Mr. Zak Dingsdale reports

TAKU ACQUIRES KEYNOTE GOLD PROJECT IN KENO HILL AREA OF YUKON

Taku Gold Corp. has agreed to purchase a 100-per-cent interest in the 77-claim, 1,518-hectare Keynote property located in the Mayo mining district of Yukon. The property was acquired by an agreement executed with two arm's-length parties for total consideration of $35,000 and 300,000 shares in the capital of the company. The vendors will retain a 2.5-per-cent net smelter returns royalty in the Keynote claims. The purchase agreement is subject to approval by regulatory authorities. The share consideration will be subject to a hold period of four months plus one day from the date of regulatory approval.

The property is located adjacent to the prolific Keno Hill silver camp where 222.5 million ounces of silver have been produced up to the end of 2013. Alexco Resource Corp. has consolidated and continues to explore the camp for silver. Taku, however, acquired Keynote for its gold potential. The Keno Hill area is currently very busy for gold exploration with several projects continuing. The most advanced is the Eagle gold deposit, where Victoria Gold Corp. has identified a proven and probable reserve of 2.66 million ounces of gold and has forecast average gold production of 200,000 ounces of gold per year over an 11-year mine life (see Victoria Gold's news release dated Oct. 27, 2016). Other companies with active gold projects include Zonte Metals Inc. and Banyan Gold Corp.

Previous work completed by the vendors on the property has located an anomalous gold-in-soil zone with up to 292 parts per billion gold on the east side of the property. Surface rock grabs ranging from 175 parts per billion gold to 553 parts per billion gold have been collected from this zone. The gold values are associated with sheeted quartz veins and elevated arsenic values. This style of mineralization appears to fit the intrusion-related-gold-system-type deposit model proposed by Hart (2005).

Mark Fekete, PGeo, is the designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101 who reviewed and approved the technical content of this release.

About Taku Gold Corp.

Taku Gold 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 Yukon and the Tagish Lake region of Northern British Columbia.