Raven Gold Corp.
OTC Bulletin Board : RVNG

Raven Gold Corp.

November 13, 2007 09:15 ET

Raven Gold Corp.-Appoints New President and CEO

LAS VEGAS, NEVADA--(Marketwire - Nov. 13, 2007) - Raven Gold Corp. (OTCBB:RVNG) (the "Company"), is pleased to announce that Mr. Mike Wood has been appointed as the new President & CEO of Raven Gold Corp. effective November 12, 2007.

Mr. Wood is from Oklahoma and is a partner in several business ventures including Oklahoma Casino Management systems that control all back-end aspects of casinos, 3D Electronics Imaging and Interactive Games. Mr. Wood has an excellent track record in bringing companies from start-up stage to fruition.

With respect to Mr. Wood's appointment, the Board of Directors of Raven Gold is very pleased to have someone of the caliber of Mike Wood as its new President and CEO, especially in the very competitive market for top quality management. His strong corporate finance and joint venture background combined with his exceptional leadership skills make Mike a valuable addition to the Raven team.

"Taking on the role of President and CEO is a tremendous opportunity," stated Mr. Wood. "I look forward to working with Raven's Board to maximize the potential of the La Currita Gold project in Mexico for all its shareholders."

The Board of Directors would like to thank Mr. Blair Naughty for his leadership and acknowledge the hard work that he performed for the company.

About La Currita

The La Currita project includes a mine, a 150 tonne/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. The existing mine holds potential to increase tonnage through systematic exploration. The area surrounding La Currita hosts numerous prospects and adjacent to the La Currita holdings, Palmarejo Gold recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating a potential major silver and gold producer.

About Raven Gold Corp.

Raven Gold Corp. is an international gold mining company, with exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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