Tagish Will Initiate the Next Phase of Diamond Drilling at Skukum Creek
Richmond, BC. - November 1, 2007 - Tagish Lake Gold Corp. (TSX.V - TLG) is pleased to announce that the contractor is being mobilized to commence a 5,000 metre diamond drilling program, to be undertaken from the exploration cross-cuts driven on the 1300 m level this year.
The program will focus on diamond drilling the upward and downward extensions of the Rainbow Two and Berg zones. In addition to increasing the resource in these zones, the objective is to provide information on the extensions of these zones to facilitate mine planning.
The program will also test the Rainbow Three zone where sampling in the drift on the 1300 m level has shown significant gold and silver values in this new zone.
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 has a currently defined measured plus indicated resource of 1,420,000 tonnes grading 6.8 g/t Au and 131 g/t Ag (MineTech International Ltd. 2007 Update), 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
Lindsay Malcolm, Investor Relations
Tel: 604-273-6447
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.
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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. |