Taku Gold: Sulphur Project (Blues Zone) Sampling Results
Press Release: Taku Gold Corp. – Wed, Oct 23, 2013 8:48 AM EDT
finance.yahoo.com
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 23, 2013) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce results of a sampling program recently completed on the Blues Zone in the north-central part of the 100 per cent owned, 536-claim (11,344 hectare) Sulphur property located approximately 45 kilometres southeast of Dawson City, Yukon. A map of the sampling results can be viewed by clicking bit.ly
Six Geoprobe® lines were completed over a 700 metre strike length to test the Blues Zone gold-in-soil geochemical anomaly. Highly anomalous results were obtained from bedrock samples collected at five metre spacings on four of the six lines with maximum values up to 588 parts per billion gold (ppb Au). The results appear to identify three parallel gold-bearing structures. Taku intends to complete an induced polarization-resistivity (IP-RES) survey to obtain better definition of the three possible structures. It is anticipated that this work will begin by October 28 subject to availability of the IP-RES crew. The overall goal of the combined Geoprobe® and IP-RES method is to upgrade the original gold-in-soil anomaly to a high confidence drill target. In addition to the Blues Zone there are four other strong gold-in-soil zones (Stamps, Lions, Riders and Esks) on the Sulphur property. Taku intends to apply the same exploration method to these other zones if drilling in at the Blues Zone in 2014 intersects significant gold mineralization.
Geoprobe® is a brand name of high quality, hydraulically-powered, direct push machines that use both static force and percussion to advance sampling and logging tools into the subsurface. Ground Truth Exploration Inc. based in Dawson City, Yukon has developed a sampling method using a track mounted Geoprobe® to drive through deep soils to take soil and rock samples from the soil-bedrock interface. The method is particularly well suited to the Dawson area where the non-glaciated terrane leads to thick soil profiles and very little exposed bedrock.
The work described in this press release is being funded in part by a Yukon Mineral Incentives Program (YMIP) grant which has been recently increased to $35,000 from $25,000.
All analytical results mentioned in this release were determined by Acme Analytical Laboratories Ltd. ("Acme") in Vancouver, British Columbia. Acme is accredited under ISO 9001. Rock samples were prepared by crushing one kilogram to 80 per cent passing minus 10 mesh and then pulverizing a 250-gram subsample to 85 per cent passing minus 200 mesh. Each subsample was 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 that reviewed and approved the technical content of this release.
About Taku Gold Corp.
Taku Gold Corp. (http://www.takugold.com/) 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 the Yukon Territory and the Tagish Lake region of Northern British Columbia.
On Behalf of the Board,
Zachery Dingsdale, CEO and President, Taku Gold Corp.
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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.
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.
Contact:
Taku Gold Corp.
Zachery Dingsdale
CEO and President
604.642.0115 or Toll Free: 866.345.0115
604.642.0116
info@takugold.com
www.takugold.com |
