EVOLUTION MINING LIMITED — Board/Management Information 2009

Jan 5, 2009

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6 January 2008

CATALPA APPOINTS GENERAL MANAGER OPERATIONS

ASX Code: CAH

Capital Structure

Bruce McFadzean, Managing Director of Perth-based Catalpa Resources (ASX:CAH), today announced the appointment of Mr Stuart Pether as the Company’s General Manager Operations with effect from 12 January 2009.

Mr Pether is an experienced Mining Engineer and holds a BEng (Mining) with an impressive resume with over 20 years hands-on and technical experience in the resources sector.

Mr Pether has worked in various operational, managerial, technical and corporate roles in Australia and Canada in his career covering several commodities predominately in gold, nickel and zinc. Stuart is equally skilled in both open pit and underground mining environments.

Mr McFadzean commented as follows:

Stuart joins us at an exciting time in our company’s growth cycle. We are on the cusp of a new phase of development utilising our Edna May Gold Project as a launching pad for growth.

Stuart’s experience and proven track record in operations management, technical support, resource evaluation, contracts and project development is an important skill set to benefit Catalpa in our journey towards becoming a mid-tier producer. We see Stuart making a significant contribution to further enhancement of the Edna May Gold Project through technical review, contract negotiations, project implementation, system development and management of the project over the coming months.

Catalpa’s Board and management team are continuing our focus on moving the Edna May Gold Project towards production and Stuart’s appointment is further indication of our commitment towards achieving this goal.

We are very pleased to have attracted someone with Stuart’s experience and skill set to Catalpa Resources and we are delighted that Stuart shares our confidence in Catalpa’s assets and the future of the Company.

Total number of shares on issue: 518,168,935

Share Price Current: $0.037

12 month range: $0.075 (high) - $0.020 (low)

Board of Directors

Mr John Rowe: Non Exec Chairman Mr Bruce McFadzean: Managing Director Mr Murray Pollock: Non Exec Director Mr Barry Sullivan: Non Exec Director Mr Nigel Johnson: Non Exec Director Mr Graham Anderson: Company Secretary Mr Leonard Math: Company Secretary

Major Shareholders

Major Shareholders
Lion Selection Group Limited	51.05%
Goldrich Holdings	3.09%
Zero Nominees Drummond Shay Margaret	1.71% 1.16%
Parkrange Nominees	1.14%
UBS Wealth Management	0.95%
Charlemange Investments ANZ Nominees Limited Calliton	0.88% 0.69% 0.56%
Colbern Fiduciary Nominees	0.56%

ENDS

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For further enquiries contact:

Bruce McFadzean Warrick Hazeldine / Annette Ellis Managing Director Media and Investor Relations Catalpa Resources Limited Purple Communications Tel (08) 9321 3088 Tel: (08) 9485 1254

ABOUT CATALPA RESOURCES

Perth-based Catalpa Resources Limited (ASX: CAH) aims to become Australia’s next mid tier producer by developing its open pit assets, located on its extensive and wholly-owned mining tenements in Western Australia.

Catalpa is on the cusp of a new phase of development towards production at its Edna May Gold Project, conveniently positioned a few kilometres from the infrastructure of Westonia, an established town with a long mining history. The project is just three hours or 300km by road from Perth; half way between Perth and Kalgoorlie and ideally situated to be serviced by both centres.

Notably, there have been three previous successful mining programs which have occurred both above and below the planned open pit at Edna May, which significantly reduces the risk of Catalpa’s project.

Catalpa has an experienced and innovative Board and management team that is committed to realising a timely production and cash flow profile from the development of the Edna May open pit resources.

This is the company’s immediate strategy; and an update to the Company’s 2006 Edna May Gold Project Feasibility Study is presently being reviewed by the Board. In preparation for planned production at Edna May, the Company relocated its 2.8mtpa Big Bell mill to site in 2007. The mill is being maintained ‘ready for construction’ adjacent to the proposed plant construction site.

Catalpa is pursuing parallel growth with a renewed exploration programme underway on it’s 880km² of under-explored Westonia Greenstone Belt, and is reviewing other regional opportunities for acquisition and/or joint venture. In particular, Catalpa seeks to identify and develop new projects and/or acquisitions on its extensive land holding or within the region, which is prospective for gold, nickel and base metals.

Catalpa has a sound Resource base at Edna May with significant upside to grow Resources and Reserves and move towards production. With a buoyant outlook for the gold price, the Company’s Board believes that Catalpa Resources presents a sound investment opportunity with significant upside potential.

Catalpa Resources has adopted best practice standards across all its operating activities, including its social, health and safety, environmental management and corporate governance functions.

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