Raven Gold Corp. is pleased to announce that the Company has amended the following news release originally released on August 17, 2007 to conform to NI 43-101 (Canadian National Instrument Qualified Person Standards). LAS VEGAS, Aug. 29 /PRNewswire-FirstCall/ -- Raven Gold Corp. (OTCBB: RVNG) (the "Company"), is pleased to confirm new open pit assay results from the La Currita gold and silver project in Temoris, Mexico. Raven Gold Corp is pleased to announce that ALS Chemex Labs have confirmed assays on six chip samples for the newly developed open pit area of the La Currita Mine. David Petersen P. Eng. took the six samples on July 19th 2007, and the object of this sampling project was to check the high silver and gold assays from earlier samplings. The samples were taken in two horizontal lines, 2 meters and 5 meters below the crest of the pit. Each sample was 1 meter in length and was taken across the exposed and accessible width of the pit. Only a small portion of the total width was sampled due to recent blasting. The Sulema vein is approximately 10 meters wide and has been traced on surface for 1100 meters along strike and is open on both ends. The central 440 meters has been explored by 5 levels spaced approximately 25 meters apart, vertically. The mineralization is continuous from surface through the 5 levels. David Petersen P. Eng. shipped the samples to the Chemex Prep. Lab in Chihuahua, Mexico and they were analyzed in Vancouver, British Columbia. It was determined by the Company that the Open Pit area should be given extreme priority, both in the North and South zones. The results are shown below: Sample Au Ag # g/T g/T --- --- --- B648705 5.51 544 B648706 0.43 53 B648707 0.4 64 B648708 4.07 391 B648709 30.3 1975 B6487010 7.05 979 -------- ---- ---- Average 7.99 668 David Petersen P. Eng. has acted as the qualified person as identified by National Instrument 43-101, and reviewed and verified the technical content of this release. 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 has numerous prospects and recent substantial discoveries. 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 one of the world's potentially leading primary silver producers. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold's El Sauzal gold mine. 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. CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN (1-877-317-2836), Email: , Website: http://www.ravengold.com/ DATASOURCE: Raven Gold Corp. CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN (1-877-317-2836), Email: , Website: http://www.ravengold.com/

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