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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by arthur7440on Sep 09, 2010 6:24am
371 Views
Post# 17428016

TAGISH LAKE GOLD CORP. ANNOUNCES THE RESULTS OF A

TAGISH LAKE GOLD CORP. ANNOUNCES THE RESULTS OF ATAGISH LAKE GOLD CORP. ANNOUNCES THE RESULTS OF A GEOPHYSICAL SURVEY

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VANCOUVER, Sept. 8 /CNW/ - Tagish Lake Gold Corp. (TSX-V: TLG) ("Tagish" or the "Company") announces the results of the 2009 geophysical survey that have recently been made available.


A total of 25.6 lines of gradient array, induced polarization (IP) survey were completed in the Wheaton River Valley, between the Goddell Gully vein system to the east and the showings on Chieftain Hill, to the west. Lines were oriented north-south with line spacing of 100m and stations every 20m, covering the 2,300m wide, overburden covered area between known mineralization. A total of five, low contrast, combination chargeability and resistivity anomalies, were identified and interpreted as potential silicified or mineralized zones for exploration follow-up.


Please see the explanatory map which may be found on the company's website: https://www.tagishgold.com/splash.asp





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 km(2) Skukum Mineral District located 80 km by road south of Whitehorse. The Skukum Mineral District hosts the Skukum Creek gold-silver deposit, the Goddell Gully and the Mt. Skukum gold deposits.





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.





This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


Certain statements contained in this news release using the terms "may", "expects to", "projects", "estimates", "plans", and other terms denoting future possibilities, are forward-looking statements in respect to various issues including upcoming events based upon current expectations which involve risks and uncertainties that could cause actual outcomes and results to differ materially. The future conduct of the Company's business and the feasibility of its mineral exploration properties are dependent upon a number of factors and there can be no assurance that the Company will be able to conduct its operations as contemplate and the accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond our ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. The risks include, but are not limited to, the risks described in the above press release; those risks set out in the company's disclosure documents and its annual, quarterly and current reports; the fact that exploration activities seldom result in the discovery of a commercially viable mineral resource and are also significant amounts of capital to undertake and the other risks associated with start-up mineral exploration operations with insufficient liquidity, and no historical profitability. The Company disclaims any obligation to revise any forward looking statements as a result of information received after the fact or regarding future events.






For further information: Tagish Gold Lake Corp., Graham Dickson, President & CEO, 408 - 688 West Hastings Street, Vancouver, BC, V6B 1P1, T: 604-688-9427

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