Mr. Quinton Hennigh of Novo reports

NOVO RESOURCES ANNOUNCES INVESTMENT IN EVOLVING GOLD CORP.

Novo Resources Corp. has purchased, through a non-brokered private placement, two million units of Evolving Gold Corp. at a price of 30 cents each, for a total investment of $600,000. Each unit consists of one common share of Evolving Gold and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of Evolving Gold at a price of 40 cents each for a period of three years from the date of issue.