Tagish Extends the Mineralized Zone
Richmond, BC. - May 14, 2007 - Tagish Lake Gold Corp. (TSX-V - TLG) is pleased to report that extension of the Ridge Access Drift has demonstrated that the mineralized zone continues to the west past the previous workings. This zone is separated from the Rainbow Two Zone by a narrow rhyolite dyke. So far, the zone has been exposed over a length of 25 metres. The mineralization and other characteristics of this zone are similar to the Rainbow Two zone. Results from sampling of the drift are pending.
Mr. Robert Rodger, President of the Company, stated: "This underground work shows that, as well as the potential for additional mineralization that exists at depth, new mineralized zones are located as work extends laterally into the mountain."
Results from the Mineral Resource estimate being prepared by MineTech.International are expected to be issued soon.
About Tagish Lake Gold Corp.
Tagish Lake Gold Corp. explores for and develops high grade gold-silver mineral deposits in the Yukon Territory of Canada. The Company is currently focused on its wholly owned, 178 km2 Skukum Mineral District located 80 km by road south of Whitehorse. The Skukum Mineral District hosts the Skukum Creek gold-silver deposit and the Goddell Gully gold deposit, with a currently defined measured plus indicated resource of 1,120,000 tonnes grading 8.0 g/t Au and 153.1 g/t Ag (MineTech June 2003, available on Sedar); and the Mt. Skukum gold deposit.
FOR FURTHER INFORMATION, visit the Company's website at www.tagishgold.com, or contact:
Tagish Lake Gold Corp.
Robert Rodger, President
Patrice Nazareno, Investor Relations
pnazareno@tagishgold.com
Tel: 604-273-6477
Fax: 604-248-2996
www.tagishgold.com
Renmark Financial Communications Inc.
Barbara Komorowski : bkomorowski@renmarkfinancial.com
John Boidman : jboidman@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com
Should you wish to receive Company news via email, please email investor@tagishgold.com and specify "TLG News" in the subject line.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
THIS NEWS RELEASE INCLUDES CERTAIN FORWARD LOOKING STATEMENTS IN RESPECT TO VARIOUS ISSUES INCLUDING UPCOMING EVENTS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON CURRENT EXPECTATIONS WHICH INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL OUTCOMES AND RESULTS TO DIFFER MATERIALLY.  MINERAL EXPLORATION IS SUBJECT TO A HIGH DEGREE OF RISK, WHICH EVEN A COMBINATION OF EXPERIENCE, KNOWLEDGE, AND CAREFUL EVALUATION MAY FAIL TO OVERCOME. EXPLORATION ACTIVITIES ARE ALSO EXPENSIVE. THE COMPANY WILL THEREFORE REQUIRE ADDITIONAL FINANCING TO CARRY ON ITS BUSINESS, AND SUCH FINANCING MAY NOT BE AVAILABLE WHEN IT IS NEEDED.  THE COMPANY DISCLAIMS ANY OBLIGATION TO REVISE ANY FORWARD LOOKING STATEMENTS AS A RESULT OF INFORMATION RECEIVED AFTER THE FACT OR REGARDING FUTURE EVENTS.
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Tagish Lake Gold Corp
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EXPLORATEUR |
CODE : TLG.V |
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CUSIP : 873780 |
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Tagish est une société développant des projet miniers d'or basée au Canada. Tagish détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont MT. SKUKUM, SKUKUM CREEK et GODDELL au Canada. Tagish est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 122,5 millions CA$ (94,7 millions US$, 81,9 millions €). La valeur de son action a atteint son plus bas niveau récent le 27 novembre 2009 à 0,01 CA$, et son plus haut niveau récent le 26 janvier 2018 à 2,25 CA$. Tagish possède 144 081 000 actions en circulation. |