New Carolin Gold Corp. announced that, for personal reasons, Mr. Robert Thast has resigned as President and CEO of the Company effective immediately. Mr. Thast worked tirelessly to enable the Company to consolidate its land position at its Ladner Gold Project and set it on the path of renewed exploration to hopefully realize what management believes is great potential in the project.

Although leaving the day to day operations of the company, Mr. Thast will stay on as a director.