Taku Gold Corp.

Taku Gold Corp.

September 12, 2011 08:00 ET

Taku Samples Up to 3.4 Grams Per Tonne Gold at Rosebute in White Gold District of Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce results from detailed deep auger-type soil sampling completed over a grid established in the northern part of the Rosebute property. The 544-claim (11,260-hectare) property is located approximately 55km due south of Dawson City in the White Gold area of Yukon. The property was acquired in 2010 from well-known Yukon prospector Shawn Ryan. The detailed grid sampling was completed over a prospective area first identified by Ryan in 2009 and initially grid sampled by Taku in 2010.

Sample results in 2011 are well above the 2010 results and confirm the gold potential over an area covering approximately 9 claims (189ha). Sample density on this area is now at 50m sample stations on lines spaced at 50m apart and three distinct anomalies are delineated. The first anomaly is located in the northern part of the gridded area. It is well defined over an east trending length of 900m and shows maximum values up to 212 parts per billion gold (ppb Au). The second anomaly is located in the southern part of the gridded area. It is well defined over an east trending length of 500m and shows maximum values up to 1334ppb Au or 1.3 grams per tonne gold (gpt Au). The third anomaly is located in the eastern part of the property. It is well defined over an east trending length of 450m and shows maximum values up to 254ppb Au. The first and third anomalies line up in a west to east trend and may in fact identify one gold-bearing zone up to 1.8km long. More work will have to be done to establish if this is a valid interpretation.

Elsewhere on the property a gold value of 3.4gpt Au was returned from a ridge and spur soil sample collected at a location approximately 3km north of the gridded area. Results are pending for approximately 550 ridge and spur soil samples collected mostly in the southern part of the property.

"Our next step will be to prospect, trench and sample the three gold zones identified in the gridded area. The area where the 3.4g/t sample was collected also needs to be checked out," comments Zak Dingsdale, President.

All soil samples were collected by Breakaway Exploration Management Inc. All analytical work was completed at Acme Analytical Laboratories Ltd. ("Acme") in Vancouver, British Columbia. Acme is accredited under ISO 9001. Soil samples were prepared by drying and sieving 100g to -80 mesh, and then analyzed for 36 elements (including gold) by 15 gram Aqua Regia digestion, ICP-MS finish. 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 technical content of this release.

On Behalf of the Board,

Taku Gold Corp.

Zachery Dingsdale, CEO and President

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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

  • Taku Gold Corp.
    Zachery Dingsdale
    CEO and President
    604.642.0115 or Toll Free 866.345.0115
    604.642.0116 (FAX)