Drilling Progress Update - $690,000 Private Placement Completed

May 14, 2007

White Rock, B.C. - Carlin Gold Corporation (TSX Venture, CGD), ("Carlin" or the "Company") is pleased to announce that the initial phase of drilling on its Golconda Summit project in Nevada, consisting of four reverse circulation drill holes totaling 2380 feet, has been completed. All four holes have intersected the lower plate rocks and terminated in the Prebble formation. Assays are pending.

Drilling has now commenced on the Company's Iowa Canyon project where ten drill holes are currently planned.

The Company is further pleased to announce that it has completed a $690,000 private placement, which was announced on April 12, 2007.

The 3,000,000 unit non-brokered financing was priced at $0.23 per unit. Each unit consisted of one share and one share purchase warrant. Each warrant is exercisable for a period of two years at a price of $0.30. If the Company’s shares close at $0.60 or higher for a period of ten consecutive business days, the warrant holders will have 30 days to exercise their warrants or they will be cancelled. The Company paid a finder’s fee of $59,800, and issued 260,000 finders’ warrants exercisable on the same terms as the private placement warrants, in connection with this financing.

The Company will utilize the proceeds of the private placement to identify new exploration projects and for general working capital

About Carlin

Carlin Gold Corporation is a junior resource company focused on gold exploration in Nevada. The Company currently controls eight properties in Nevada, including two joint venture projects with partners earning an interest.

"Wayne Livingstone"

Wayne Livingstone, President

Telephone: (604) 669-9970

Website: www.carlingold.com

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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the information contained herein.

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.