Taku Drills 0.95gpt Gold Over 23.4m at Rosebute in White Gold Area of Yukon
21 Agosto 2012 - 7:30AM
Marketwired Canada
Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to release results
from a four hole, 963 metre core drilling program recently completed on the
544-claim (11,260-hectare) Rosebute property located approximately 55 kilometres
due south of Dawson City, Yukon. The property was acquired in March 2010 from
well-known Yukon prospector Shawn Ryan. The drilling was done to test a number
of strong gold-in-soil trends obtained in 2011 from an area in the northwestern
part of the property identified as the "Norwest" zone (Taku Press Release -
February 6, 2012). Three of the four holes returned notable gold intersections.
The first hole intersected 0.95 grams per tonne gold (gpt Au) over 23.4 metres
(m) from 22.6m in an area where soil geochemical sampling returned up to 1.3gpt
Au within an anomalous trend at least 500m long. The second hole intersected
1.58gpt Au over 1.0m from 19.0m in an area where a strong arsenic-in-soil
anomaly was identified in 2011. The fourth hole intersected 0.88gpt Au over 3.0m
from 66.0m where soil geochemical sampling returned up to 0.3gpt Au within an
anomalous area at least 450m long. The third hole, drilled to test 900m long
gold -in-soil trend with values up to 0.2gpt Au, did not intersect any notable
gold-bearing intervals.
The following table summarizes all the gold-bearing intervals encountered by the
drilling:
Wt.
Depth From Length Avg.
Hole UTM mE(i) UTM mN(i) Azimuth Dip m m m gpt Au
----------------------------------------------------------------------------
130 -50
RO12-01 570282 7043134 degrees degrees 243.0 23.4 22.6 0.952
150 -50
RO12-02 570267 7044463 degrees degrees 231.0 19 1 1.576
215 -50
RO12-03 570909 7044086 degrees degrees 231.0 - - -
305 -50
RO12-04 569493 7043960 degrees degrees 258.0 66 3 0.884
(i) UTM Zone WGS Zone 7N
All analytical results referred to in this release were determined by Acme
Analytical Laboratories Ltd. in Vancouver, B.C. Acme is accredited under ISO
9001. Drill core samples were prepared by crushing one kilogram to 80% passing
-10 mesh and then pulverizing a 250g subsample to 85% passing -200 mesh. Each
subsample was analyzed for gold by 30g fire assay, ICP-ES finish. Taku follows
an independently designed and monitored quality assurance/quality control
program involving the insertion of standards, blanks and duplicates into the
sampling stream.
Mark Fekete, PGeo., a director of Taku, is the designated qualified person as
defined in Section 1.1 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,
Taku Gold Corp.
Zachery Dingsdale, CEO and President
Follow Taku Gold On:
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Flickr: http://www.flickr.com/photos/takugold/
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.
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