Tagish - Sampling Results Confirm Continuation of the Rainbow Two
Zone and Demonstrate Values in the new Rainbow Three Zone
Richmond, BC. - June 6, 2007 - Tagish Lake Gold Corp. (TSX.V - TLG) is pleased to announce results of samples from the drift excavation currently being undertaken on the Rainbow Two and other zones. A plan view of the drifts excavated during in this work program is shown in the PowerPoint presentation on the Company's website.
LOCATION |
FROM |
TO |
WIDTH |
GOLD
(Au) |
SILVER
(Ag) |
ADJ. WIDTH |
Au |
Ag |
|
(m) |
(m) |
(m) |
(g/t) |
(g/t) |
(m) |
(g/t) |
(g/t) |
Rainbow Two |
|
|
|
|
|
|
|
|
Start = 0 |
|
|
|
|
|
|
|
|
0 + 16.8 m |
1.70 |
2.33 |
0.63 |
14.80 |
126.0 |
1.50 |
6.13 |
52.9 |
|
|
|
|
|
|
|
|
|
0 + 23.6 m |
1.60 |
2.30 |
0.70 |
60.40 |
331.0 |
|
|
|
|
2.30 |
3.98 |
1.68 |
0.00 |
0.0 |
|
|
|
|
3.98 |
4.44 |
0.46 |
3.64 |
124.0 |
2.84 |
15.48 |
101.4 |
|
|
|
|
|
|
|
|
|
0 + 35.7 m |
1.16 |
2.19 |
1.03 |
2.33 |
168.0 |
|
|
|
|
2.19 |
3.06 |
0.87 |
0.00 |
0.0 |
|
|
|
|
3.06 |
3.42 |
0.36 |
1.36 |
276.0 |
2.26 |
1.27 |
120.6 |
|
|
|
|
|
|
|
|
|
0 + 45.1 m |
2.00 |
3.20 |
1.20 |
1.48 |
130.0 |
1.50 |
1.18 |
104.0 |
|
|
|
|
|
|
|
|
|
0 + 48.1 m |
2.80 |
3.20 |
0.40 |
35.70 |
102.0 |
1.50 |
9.52 |
27.2 |
|
|
|
|
|
|
|
|
|
0 + 202.0 m |
1.35 |
1.75 |
0.40 |
1.54 |
121.0 |
|
|
|
|
1.75 |
2.05 |
0.30 |
0.00 |
0.0 |
|
|
|
|
2.05 |
3.00 |
0.95 |
44.10 |
400.0 |
1.65 |
25.84 |
260.4 |
Rainbow Three |
|
|
|
|
|
|
|
|
Start = 0 |
0.00 |
0.30 |
0.30 |
3.87 |
0.0 |
|
|
|
|
0.30 |
1.50 |
1.20 |
4.55 |
168.0 |
|
|
|
|
1.50 |
1.80 |
0.30 |
1.96 |
0.0 |
1.65 |
4.01 |
93.3 |
|
|
|
|
|
|
|
|
|
0 + 3.6 m |
1.40 |
2.00 |
0.60 |
6.64 |
152.0 |
|
|
|
|
2.00 |
2.30 |
0.30 |
3.48 |
44.1 |
|
|
|
|
2.30 |
4.00 |
1.70 |
5.57 |
70.3 |
2.60 |
5.67 |
86.1 |
|
|
|
|
|
|
|
|
|
0 + 6.6 m |
0.0 |
1.20 |
1.20 |
0.00 |
62.5 |
|
|
|
|
1.20 |
2.20 |
1.00 |
10.00 |
144.0 |
1.50 |
5.15 |
100.5 |
|
|
|
|
|
|
|
|
|
These chip samples were taken across the entire face of the drift, while drift excavation was underway. The adjusted width shows the average of the results over the width of the zone, adjusted to a minimum width of 1.50 metres.
Robert Rodger, P.Eng., the President of the Company, stated: "These results confirm the continuation of the Rainbow Two zone over a substantial length. We are pleased with the results in the Rainbow Three zone, a new zone (Previously reported in News Release of May 14, 2007). Both the drift excavation and the sampling continue."
The underground work program is under the supervision of Robert Rodger, P.Eng., the President of the Company, a qualified person under NI 43-101. Sampling and assaying procedures are subject to a rigorous QA/QC program, which includes insertion of standards and blanks for each batch of samples. All samples were delivered in sealed packages to Eco-Tech Laboratories in Whitehorse, YT for preparation and shipped by Eco-Tech to Kamloops, BC for analyses. Samples that return values greater than 900 ppb Gold (Au) by ICP were fire assayed for gold.
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, 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 (Bob) Rodger, President
Patrice Nazareno, Investor Relations
pnazareno@tagishgold.com
Tel: 604-273-6477
Fax: 604-273-6488
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.