Vancouver, BC, August 16, 2010 – Taku Gold Corp. (the “Company”) (TSXV: 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 1.8×1.8km 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
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