Taku Gold Corp.

Published : August 16th, 2010

Obtains up to 108 ppb Gold From Initial Soil Survey at Rosebute

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AUGUST 16, 2010

Taku Obtains up to 108 ppb Gold From Initial Soil Survey at Rosebute

VANCOUVER, BRITISH COLUMBIA--(Aug. 16, 2010) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce the results of a preliminary soil geochemical survey completed in June 2010 on the 564-claim (11,731-hectare) Rosebute property. The property is located some 40km south of Dawson City in the White Gold district of Yukon and covers prospective rock types and structures similar to Kinross's White Gold project located 35km due south and Kinross's JP Ross and Maisy May project located 4km to the east.

From the total 285 samples collected, 44 samples returned anomalous gold values greater than 10ppb up to a maximum of 108ppb Au. The samples were collected over a grid located in the northern part of the property measuring approximately 1.8x1.8km where anomalous values up to 78ppb Au were previously obtained in 2003 -4 by the property vendor Shawn Ryan. Although the survey is limited, it clearly points to at least four prospective gold targets within the survey area. Maps outlining the survey results will be posted on Company website shortly. Taku intends to collect up to 5000 samples on the Rosebute property this year.

"We are very encouraged by these initial results and look forward to more good values from the rest of the 5000 samples" commented Zak Dingsdale, President and CEO.

The Samples were collected by Ground Truth Exploration Inc. of Dawson City, Yukon. The analytical work was completed at Acme Analytical Laboratories Ltd. (Acme) in Vancouver, British Columbia. Samples were dried and sieved to -80 mesh size and analyzed for 36 elements (including gold) by 15 gram Aqua Regia digestion, ICP -MS finish technique. Acme is accredited under ISO 9001.

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 preparation 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.

Follow Taku Gold On:

Facebook: http://www.facebook.com/pages/Taku-Gold-Corp/107297642654396

Twitter: http://twitter.com/takugoldcorp

YouTube: http://www.youtube.com/user/TakuGold

 

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.

 

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.

 

 

For more information, please contact

Taku Gold Corp.
Zachery Dingsdale
CEO and President
(604) 642-0115 or Toll Free: 1-866-345-0115
(604) 642-0116 (FAX)
tangentnews@telus.net

 

FEATURED Links:

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rssTaku Gold RSS

 

FOLLOW TAKU GOLD ON:

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Disclaimer | Contact

 

 

 

Taku Gold Corp.

EXPLORATION STAGE
CODE : TAK.V
ISIN : CA8740721011
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Taku Gold is a gold exploration company based in Canada.

Its main exploration properties are TAGISH 025 GOLD & SILVER and TAGISH 025 in Canada.

Taku Gold is listed in Canada. Its market capitalisation is CA$ 708 700 as of today (US$ 600 198, € 502 546).

Its stock quote reached its highest recent level on July 15, 2011 at CA$ 4.10, and its lowest recent point on January 05, 2015 at CA$ 0.01.

Taku Gold has 70 870 000 shares outstanding.

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Nominations of Taku Gold Corp.
8/11/2010Appoints Kenneth MacLeod as Director
Project news of Taku Gold Corp.
10/11/2012Taku Expands Rosebute Property to 695 Claims in White Gold A...
2/2/2012Taku Provides Exploration Update on Rosebute Property in Yuk...
10/11/2011Taku Releases Video Detailing Drilling at Portland Property ...
8/26/2011Taku Commences Drilling at Portland Property in Yukon
7/22/2011Taku Identifies Prospective Gold-in-Soil Geochemical Anomali...
7/6/2011Taku Identifies Prospective Gold-In-Soil Geochemical Anomali...
5/24/2011Taku Commences Exploration in the Yukon
6/10/2010(Tagish 025 Gold & Silver)acquiring prospects in White Gold discovery area
Corporate news of Taku Gold Corp.
11/5/2013Wounded Moose Trench Sampling Results
10/23/2013Sulphur Project (Blues Zone) Sampling Results
5/7/2013Argentium Resources Inc. and Taku Gold Corp. Sign LOI for Jo...
10/11/2012Expands Rosebute Property to 695 Claims in White Gold Area o...
9/24/2012Taku Highlighted In MGI Securities David Chapman Stock Of Th...
9/12/2012Taku Samples 6.17g/t Au Over 5.0m in Trench at Rosebute Proj...
9/12/2012Samples 6.17g/t Au Over 5.0m in Trench at Rosebute Project i...
8/28/2012Taku Outlines Large Gold-in-Soil Anomaly at Rosebute in Whit...
8/14/2012Taku Encounters Gold in Four Drill Holes on Sulphur Project ...
5/10/2012Interview and Presentation
5/9/2012to Exhibit in New York Hard Assets Investment Conference: Ma...
4/27/2012Livestream Presentation on Saturday April 28, 2012 at 11:00a...
10/25/2011Taku Samples Up to 2.6gpt Gold in Soil on Montana Property i...
9/12/2011Taku Samples Up to 3.4 Grams Per Tonne Gold at Rosebute in W...
9/8/2011Fraser Mackenzie Quick Note on Taku Gold Corp.
8/10/2011Taku Identifies Two Gold-In-Soil Zones at Bishop Property in...
8/2/2011Taku Samples Up to 746ppb Gold in Soil on Wounded Moose Prop...
7/6/2011Identifies Prospective Gold-In-Soil Geochemical Anomalies on...
5/24/2011Commences Exploration in the Yukon
5/17/2011Taku Adds 13,000 Hectares to its Extensive Claim Holdings in...
5/17/2011Adds 13,000 Hectares to its Extensive Claim Holdings in the ...
8/24/2010Acquires Five New Properties
8/16/2010Obtains up to 108 ppb Gold From Initial Soil Survey at Roseb...
7/21/2010Announces Closing of $3,450,000 Financing
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