ces New Yukon Acquisition and Joint Venture with ConstantineCarlin Gold Announ Metal Resources Ltd

November 18, 2010

Surrey, B.C. - Carlin Gold Corporation (TSX Venture, CGD), ("Carlin" or the "Company") is pleased to announce that it has joined forces with Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine") in a 50/50 Joint Venture to explore a block of claims in Yukon Territory, Canada and to provide an update on its gold exploration projects in Nevada, USA.

Yukon Joint Venture

Carlin and Constantine have recently staked 1,500 claims in the Mayo Mining District, Yukon Territory. The claims are distributed in six blocks that total 31,350 hectares (121 square miles). The staking was focused on areas with regional, geochemical stream silt anomalies with elevated values in gold, arsenic, antimony and mercury, located primarily in lower Paleozoic strata with associated carbonates. Geochemical silt values in excess of 300 ppb gold and 3,000 ppm arsenic are present on some of the staked claims.

Several areas were selected to explore for 'Carlin-type' mineralization. The discovery by Atac Resources Ltd. of the Osiris Zone at its Rau Project contains mineralization which is characterized as Carlin type, and emphasizes the opportunity to find other similar deposits within the Tintina Gold Belt.

The staking has targeted Carlin-type opportunities. Reno, Nevada-based Bob Thomas, Carlin‟s V.P. Exploration, states: "This is an exciting opportunity to explore in a relatively under-explored Carlin type setting. There are many similarities in the geochemical and geological setting of the JV claims with Nevada gold systems. We look forward to exploring these claims in such a prospective grass roots environment."

The Company feels that its new holdings have potential for Carlin-type gold deposits similar to the new Osiris discovery. Carlin-type potential is supported by several interesting local and regional features:

  • Favorable regional trace element stream sediment geochemistry.
  • Carlin-type gold mineralization and alteration with orpiment and realgar.
  • Favorable carbonate bearing host rocks in the stratigraphic section.
  • Prominent regional scale thrust faults in the area of the new claims, similar to the regional thrust fault belts in the Carlin-type environment in Nevada.
  • Presence of regional antiformal traps, favorable for gold mineralization.
  • Setting for the new claims along the ancient continental margin, similar to many Nevada gold deposits.

The Carlin-Constantine JV is planning intensive silt, soil and rock sampling programs as part of the 2011 field season for initial field evaluation of the new claim blocks. Additional acquisitions in the Yukon are being evaluated.

Nevada Projects

Carlin controls a 100% interest in its Nevada properties with potential for Carlin-type gold deposits.

At its Cortez Summit property, the Company owns 83 lode claims in a strategic location on the Cortez Gold trend between the Horse Canyon (1.5 miles southwest) and Buckhorn (0.5 miles northeast) mines. Both Horse Canyon and Buckhorn are former gold producers controlled by Barrick. The Horse Canyon mine produced gold ore between 1984 and 1993; however exact figures are unavailable because they are included in the overall Cortez District production. The Buckhorn Mine produced 109,422 oz gold and 409,887 oz silver during the period 1988-1993. The Cortez area has a strong history of gold production with significant remaining reserves. The total gold produced, gold reserves and resources is estimated at approximately 29 million ounces. The most notable recent development in the district is the production start-up in Q1 2010 of the Cortez Hills project (Barrick), located approximately 4 miles west of Cortez Summit. Combined with the nearby Pipeline deposit, Cortez Hills is expected to produce in excess of 1 million oz/year. Other notable projects in the area are the ET Blue discovery, located approximately 3.4 miles south, and the Red Hills project located 1.4 miles southwest of Carlin‟s claims. The above mentioned gold deposits, except the Buckhorn Mine, are classic Carlin-type, hosted in Paleozoic sedimentary rocks. This is the main target on the Cortez Summit claims.

The Company has completed rock chip and soil sampling, geologic mapping and a gravity survey of the property. Gold values up to 0.447 g/t and anomalous Carlin-type pathfinder elements were encountered in the rock chip sampling. Interpretation of the gravity results suggests a number of significant horst block structures and structural trends for further evaluation. Geological appraisal of Cortez Summit indicates that the geological setting is similar in several respects to the nearby gold deposits in the Cortez trend. This assessment resulted in selection of 12 drill targets. Drill hole permitting with the Bureau of Land Management is in progress.

The Company‟s 77 claim JDS property is located approximately 12 miles southeast of Cortez Summit along the southeast extension of the Cortez trend. The claims are 100% owned, subject to a 2% net smelter return royalty. JDS is covered by late Tertiary sedimentary rocks and Quaternary alluvium. Devonian-age carbonates of the “JD Window” outcrop approximately 1.3 miles to the west of the property. This is the most southerly of the carbonate windows in the Cortez trend, and contains numerous gold and antimony prospects.

Regional gravity data indicates the existence of a potentially shallow bedrock ridge on the northern half of the property concurrent with a prominent anomaly of high mercury gas values. Mercury gas anomalies have been effective in identifying buried mineralization in several gold deposits on the Cortez trend. The "shallow" gravity feature and coincident mercury gas anomaly has not been drilled.

The Willow project in northeast Nevada consists of 88 100%-owned claims subject to a 1% to 3% net return royalty. Willow is located along an exciting potential new gold trend - the Jarbidge-Pequop trend – extending southeast from the Jarbidge district through the Willow project, southeast to the newly discovered Fronteer/AuEx Long Canyon deposit in the Pequop Mountains.

Willow covers approximately 2 miles of strike length along the Roberts Mountain Thrust (RMT). Lower plate carbonate rocks include favorable lithologies of the Roberts Mountain and Hanson Creek Formations. Altered intrusive rocks have yielded a late-Eocene age date, similar to that of most of the nearby Carlin-type deposits. Prospective drill targets are defined by series of northeast-trending, high-angle faults with adjacent anomalous gold values within hydrothermally altered lower plate carbonate rocks.

Scientific, analytical and technical information in this news release has been reviewed by Robert Thomas, the Company's qualified person pursuant to National Instrument 43-101.

"K. Wayne Livingstone"

K. Wayne Livingstone, President

Telephone: (604) 538-2477
Website: www.carlingold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Certain disclosures in this release, including management's assessment of Carlin's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Carlin's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Carlin 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 except as required by applicable securities legislation.