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Taku Gold Corp (2)
Symbol TAK
Shares Issued 14,555,555
Close 2017-03-01 C$ 0.13
Market Cap C$ 1,892,222
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ORIGINAL: Taku Gold optionee cancels Rosebute option deal

2017-03-01 11:38 ET - News Release

Received by email:

File: Taku News 2017 03 01 Rosebute.pdf

                   Rosebute Agreement Terminated and Exploration Plans for 2017

March 1, 2017                                                                   Shares Issued: 14,555,555

Vancouver, British Columbia - Taku Gold Corp. (CSE: TAK) ("Taku" or the "Company") announces that
Independence Gold Corp. has terminated the earn-in agreement on Taku's Rosebute Property
("Rosebute" or the "Property") located in the White Gold District of Yukon less than one year into the
agreement. "We are quite happy to have Rosebute returned to us and look forward to exploring the
property in 2017," commented Zak Dingsdale, President. "The limited work completed in 2016 by
Independence in no way reduces the exploration potential of Rosebute," adds Mark Fekete, Vice-
President.

Rosebute is located in the heart of the White Gold camp. This new gold camp has shown a rapid evolution
from the initial Golden Saddle discovery in 2009, currently held by Kinross Gold Corp., to the $520 million,
all-share acquisition of Kaminak Gold Corp. in May 2016 by Goldcorp Inc. Kaminak's key asset was the
Coffee Gold project located at the south end of the White Gold district approximately 130 kilometres
south of Dawson City. Coffee currently has total gold mineral resources (Goldcorp press release - May 12,
2016) of 3.0-million ounces indicated (63.7Mt at 1.45g/t), and 2.2-million ounces inferred (52.4Mt at
1.31g/t).

Agnico-Eagle Mines Ltd. has recently entered the camp with a $14.52-million equity investment in White
Gold Corp. (White Gold press release - December 13, 2016). White Gold only just acquired 12,301 claims
(249,000 hectares) across 21 properties covering a large portion of the White Gold district from Shawn
Ryan; the prospector credited with both the Golden Saddle and Coffee discoveries (White Gold press
release - December 22, 2016).

Taku holds a portfolio of five properties covering 1,449 claims (29,813 hectares) in the White Gold district
http://bit.ly/2lT31Es. These properties were acquired by Taku in 2010 and have seen integrated
exploration work including airborne geophysical surveys, reconnaissance and detailed soil geochemical
surveys, focused geophysical surveys, and limited trenching and drilling. Taku holds an enviable database
and strong local expertise in the White Gold camp.

The Rosebute property comprises 694 contiguous claims (14,387 hectares) and contains three extensive
gold-in-soil zones known as the Nor'west, Hudbay and Southeast zones. http://bit.ly/2lSTPQt The
Property is located approximately 58 kilometres south of Dawson City, Yukon and roughly 29 kilometres
north of the Golden Saddle deposit owned by Kinross Gold Corporation. It is situated in close proximity to
the Northern Access Road currently being built by Goldcorp to access to the multi-million-ounce Coffee
gold deposit. A seasonal road provides direct access to the eastern edge of the Property.
 In 2017, Taku intends to focus its exploration efforts at the Hudbay and Southeast gold-in-soil anomalies
on the Rosebute property. Detailed soil sampling will be completed south and west of the presently
defined Hudbay zone, and north and south of the Southeast zone http://bit.ly/2lSS8CK. Reconnaissance
ridge and spur soil sampling will also be done in the western third of the property which to date has not
seen any exploration work. Drilling may be done depending on the soil results. Taku is currently seeking
joint venture or equity financing to fund this work.

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 that reviewed and approved the technical content of this release.

                                 For more information please contact:
                          Zak Dingsdale, CEO and President at 1-905-269-0797
                                          zak@takugold.com
                                          www.takugold.com

About Taku Gold Corp.
Taku Gold Corp. 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.

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

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy 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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