Posted in | Gold | Mining Business

Independence Gold to Commence RAB Drilling on Hudbay Zone of Taku's Rosebute Property

Taku Gold Corp. is pleased to report that Independence Gold Corp. has announced it will commence up to 1,500 m of RAB drilling on the Hudbay Zone on Taku's Rosebute Property.

The Rosebute Hudbay Zone hosts three, north trending gold -in-soil anomalies, each greater than 1.0 km in length and 150 m in width. In 2012, Taku intersected 6.2 g/t gold over 5.0 m (Trench 2), 1.2 g/t gold over 10.0 m (trench 5) and 1.5 g/t gold over 20.0 m (Trench 4) (Taku news release September 12, 2012) all located within the Hudbay Zone.

The Rosebute Property comprises 694 contiguous claims (14,387 hectares) and contains two significant new gold discoveries known as the Norwest and Hudbay zones. The Property is located approximately 58 kilometres ("km") south of Dawson City, Yukon and approximately 29 km north of the Golden Saddle Deposit owned by Kinross Gold Corporation. The Property is contiguous to the west of Independence's Henderson Property, and is situated in close proximity to the northern access road proposed by Kaminak Gold Corporation that will provide access to the multi- million-ounce Coffee gold deposit recently purchased by Goldcorp for $520 Million.

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 that reviewed and approved the technical content of this release.


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