NEWS RELEASES

Gold Wheaton Appoints Nolan Watson As A Director

Gold Wheaton Gold Corp. (the "Company") is pleased to announce that the Shareholders of the Company have voted in favour of increasing the number of directors to five and the appointment of Nolan Watson to its Board of Directors effective September 29, 2008, further strengthening the Board as the Company moves towards developing its gold stream business.

Mr. Watson, the former Chief Financial Officer of Silver Wheaton Corp., was the first employee at Silver Wheaton and played an instrumental role in building it into a world class company with a multi-billion dollar market capitalization. During his tenure at Silver Wheaton, Mr. Watson participated in raising over $1 billion in debt and equity and in 2007 was recognized as one of the Top-40-Under-40 in Vancouver by Business in Vancouver magazine. Mr. Watson, a former Valedictorian of the Chartered Accounting Program, is a Chartered Financial Analyst charterholder and holds a Bachelor of Commerce Degree, with honours, from the University of British Columbia.

"Nolan will significantly enhance and strengthen the Gold Wheaton Board as we continue to grow the company. His extensive experience in the successful development of Silver Wheaton will be of immense value to the Company." said David Cohen, Chairman and CEO of Gold Wheaton.

Cautionary Note Regarding Forward-Looking Statements

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to those with respect to the price of gold, platinum or palladium, the timing and amount of estimated future production, costs of production, reserve determination and reserves conversion rates involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold Wheaton to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among other risks, risks related to the integration of acquisitions, risks related to international operations, risks related to joint venture operations, the actual results of current exploration activities, actual results of current reclamation activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold, platinum or palladium, as well as those factors discussed in the section entitled "Risk Factors" in Gold Wheaton's Filing Statement dated July 9, 2008 as filed on SEDAR. Although Gold Wheaton has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

GOLD WHEATON GOLD CORP.

"David Cohen "
David Cohen
Chairman and CEO

For further information, please contact:
Investor Relations: 1.778.373.0107 or Toll Free: 1.877.837.0107
Email: info@goldwheaton.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release