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TAK Taku Gold Corp.

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Share Name Share Symbol Market Type
Taku Gold Corp. TSXV:TAK TSX Venture Common Stock
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Taku Expands Rosebute Property to 695 Claims in White Gold Area of Yukon

11/10/2012 2:00pm

Marketwired Canada


Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce that it
has expanded the Rosebute property by staking an additional 151 claims to bring
the total number of claims to 695 (14,387 hectares). The Rosebute project is
located approximately 55 kilometres due south of Dawson City, Yukon. The
property was acquired in March 2010 from well-known Yukon prospector Shawn Ryan.


The new staking was done to cover possible extensions of the Hudbay zone which
was discovered by Taku as a result of detailed soil sampling done earlier in
2012. The zone consists of a very strong gold-in-soil anomaly trending northwest
over a length of at least 1,000 metres (m) that varies from 150m to 350m wide
and shows a maximum soil value of 0.9 grams per tonne gold (g/t Au) (Taku New
Release - August 28, 2012). Subsequent trenching at the south end of the Hudbay
zone uncovered up to 6.17g/t Au over 5.0m (Taku News Release - September 12,
2012). A preliminary induced polarization and resistivity survey has recently
been completed over the trenched area. Taku is waiting for the results of this
survey.


"Expanding the property is directly related to the strong results that Taku has
so far obtained on Rosebute this season and is in line with the strong results
that Comstock, one of our closest neighbors, has posted," comments Zak
Dingsdale, President and CEO of the Company.


All analytical results referred to in this release were determined by Acme
Analytical Laboratories Ltd. in Vancouver. Please refer to the Taku press
releases cited above for details concerning the analytical methods used by Acme.
Mark Fekete, PGeo, a director of Taku, is the designated qualified person as
defined in Section 1.1 in and for the purposes of National Instrument 43-101
that reviewed and approved the technical content of this release.


On Behalf of the Board,

Zachery Dingsdale, CEO and President, Taku Gold Corp.

Follow Taku Gold On:

Facebook: http://www.facebook.com/takugold

Twitter: http://twitter.com/takugoldcorp

YouTube: http://www.youtube.com/user/TakuGold

Flickr: http://www.flickr.com/photos/takugold/

Statements in this release that are forward-looking are subject to various risks
and uncertainties as identified above and in the Company's periodic filings with
the British Columbia Securities Commission and the U.S. Securities Exchange
Commission. Such information contained herein represents management's best
judgment as of the date hereof based on information currently available. The
Company does not intend to update this information and disclaims any legal
liability to the contrary.


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