Taku Partner to Drill 1500 Metres on Rosebute Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Taku Gold Corp. (CSE:TAK) ("Taku" or the "Company") is pleased to report that Independence Gold Corp. (TSX VENTURE:IGO) has announced it will commence up to 1,500 m of RAB drilling on the Hudbay Zone on Taku's Rosebute Property (July 5, 2016 news release). The Rosebute Hudbay Zone hosts three, north trending gold -in-soil anomalies, each greater than 1.0 km in length and 150 m in width. In 2012, Taku intersected 6.2 g/t gold over 5.0 m (Trench 2), 1.2 g/t gold over 10.0 m (trench 5) and 1.5 g/t gold over 20.0 m (Trench 4) (Taku news release September 12, 2012) all located within the Hudbay Zone.

The Rosebute Property comprises 694 contiguous claims (14,387 hectares) and contains two significant new gold discoveries known as the Norwest and Hudbay zones. The Property is located approximately 58 kilometres ("km") south of Dawson City, Yukon and approximately 29 km north of the Golden Saddle Deposit owned by Kinross Gold Corporation. The Property is contiguous to the west of Independence's Henderson Property, and is situated in close proximity to the northern access road proposed by Kaminak Gold Corporation that will provide access to the multi- million-ounce Coffee gold deposit recently purchased by Goldcorp for $520 Million.

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 that reviewed and approved the technical content of this release.

On Behalf of the Board of 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/

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.