Advisor Economic geologist with +20 years of exploration experience. Oversaw the exploration leading to the Arch gold discovery at the Carlin Project (NV) and the Rattlesnake Hills gold discovery, (WY). Responsible for the current portfolio of EVG projects. James Duivenvoorden , Senior Project Geologist Mr. Duivenvoorden has been with Evolving Gold since 2006. He has been intimately involved with all Company exploration assets, particularly the Carlin, Nevada project where he has worked since the primary agreement and Permitting. Eric Eckberg , Senior Geologist Mr. Eckberg joined Evolving in 2008 as a Senior Geologist based at Rattlesnake Hills, Wyoming. Eric’s work has been 100% focused on the Rattlesnake Hills project since. 3 Creating Wealth Through Discovery

Corporate Summary Share Structure (September 30 th , 2012) Shares Outstanding 151,013,445 Options 11,984,000 Warrants Outstanding 17,304,400 Fully Diluted 180,301,845 Valuation Recent share price: $0.20 52 week Hi/Low: $0.73/0.19 Market Cap: $30M Cash: $2.8M Markets Humboldt Rig 2011 Largest shareholders: Goldcorp, Pinetree, Richmond Capital 4 Creating Wealth Through Discovery

The Carlin Trend A Unique Gold Address + 150 million oz gold endowment; + 75 million oz production Rare combination of highly productive geology and developed infrastructure Underground mining in the Trend – has exceeded expectations South Carlin Trend, EVG’s focus, is largely unexplored Newmont’s +30 M oz Gold Quarry Mine Town of Carlin EVG Discovery 5 Creating Wealth Through Discovery

Carlin-Humboldt: Prospective Land Position Heart of the Carlin Trend Located between Newmont’s Gold Quarry and Rain Mines; adjacent to Gold Standard 145 sq. km. of mineral rights Humboldt Project is 100% controlled by EVG Gravity suggests favorable carbonate rocks at permissive depths across the property Gravity helped identify 24 drill targets 6 Creating Wealth Through Discovery

Carlin-Humboldt: Untested Target Area 100 M oz 45 M oz 4 M oz ? Rain Area North Area Maggie Ck Area NW SE Meikle Leeville Gold Quarry Rain Goldstrike Carlin-Humboldt Target Area 5 km Leeville Rain Goldstrike Gold Quarry Green is best gold host; the Lower Plate limestone (modified from D. Mathewson, 2002) 7 Creating Wealth Through Discovery

Carlin-Humboldt: Arch Gold Zone Deep drilling defines: Alteration zone 0.6 x 1.0 km and open in all direction Gold grades, widths and depths similar to existing gold mines on the Carlin Trend 18.3 m at 11.7 g/t , incl 1.5m at 57.9 g/t 10.1 m at 11.1 g/t , incl 3.1 m at 29.8 g/t 21.5 m at 6.6 g/t , incl 14.7 m at 8.8 g/t Intercepts from hole CAR-016.1 (July 2012) 2.7 m at 33.11 g/t 19.5 m at 11.76 g/t , incl 9.1 m at 22.0 g/t 3.8 m at 29.53 g/t Within an 87 meter core interval, six high grade intervals (31.6 meters cumulative) average 15.85 grams per tonne gold 8 Creating Wealth Through Discovery

Carlin-Humboldt: 2013 Drilling Plans “Arch Target” Refine geologic controls of high grade mineralization around holes CAR-007 and CAR-002 with close-spaced offset drilling Follow up with additional wedge holes to further evaluate the size and geometry of high grade mineralization 9 Creating Wealth Through Discovery

Mineable Depth of Discovery Underground Gold Mines of North America 10 Creating Wealth Through Discovery

Jake Creek: New Gold Discovery EVG Discovery 2010 2 holes testing gravity embayments Two target types: Volcanic rocks hosting 1. epithermal veins and disseminated gold 2. Carlin-type system in underlying Paleozoic rocks Large Land Position 100% EVG controlled 58 sq. km of mining claims 11 Creating Wealth Through Discovery

Jake Creek: 2011 Drill Program Completed 3,580m in 11 RC drill holes Gold system +500m wide, open to the north/south/east Bonanza-style veins with grades to 11.3 g/t Au 39.6m of 0.873 g/t Au in JC-002 Eastward thickening of favorable tuff host; increasing alteration intensity and veining 12 Creating Wealth Through Discovery

Rattlesnake Hills: Location Wyoming A resource dominated economy Excellent mining infrastructure Highways, services, labour supply, power grid & gas pipeline (82 km to Casper) Wyoming: One of the world’s top 10 best jurisdictions for mining policy (Fraser Institute) Land Package 56 sq. km of claims and state leases Under-explored EVG early entrant, first pick of targets 2 km 13 Creating Wealth Through Discovery

Rattlesnake Hills: Highly Prospective Deposits EVG Drill Discoveries 2008-2010 Tertiary Volcanic 3 seasons of drilling by EVG 62,000 m in 156 drill holes North Stock Focused on small part of large property Identified Two Gold Deposits Precambrian Drilled Gold Schist North Stock - in diatreme & schist Mineralization Antelope Basin- in diorite intrusive & schist Defined Broad Mineralized Corridor Antelope Basin Many long intersections of +1 g/t Au 405 m at 1.31 g/t Plus significant higher grade gold 67m at 10.8 g/t 50.3 m at 5.87 g/t 146m at 2.92 g/t 300 meters 131m at 2.84 g/t 14 Creating Wealth Through Discovery