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Taku Gold Releases Core Drill Results from Rosebute Property

Taku Gold has obtained results from a 963 m, four hole core drill campaign carried out at the 544-claim Rosebute property, which is situated about 55 km due southern part of Dawson City in Yukon. The company purchased this property from Shawn Ryan, a popular Prospector in Yukon, in March 2010.

The drill program was conducted to examine several strong gold-in-soil trends received during last year from a region located in the property’s northwestern part, discovered as the Norwest zone. Notable intersections of gold were encountered in three holes out of four.

The company intercepted 0.95 g/t gold over 23.4 m in the initial hole, wherein up to 1.3 g/t gold was encountered during soil geochemical sampling program performed in an anomalous trend. It encountered 1.58 g/t gold over 1.0 m in second hole and 0.88 g/t gold over 3.0 m in fourth hole. Gold-bearing intervals were not intersected in the third hole, which was drilled to examine 900 m gold-in-soil trend with up to 0.2 g/t gold values.

Taku intersected 0.952 g/t gold over 22.6 m in hole RO12-01; 1.576 g/t gold over 1 m in hole RO12-02; and 0.884 g/t gold over 3 m in hole RO12-04. Gold-bearing intervals were not found in RO12-03.

Vancouver-based Acme Analytical Laboratory determined all analytical results.
Drill core sampled were specifically set by crushing 1 kg to 80% passing -10 mesh, followed by pulverization of a 250 g sub-sample to 85% passing -200 mesh. ICP-ES finish and 30 g fire assay was conducted on every sub-sample for gold.

Source: http://www.takugold.com/

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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