(TSX.V: TLG)
RICHMOND, BC., Nov. 27 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX.V -
TLG) is pleased to report on assay results received for holes SC06-91 to
SC06-93 and SC06-98 to SC06-100. These holes are part of the 6,500 metre
program to outline the Rainbow Two Zone, and to test the Kuhn mineralized zone
and the newly discovered Berg zone. Results are pending for holes SC06-94 to
SC06-97
<<
-------------------------------------------------------------------------
HOLE NORTHING EASTING DEPTH AZIMUTH DIP
-------------------------------------------------------------------------
(No.) (m) (m) (m) (degrees) (degrees)
-------------------------------------------------------------------------
SC06-91 6671036 477312 74.7 150 degrees 0 degrees
SC06-92 6671036 477312 82.9 150 degrees -25 degrees
SC06-93 6671036 477312 102.7 150 degrees -50 degrees
SC06-98 6671082 477380 119.2 150 degrees -50 degrees
SC06-99 6671082 477380 59.4 150 degrees +30 degrees
SC06-100 6671082 477380 80.2 150 degrees +50 degrees
-------------------------------------------------------------------------
The holes SC06-91 to SC06-93 were drilled on the section located some
twenty (20) metres west of the section with holes SC06-48 to SC06-51 (See News
Release of July 31, 2006), and SC06-98 to SC06-100 were drilled forty metres
east of the section with holes SC06-48 to SC06-51. The holes were drilled with
an approximate 20 metre vertical spacing between the intercepts in the holes.
The significant intercepts are:
-------------------------------------------------------------------------
HOLE FROM TO LENGTH TRUE Au Ag COMMENTS
WIDTH
-------------------------------------------------------------------------
(m) (m) (m) (m) (g/t) (g/t)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
SC06-91 23.74 25.24 1.50 1.50 6.82 59.2 Rainbow Two
SC06-92 nsv
SC06-93 38.08 39.52 1.44 0.90 2.30 26.0 Rainbow Two
And 68.71 70.80 2.09 1.30 0.89 25.1 Berg
SC06-98 60.94 67.70 6.76 4.39 2.38 47.5 Rainbow Two
Incl. 62.34 62.70 0.36 0.23 28.90 194.0
SC06-99 45.45 52.95 7.50 6.50 2.28 21.1 Rainbow Two
Incl. 48.57 49.05 0.48 0.42 12.90 82.9
SC06-100 59.80 60.96 1.16 0.75 2.74 27.4 Rainbow Two
-------------------------------------------------------------------------
>>
Mr. Rodger, President of Tagish Lake Gold Corp., stated: "The Rainbow Two
zone has been persistent over a 200m length and continues to carry high-grade
values."
The 2006 drilling program is under the supervision of Christopher Naas,
P.Geo, of CME Managing Consultants Inc., a qualified person under NI 43-101.
The core is sawed in half, with one half stored for future reference. Sampling
and assaying procedures are subject to a rigorous QA/QC program, which
includes insertion of standards and blanks for each batch of samples. All
samples were shipped in sealed packages to Eco-Tech Laboratories in Kamloops,
BC for preparation and analyses. Samples which returned values greater than
900 ppb Gold (Au) by ICP were fire assayed for gold.
About Tagish Lake Gold Corp.:
Tagish Lake Gold Corp. explores for and develops high grade gold-silver
mineral deposits in the Yukon Territory of Canada. The Company is currently
focused on its wholly owned, 178 km(2) Skukum Mineral District located 80 km
by road south of Whitehorse. The Skukum Mineral District hosts the Skukum
Creek gold-silver deposit and the Goddell Gully gold deposit, with a currently
defined measured plus indicated resource of 1,120,000 tonnes grading 8.0 g/t
Au and 153.1 g/t Ag (MineTech June 2003, available on Sedar); and the Mt.
Skukum gold deposit.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS NEWS RELEASE.
This news release includes certain forward looking statements in respect
to various issues including upcoming events. These forward looking statements
are based upon current expectations which involve risks and uncertainties that
could cause actual outcomes and results to differ materially. Mineral
exploration is subject to a high degree of risk, which even a combination of
experience, knowledge, and careful evaluation may fail to overcome.
Exploration activities are also expensive. The Company will therefore require
additional financing to carry on its business, and such financing may not be
available when it is needed. The Company disclaims any obligation to revise
any forward looking statements as a result of information received after the
fact or regarding future events.
