Taku Gold Corp.

Published : August 10th, 2011

Taku Identifies Two Gold-In-Soil Zones at Bishop Property in Yukon

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august 10, 2011

Taku Identifies Two Gold-In-Soil Zones at Bishop Property in Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce final results from a preliminary deep auger-type, soil geochemical survey completed over the 227-claim (4,699 hectare) Bishop property in late June 2011. The Bishop property is located approximately 45km south 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 838 soil samples were collected along ridges and spurs at 50m intervals. Two clusters of anomalous gold, silver, arsenic and antimony were identified by the sampling. The first area is located in the north-central part of the property and shows gold-in-soil values up to 41.2 parts per billion gold (ppb Au) over a continuous distance of 800m. The second area is located 2km west and shows gold-in-soil anomalies up to 88.8ppb Au over a continuous distance of 600m. Both areas also show consistent moderate to strong silver, arsenic and antimony values. Detailed sampling is now underway over these areas with sample stations every 50m on lines spaced 100m apart in order to follow up the encouraging initial results. Distribution maps for gold, silver, arsenic and antimony will be posted on the Taku website shortly.

"The gold zones at Bishop are remarkably persistent over long distances and we are looking forward to the results from the detailed sampling to see just how extensive these zones are," 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

Follow Taku Gold On:

Facebook: http://www.facebook.com/takugold

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.

Contact Information:

Taku Gold Corp.
Zachery Dingsdale
CEO and President
604.642.0115 or Toll Free 866.345.0115
604.642.0116 (FAX)
info@takugold.com
www.takugold.com

 

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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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