Taku Samples Up to 3.4 Grams Per Tonne Gold at Rosebute in White Gold District of Yukon
September 12 2011 - 8:00AM
Marketwired
Taku Gold Corp. (the "Company") (TSX VENTURE: TAK) is pleased to
announce results from detailed deep auger-type soil sampling
completed over a grid established in the northern part of the
Rosebute property. The 544-claim (11,260-hectare) property is
located approximately 55km due south of Dawson City in the White
Gold area of Yukon. The property was acquired in 2010 from
well-known Yukon prospector Shawn Ryan. The detailed grid sampling
was completed over a prospective area first identified by Ryan in
2009 and initially grid sampled by Taku in 2010.
Sample results in 2011 are well above the 2010 results and
confirm the gold potential over an area covering approximately 9
claims (189ha). Sample density on this area is now at 50m sample
stations on lines spaced at 50m apart and three distinct anomalies
are delineated. The first anomaly is located in the northern part
of the gridded area. It is well defined over an east trending
length of 900m and shows maximum values up to 212 parts per billion
gold (ppb Au). The second anomaly is located in the southern part
of the gridded area. It is well defined over an east trending
length of 500m and shows maximum values up to 1334ppb Au or 1.3
grams per tonne gold (gpt Au). The third anomaly is located in the
eastern part of the property. It is well defined over an east
trending length of 450m and shows maximum values up to 254ppb Au.
The first and third anomalies line up in a west to east trend and
may in fact identify one gold-bearing zone up to 1.8km long. More
work will have to be done to establish if this is a valid
interpretation.
Elsewhere on the property a gold value of 3.4gpt Au was returned
from a ridge and spur soil sample collected at a location
approximately 3km north of the gridded area. Results are pending
for approximately 550 ridge and spur soil samples collected mostly
in the southern part of the property.
"Our next step will be to prospect, trench and sample the three
gold zones identified in the gridded area. The area where the
3.4g/t sample was collected also needs to be checked out," 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.
Contacts: Taku Gold Corp. Zachery Dingsdale CEO and President
604.642.0115 or Toll Free 866.345.0115 604.642.0116 (FAX)
info@takugold.com
Taku Gold Corp. (TSXV:TAK)
Historical Stock Chart
From Sep 2024 to Oct 2024
Taku Gold Corp. (TSXV:TAK)
Historical Stock Chart
From Oct 2023 to Oct 2024