Tagish Lake Gold Corp.

Tagish Lake Gold Corp.

July 27, 2005 14:08 ET

Tagish Lake Gold Corp.: John Ross Appointed Investor Relations Liaison

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - July 27, 2005) - Tagish Lake Gold Corp. (TSX VENTURE:TLG) ("Tagish" or the "Company") is pleased to announce that it has retained the services of John Ross of West Vancouver, British Columbia as investor relations liaison for the Company. The initial term of the engagement will be four months.

John Ross has prior experience in investor relations with TSX Venture Exchange companies. Mr. Ross will help to produce and disseminate company literature, presentation material and reporting information, and serve as liaison between the Company and shareholders, investors, industry contacts and the financial community.

Mr. Ross will be compensated on the basis of a monthly fee of $3,400 for services, with an estimated cost of $13,600 for the initial four month period. Subject to the approval of the TSX Venture Exchange (the "Exchange"), the Company has also agreed to grant stock options to acquire 120,000 Common shares of the Company at an exercise price of $0.20 per share. The stock options are for a term of two years and will vest quarterly through the first twelve months of the option term.

The appointment of Mr. Ross as a consultant to the Company is subject to TSX Venture Exchange and other applicable regulatory approval.

About Tagish Lake Gold Corp.

Tagish Lake Gold Corp. is focused on exploration and development of high grade gold-silver mineral deposits in the Yukon territory of Canada, in particular the Skukum Mineral District (covering 178 km2) that is owned by Tagish. The Skukum Mineral District, located 80 km by road south of Whitehorse, hosts the Skukum Creek gold -silver deposit, and the Goddell Gully and Mt. Skukum gold deposits.

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

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