Jul. 6, 2011 (Marketwire Canada) --
VANCOUVER, BRITISH COLUMBIA -- Taku Gold Corp. ("Taku") (TSX VENTURE:TAK) is pleased to announce final results from a preliminary deep auger-type, soil geochemical survey completed over the 536-claim (11095ha) Sulphur property in late May and early June 2011. The Sulphur property is located approximately 45km southeast of Dawson City in the Klondike gold camp of Yukon. The goal of the survey was to identify areas prospective for detailed soil geochemical, prospecting and sampling work.
A total of 2262 soil samples were collected along ridges and spurs at 50m sample intervals. Three anomalous gold areas were identified. The first area, located in the south-central part of main block, shows a cluster of soil values above 15ppb Au with four samples above 60ppb Au up to a maximum of 104ppb Au. The second area, located in the north-central part of the main block, shows a cluster of soil values above 15ppb Au with a maximum value of 67ppb Au. The third area, located at the north end of the east block shows a cluster of soil values above 15ppb Au with a maximum value of 68ppb Au. This part of the property also shows consistently high arsenic values up to a maximum of 246ppm As and consistently high antimony values up to a maximum value of 9ppm. Three spot anomalies scattered in the central part of the property were also identified with values of 63, 73 and 107ppb Au. Distribution maps for gold, arsenic and antimony values in soil will be posted on the website shortly.
The gold values mentioned above are comparable to initial gold values obtained on Taku's Rosebute property located some 35km southwest of Sulphur (Taku Press Release – December 22, 2011). Taku will continue work at Sulphur immediately with detailed soil geochemical, prospecting and sampling work over the prospective areas identified by the initial sampling with the goal of generating trenching and drill targets.
"This is a good start to the 2011 exploration season. We are very pleased to see values from Sulphur on par with Rosebute," 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
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.
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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.
Taku Gold Corp.
CEO and President
604.642.0115 or Toll Free 866.345.0115