🕐16.11.12 - 00:27 Uhr

ENERGOLD DRILLING ANNOUNCES MANAGEMENT CHANGES



======================================================================= News Release - Thursday, November 15, 2012 Energold Drilling Announces Management Changes ======================================================================= VANCOUVER B.C., November 15, 2012 - Energold Drilling Corporation (TSX.V: EGD), a leading worldwide operator and manufacturer of mineral exploration and energy drilling rigs, today announced the appointment of Mr.

Craig Geier as Managing Director, Dando Drilling Services, ("DDS") effective immediately.

DDS is an affiliate of the Companys wholly owned rig manufacturer Dando Drilling International based in the United Kingdom and will be initiating the Energold Groups global water drilling services business segment.

Mr.

Geier was previously the Companys Chief Financial Officer and Vice President of Corporate Development.

In parallel with Mr.

Geiers appointment, the Company has appointed Mr.

Steven Gold as interim CFO, who was previously Director -- Corporate Development.

The Company has initiated an external search for a permanent replacement of the Chief Financial Officer.

"As Energolds fleet and service offering continues to grow both in size and geographical diversification, Craigs experience will help Energold grow its new division while also focusing on penetrating new markets worldwide.

The Companys board of directors expects a seamless transition as Mr.

Gold assumes the Companys CFO duties," said Fred Davidson, President and CEO. About Energold Drilling Corp. Energold Drilling Corp.

is a leading global specialty drilling company that services the mining and energy, and manufacturing sectors in 22 countries globally.

Specializing in a socially and environmentally sensitive approach to drilling, Energold provides a comprehensive range of drilling services from early stage exploration to mine site operations for both metals and energy in addition to its established drill rig manufacturer, Dando.

Energold also holds 6.98 million shares of IMPACT Silver Corp., a profitable Silver producer in Mexico. On behalf of the Directors of Energold Drilling Corp., "Frederick W.

Davidson" President, CEO For further information, please contact: Jerry Huang - Investor Relations Manager (604) 681 9501 or via email at or Steven Gold - Chief Financial Officer (416) 648-4065 or via email at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Associated File: http://www.energold.com/i/pdf/nr/EGD-121115nr.pdf 67 KB in size, approx.

13 seconds to download at 56.6Kbps ======================================================================= Copyright (c) 2012 ENERGOLD DRILLING CORP.

(EGD) All rights reserved.

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