Carpathian Gold Announces A Web Cast Conference Call On The Proposed Brazilian Acquisition

UK, Dec 18, 2007 - (Hugin via ABN Newswire) - TORONTO, ONTARIO--(Marketwire - December 17, 2007) - Carpathian Gold Inc. (TSX: CPN) ("the Corporation").

A conference call has been scheduled for Wednesday December 19, 2007 at 10:00 am Eastern Standard Time (E.T.) to discuss the Proposed Acquisition of the Riacho Dos Machados Gold Mine and Exploration Package.

Conference Call Information

Local Area 416-641-6142 Toll Free (North America) 1-866-299-8690 International 800-6578-9898

Call participants can go to www.carpathiangold.com home page during the call to view information on the project.

Conference Call Replay

Replay Call +1-416-695-5800 - password 3246418# Replay Toll Free Call 1-800-408-3053 - password 3246418#

The Conference call replay will be available December 14, 2007 to 11:59 pm E.T. The Corporation is a mineral exploration company focused on gold exploration and development primarily on its properties in Romania and with this acquisition in Brazil as well.

Forward-Looking Statements: This press release includes certain statements that may be deemed "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", and other similar words, or statements that certain events or conditions "may" or "will" occur. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward-looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurance that forward-looking statements will prove to be accurate, as results and future events could differ materially from those anticipated statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

The TSX does not accept responsibility for the adequacy or accuracy of this news release. Contacts: Carpathian Gold Inc. Dino Titaro President & CEO (416) 368-7744 (416) 260-2243 (FAX)

Carpathian Gold Inc. Mike O'Brien Manager Investor Relations (416) 368-7744 (416) 260-2243 (FAX) Email: info@carpathiangold.com Website: www.carpathiangold.com

Eric Leboeuf Investor Relations, Montreal (514) 341-0408 or 1-866-460-0408 (514) 341-1527 (FAX) Email: ericleboeuf@paradox-pr.ca

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Carpathian Gold Inc.

Stock Identifier: LSE.ISDUMMY