Taku Gold Corp.
TSX VENTURE : TAK

Taku Gold Corp.

September 28, 2011 08:00 ET

Taku Samples Up to 0.6 Grams Per Tonne Gold in Soil on Sulphur Property in Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce results from detailed deep auger-type soil sampling completed over a number of grids established throughout the Sulphur property. The 536-claim (11,095-hectare) property is located approximately 45km due south of Dawson City in the Klondike gold camp of Yukon. The detailed grid sampling was completed over prospective areas identified by "ridge and spur" sampling completed in May and June 2011. The grid sampling was done at 50m sample stations on lines spaced 100m apart.

The first zone is located in the south-central part of the property. It is well defined over an east-trending length of 1,200m and shows maximum values up to 576 parts per billion gold (ppb Au) or 0.6 grams per tonne gold (gpt Au). The second zone is located in the north-central part of the property. It is well defined over a southeast-trending length of 1,600m and shows maximum values up to 128ppb Au. The third zone is located in the southeastern corner of the property. It is well defined over a southeast-trending length of 600m and shows maximum values up to 102ppb Au. The fourth zone is located in the northeastern part of the property. The orientation and dimensions of this zone are unclear. It appears to be three parallel, northeast-trending subzones. The first, most northerly subzone, is well defined over a length of 100m and shows maximum values of 182ppb Au. The second, located 400m southeast of the first, is poorly defined over a length of 600m and shows maximum values of 211ppb Au. The third, located 450m southeast of the second, is well defined over a length of 400m and shows maximum values of 153ppb Au.

Mechanical trenching, prospecting and detailed sampling are now in progress on the four gold zones described above. "We will have our drill targets defined at the end of the work currently underway at Sulphur and will be ready to go for 2012," 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
    604.642.0115 (FAX)
    info@takugold.com