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Taku Gold Corp (2)
Symbol TAK
Shares Issued 35,796,515
Close 2017-09-11 C$ 0.19
Market Cap C$ 6,801,338
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Taku samples up to 111 ppb Au at McQ

2017-09-12 08:04 ET - News Release

Mr. Zachery Dingsdale reports

TAKU EXTENDS GOLD-IN-SOIL ZONE TO 1.6 KM AT MCQ PROPERTY,MAYO MINING DISTRICT, YUKON

Taku Gold Corp. has released the results of a recently completed 538-sample soil geochemical survey on the 198-claim (3,780-hectare) McQ property located 35 kilometres northwest of Mayo, Yukon. The survey consisted of reconnaissance, deep auger-type soil sampling on ridges and spurs to follow up positive results obtained from prior surveys completed by Taku on the property.

The main outcome of the work was to extend the length of a previously identified, anomalous gold-in-soil zone. The 2017 sampling on this zone returned elevated gold values ranging from trace up to 111 parts per billion gold, and coincident, elevated arsenic values ranging from trace up to 533 parts per million arsenic. Prior sampling returned up to 259 ppb Au and 1,682 ppm As. The 2017 sampling has extended the zone to a known length of 1.6 kilometres southwest along a ridge from the original discovery site.

The zone occurs on the south boundary of the McQ property adjacent to Golden Predator Mining Corp.'s Gold Dome property where exploration drilling has intercepted significant gold mineralization at the Tom, Swede, Hawthorne, Harvey and Aorta zones (Sept. 7, 2017). In addition, the McQ property lies roughly 30 kilometres southwest of Victoria Gold Corp.'s Eagle gold project which has stated National Instrument 43-101-compliant probable mineral reserves of 91.6 million tonnes grading 0.78 gram per tonne gold containing 2,300,768 ounces of gold (Victoria Gold Corp. -- technical report, Eagle gold project, Yukon, dated May 29, 2015). Based on the positive exploration results obtained, Taku staked 100 additional mineral claims and intends to complete more detailed exploration work in 2018.

All analytical results mentioned in this release were determined by Bureau Veritas Commodities Ltd. (BV) in Vancouver, B.C. BV is accredited under ISO 9001. Soil samples were prepared by drying and sieving 100 grams to 80 mesh (BV Code SS80), and then analyzed for 36 elements (including gold) by 15-gram aqua regia digestion, ICP-MS (inductively coupled plasma mass spectrometry) finish (BV Code AQ201). Mark Fekete, PGeo, is the designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101 that 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 Dawson Range mineral belt of Yukon.

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