Business
Tagish Extends the Mineralized Zone
Tagish Extends the Mineralized Zone.
About this update from Troilus Mining Corp
[{"type":"text","content":"\n\n\n\nRICHMOND, BC, May 14 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX-V - TLG)\nis pleased to report that extension of the Ridge Access Drift has demonstrated\nthat the mineralized zone continues to the west past the previous workings.\nThis zone is separated from the Rainbow Two Zone by a narrow rhyolite dyke. So\nfar, the zone has been exposed over a length of 25 metres. The mineralization\nand other characteristics of this zone are similar to the Rainbow Two zone.\nResults from sampling of the drift are pending.\n\n\nMr. Robert Rodger, President of the Company, stated: "This underground\nwork shows that, as well as the potential for additional mineralization that\nexists at depth, new mineralized zones are located as work extends laterally\ninto the mountain."\n\n\nResults from the Mineral Resource estimate being prepared by\nMineTech.International are expected to be issued soon.\n\n\nAbout Tagish Lake Gold Corp.\n\n\nTagish Lake Gold Corp. explores for and develops high grade gold-silver\nmineral deposits in the Yukon Territory of Canada. The Company is currently\nfocused on its wholly owned, 178 km(2) Skukum Mineral District located 80 km\nby road south of Whitehorse. The Skukum Mineral District hosts the Skukum\nCreek gold-silver deposit and the Goddell Gully gold deposit, with a currently\ndefined measured plus indicated resource of 1,120,000 tonnes grading\n8.0 g/t Au and 153.1 g/t Ag (MineTech June 2003, available on Sedar); and the\nMt. Skukum gold deposit.\n\n\nTHE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY\n\n\nOR ACCURACY OF THIS NEWS RELEASE.\n\n\nThis news release includes certain forward looking statements in respect\nto various issues including upcoming events. These forward looking statements\nare based upon current expectations which involve risks and uncertainties that\ncould cause actual outcomes and results to differ materially. Mineral\nexploration is subject to a high degree of risk, which even a combination of\nexperience, knowledge, and careful evaluation may fail to overcome.\nExploration activities are also expensive. The Company will therefore require\nadditional financing to carry on its business, and such financing may not be\navailable when it is needed. The Company disclaims any obligation to revise\nany forward looking statements as a result of information r...