VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 8, 2016) – Taku Gold Corp. (CSE:TAK) (“Taku” or the “Company”) is pleased to report the results of a soil geochemical sampling program completed on the 96-claim (2,006-hectare) McQ property located in the McQuesten River area approximately 35 kilometres northwest of Mayo, Yukon. The McQ property lies roughly 30 kilometres southwest of Victoria Gold’s Eagle Gold project which has stated National Instrument 43-101 compliant Probable Mineral Reserves of 91,600,000 tonnes grading 0.78 grams per tonne gold containing 2,300,768 ounces of gold (Victoria Gold Corp. – Technical Report, Eagle Gold Project, Yukon dated May 29, 2015). The property also adjoins the north boundary of Golden Predator’s Gold Dome property where exploration drilling has intercepted significant gold mineralization at the Tom, Swede, Hawthorne, Harvey, and Aorta Zones (www.goldenpredator.com, consulted September 7, 2016).
A total of 32 deep auger-type soil samples were collected to cover a gold-arsenic anomaly identified by regional reconnaissance soil geochemical sampling. The soil samples were collected on a ridge located in the southeastern corner of the property at 50 metre stations on four lines spaced 100 metres apart. The sampling clearly defines a gold- in-soil zone trending over a distance of 300 metres from west to east. Gold-in-soil values within the trend reach a maximum of 260 parts per billion. Arsenic values show a good correlation with gold with maximum arsenic values up to 1,682 parts per million. Silver values also show a good correlation with gold although, at a maximum value of 1.7 part per million, indicate only a weak silver anomaly. A map of the gold zone can be viewed by going to: http://bit.ly/2cD5sb2.
“We are pleased to obtain these positive gold results from the limited work we have done so far at McQ,” comments Zak Dingsdale, President and CEO.
All analytical results mentioned in this release were determined by 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 pur poses 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.
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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.
Zachery Dingsdale
CEO and President
604 642-0115
604 642-0116 (FAX)
[email protected]
www.takugold.com
