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Taku Gold Reports Geochemical Survey Results from Portland Property, Yukon

Taku Gold Corp. (TSX VENTURE:TAK) has announced results from a 996-sample, deep auger-type, soil geochemical survey completed over the 75-claim (1553ha) Portland property in late October 2010.

The property is located at the headwaters Portland and Gold Run creeks approximately 45km southeast of Dawson City in the Klondike area of Yukon. Both creeks have produced placer gold historically and placer mining is still underway on Gold Run. The goal of the sampling was to identify anomalous gold-in-soil trends that may be related to gold-bearing structures similar to the Gold Run showing where Taku has obtained spectacular gold values in trenches up to 455.76gpt Au (Taku Press Release December 7, 2010).

Detailed soil sampling over the Gold Run showing shows a weak to moderate but distinct, northwest-trending, linear gold-in-soil anomaly at least 250m long and possibly up to 850m long. The maximum soil value over the showing is 30.7ppb Au. Three similar gold-in-soil anomalies have been identified elsewhere on the property. The first is located approximately 1500m east of the Gold Run showing. It is a weak to moderate, linear anomaly that shows a similar northwest trend over a length of 900m with a maximum value of 10.6ppb Au. The second is located approximately 800m west of the Gold Run showing. It is a weak to moderate, linear anomaly that shows a similar northwest trend over a length of 2400m with a maximum value of 45.5ppb Au. The second is located approximately 1400m west of the Gold Run showing. It is a weak to moderate, linear anomaly that shows a similar northwest trend over a length of 800m with a maximum value of 14.2ppb Au.

"The gold-in-soil values are not that strong individually but together they clearly define three new prospective gold trends. More soil sampling and prospecting needs to be done next season in order to see what may be causing these trends," comments Zak Dingsdale, President.

All analytical work was completed at Acme Analytical Laboratories Ltd. ("Acme") in Vancouver, British Columbia. Acme is accredited under ISO 9001. Soil samples were prepared by drying and sieving 100g to -80 mesh, and then analyzed for 36 elements (including gold) by 15 gram Aqua Regia digestion, ICP-MS finish. 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 technical content of this release.

Source: Taku Gold Corp.

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