Raven Gold Corp.
OTC Bulletin Board : RVGC

Raven Gold Corp.

October 17, 2006 09:00 ET

Raven Gold Corp. Adds Chief Financial Officer

LAS VEGAS, NEVADA--(CCNMatthews - Oct. 17, 2006) - Raven Gold Corp. (OTCBB:RVGC) is pleased to announce the addition of Bashir Virji as Chief Financial Officer. Bashir is experienced chartered accountant with 20+ year's proven and stable track record in financial management, reporting and controls. This includes 9+ years in senior positions with a worldwide engineering, procurement and construction company in the oil and gas industry, 2 years with a publicly listed land development and housing construction company, and 6+ years in internal audit of a multi-national manufacturing/civil construction company.

About Raven Gold Corp.

Raven Gold Corp. is an international gold mining company, with advanced 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 in the next two years, as it puts the La Currita Mines into production in Mexico.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.

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