Mr. Neil Swift of Taku reports

TAKU ACQUIRES 100% OF SONORA GULCH PROJECT IN YUKON'S WHITE GOLD DISTRICT

Taku Gold Corp. has amended its previously announced property option agreement with Golden Predator Mining Corp. and has now acquired Golden Predator's 100-per-cent interest in the Sonora Gulch property in Yukon's White Gold district, in exchange for a final payment of 4.75 million shares of Taku under the option and a 1-per-cent net smelter return royalty.

"This agreement allows our shareholders to secure 100-per-cent interest in the attractive prospect of Sonora Gulch and the White Gold district while minimizing shareholder dilution," said Neil Swift, chief executive officer.

Under the terms of the amended option agreement, the company issued 4.75 million common shares of Taku (in addition to the 4.5 million common shares of Taku previously issued on Aug. 1, 2017) to Golden Predator in consideration for the Sonora Gulch property. This final issuance of 4.75 million shares replaced the company's previously announced second- and third-year share issuance obligations under the option. The securities issued pursuant to this transaction will be subject to a four-month hold period in accordance with applicable securities laws.

Sonora Gulch project

The Sonora Gulch project is 259 mineral claims covering approximately 5,414 hectares located in the Yukon's White Gold district. The Sonora Gulch property is located 110 kilometres (km) northwest of the town of Carmacks along the Casino Trail which extends to the Casino property located to the northwest. The property is centrally located within the Dawson Range mineral belt which includes many known deposits in central Yukon, including the Coffee and White Gold deposits in the northern portion of the belt, the Casino deposit 45 km to the northwest and Klaza, and Freegold Mountain area deposits to the south.

Golden Predator, through its predecessor, Northern Tiger Resources, explored the property from 2007 to 2011 and intersected gold in various zones of mineralization which have potential for expansion.

About Taku Gold Corp.

Taku Gold is a gold exploration company focused on advancing well-positioned projects in safe jurisdictions with a particular emphasis on the White Gold district of Canada's Yukon.