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CGD.V ·

Stock Option Issuances Announced

Share Capital & Compensation

CARLIN GOLD CORPORATION

202-15388 24th Avenue, Surrey, BC V4A 2J2 Telephone: (604) 538-2477/ Facsimile: (604) 608-3878

December 7, 2010 TSXV: CGD

NEWS RELEASE

STOCK OPTION ISSUANCES ANNOUNCED

Surrey, B.C. – Carlin Gold Corporation (TSX Venture - CGD) ("Carlin" or the "Company") announces the issuance of 1,425,000 stock options to purchase 1,425,000 shares of the Company at an exercise price of $0.10 cents per share, expiring December 7, 2015. The stock options are being issued to directors, officers and consultants of the Company and are subject to approval by regulatory authorities.

About Carlin

Carlin is a junior resource company focused on gold exploration. The Company currently controls three resource properties in Nevada and just acquired a 50% interest in 1,500 claims in the Mayo Mining District in the Yukon Territory, Canada.

"Aris Morfopoulos"

Chief Financial Officer

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 forwardlooking 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.