Taku Samples Up to 746ppb Gold in Soil on Wounded Moose Property in Yukon
August 02 2011 - 9:56AM
Marketwired
Taku Gold Corp. (the "Company") (TSX VENTURE: TAK) is pleased to
announce final results from a preliminary deep auger-type, soil
geochemical survey completed over the 757-claim (15,670 hectare)
Wounded Moose property in mid to late June 2011. The Wounded Moose
property is located approximately 45km south of Dawson City in the
Klondike gold camp of Yukon. The goal of the survey was to identify
areas prospective for detailed soil geochemical, prospecting and
sampling work.
A total of 2068 soil samples were collected along ridges and
spurs at 50m intervals. An anomalous area was identified at the
northwest end of the property that returned numerous sample values
above 60 parts per billion gold (ppb Au). These values are
considered highly anomalous with a best value of 746ppb Au. This
area also shows moderate to high values for arsenic, antimony and
silver. There are three other areas located in the western and
southern parts of the property that returned moderate to strong
gold values ranging from 39 to 113ppb Au. Detailed sampling is now
underway on small grids with sample stations every 50m on lines
spaced 100m apart in order to follow up these encouraging results.
Distribution maps for gold, silver, arsenic and antimony will be
posted on the Taku website shortly.
"We are pleased to see strong numbers at the northwest end of
the property as it is road accessible and it would be easy to move
in an excavator or drill," 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
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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
800-610-9552 905-377-8347 (FAX) info@takugold.com
www.takugold.com
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