VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 7, 2010) – Taku Gold Corp. (TSX VENTURE:TAK) is pleased to announce that it has staked an additional 200 claims to expand the Dan property to 368 claims (7,655 hectares). 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 Underworld’s White Gold project located 35km due south and Underworld’s JP Ross and Maisy May project located immediately to the southeast. Taku now controls 550 claims (11,440 hectares) in the White Gold play. A map showing Taku’s claims is available at www.takugold.com.
The Dan claim block straddles a creek that has never been placer mined despite the fact that it is well known for its placer potential having been prospected for placer gold since the turn of the century. The property also covers 22 kilometres of a prospective, well-defined, linear, thrust fault system that is the probable northern extension of the gold-bearing trend found on the adjacent JP Ross property. Ultramafic rocks and felsic Cretaceous intrusives that are found within and have been brought to surface by the thrust fault also enhance the gold potential of the property.
Due to poor exposure of bedrock in the White Gold district, soil sampling has been the primary reconnaissance exploration tool utilized by Underworld to identify drill targets (Underworld Press Release, January 27, 2010). Taku intends to follow the same “footprint” strategy and plans to collect up to 5000 soil samples from the Dan property in 2010.
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.
Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above and in the corporation’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 corporation does not intend to update this information and disclaims any legal liability to the contrary.
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