Taku Gold Corp.

Taku Gold Corp.

May 17, 2011 08:28 ET

Taku Adds 13,000 Hectares to its Extensive Claim Holdings in the White Gold District of Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce that it has staked an additional 660 claims (13,662 hectares) in the White Gold District of Yukon. The claims form one continuous block approximately 35km long that covers the headwaters of Australia, Melba, Rob Roy, Burnham, Arkansas, Kentucky and Jensen Creeks. These creeks are all tributaries of Dominion Creek where significant placer gold production has been documented dating back to the Klondike Gold Rush of 1898. The block is located about 20km northwest of the Company's main camp that is currently under construction. Taku intends to complete reconnaissance deep auger-type soil geochemical and airborne geophysical surveys over the block in 2011. A finder's fee of 150,000 shares will be paid in connection with this acquisition subject to regulatory approval.

"Taku now has 3,683 claims covering approximately 76,238 hectares in the Dawson area and the Company is well financed to explore all of these claims in 2011," commented Zak Dingsdale, President and CEO. 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 review of the technical content contained in this release.

On Behalf of the Board,

Taku Gold Corp.

Zachery Dingsdale, CEO and President

About Taku Gold Corp.

Taku Gold Corp. (http://www.takugold.com) is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the White Gold District of the Yukon Territory and the Tagish Lake region of Northern British Columbia.

Follow Taku Gold On:

Facebook: http://www.facebook.com/takugold

Twitter: http://twitter.com/takugoldcorp

YouTube: http://www.youtube.com/user/TakuGold

Flickr: http://www.flickr.com/photos/takugold/

Statements in this release that are forward-looking are subject to various risks and uncertainties as identified above and in the Company'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 Company does not intend to update this information and disclaims any legal liability to the contrary.

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.

Contact Information