Taku Gold Corp.
TSX VENTURE : TAK

Taku Gold Corp.

April 27, 2010 08:38 ET

Taku Expands White Gold District Properties in Yukon to Total 21,258 Hectares

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2010) - Taku Gold Corp. (TSX VENTURE:TAK) is pleased to announce that it has staked an additional 80 claims to expand the Dan property to 448 claims (9,318 hectares). The property is located some 40km south of Dawson City in the White Gold district of Yukon and covers prospective rock types and structures similar to Underworld's White Gold project located 35km due south and Underworld's JP Ross and Maisy May project located immediately to the southeast. Taku now controls a dominant position in the White Gold play with 1022 claims (21,258 hectares). A map showing Taku's claims is available at www.takugold.com.

The Dan claim block straddles a creek that has never been placer mined despite the fact that it is well known for its placer potential having been prospected for placer gold since the turn of the century. The property also covers 22 kilometres of a prospective, well-defined, linear, thrust fault system that is the probable northern extension of the gold-bearing trend found on the adjacent JP Ross property. Ultramafic rocks and felsic Cretaceous intrusives that are found within and have been brought to surface by the thrust fault also enhance the gold potential of the property.

Due to poor exposure of bedrock in the White Gold district, soil sampling has been the primary reconnaissance exploration tool utilized by Underworld to identify drill targets (Underworld Press Release, January 27, 2010) and led to the discovery of the Golden Saddle and Arc deposits. The current resource estimation at Golden Saddle stands at 1,004,570 indicated ounces at 3.2gpt Au, with an additional 407,413 inferred ounces at 2.5gpt Au. At Arc, the initial resource stands at 170,470 inferred ounces at 1.2gpt Au (Underworld Press Release, January 19, 2010).

Taku intends to follow the same "footprint" strategy and plans to collect up to 5,000 soil samples from the Dan and another 5,000 soil samples from the nearby Rose & Bute property in 2010. The goal of the soil sampling will be to identify "Golden Saddle-style" geochemical signatures that will provide prospective drill targets.

Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the preparation of this release.

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above and in the corporation's periodic filings with the British Columbia Securities Commission and the U.S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not intend to update this information and disclaims any legal liability to the contrary.

Shares Issued 19,452,639

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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