SOME NEWSBird was right
Taku Gold acquires 314 more claims at White Gold
2011-04-19 12:05 ET - News Release
Shares issued 68,425,139
TAK Close 2011-04-18 C$ 0.345
Mr. Zachery Dingsdale reports
TAKU STAKES ADDITIONAL CLAIMS IN WHITE GOLD DISTRICT OF YUKON
Taku Gold Corp. has staked an additional 314 claims in the White Gold district of Yukon. All of the new claims were staked adjacent to existing Taku properties in order to cover areas that are deemed prospective for gold mineralization based on airborne geophysical and deep-auger-type soil geochemical surveys completed by Taku in 2010.
Seventy claims were added to the northwest corner of the Rosebute property held under option from Shawn Ryan. In 2010, an anomalous area approximately 550 hectares in size was identified with three distinct, west-trending linear anomalies (Taku Press Release - December 22, 2010). These three west-trending geochemical features all appear to crosscut the regional geological fabric that, as indicated by the airborne magnetic data collected in 2010, is generally northwesterly. The new claims were staked to cover the potential westward extension of these three anomalies. The Rosebute property now includes 544 claims covering approximately 11,260 hectares.
One-hundred ninety-one claims were added to the west side of the Wounded Moose property to bring it to 451 claims covering approximately 9,338 hectares. The new claims were staked to cover the westward extension of several west-trending geophysical features outlined by the airborne magnetic and radiometric survey flown over the property in 2010 (Taku Press Release +/- December 23, 2010).
Fifty-five claims were added to the southeast corner of the Montana property to bring it to 293 claims covering approximately 6,065 hectares. The new claims were staked to cover the extension of a southeast trending magnetic structure that lies parallel to Steele Creek outlined by the airborne magnetic and radiometric survey flown over the property in 2010 (Taku Press Release - December 23, 2010). Cursory prospecting in 2010 indicates that the magnetic signature may be due to a thrust fault marked by abundant quartz veins and breccias along Steele Creek. Placer gold produced on Steele Creek may be related to the thrust fault.
"This staking brings Taku's land position in the Dawson area up to 3023 claims covering approximately 62,600 hectares. All of these claims will be within 35 kilometres and easily accessible from a central, road-accessible camp in 2011," commented Zak Dingsdale, President and CEO. 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 responsible for the preparation of this release.
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