Tagish - Feasibility Report



    (TSX.V: TLG)

    RICHMOND, BC, June 29 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX.V - TLG)
is pleased to announce that the Company has awarded the contract for the
Definitive Feasibility Report to GENIVAR. The report will integrate the
mineral resource estimate, mineral process testing, tailings disposal design
and other studies into a comprehensive report on the project and its
viability, based on mining of the high grade gold-silver Skukum Creek mineral
deposit. The data from the Rainbow Two and the newly discovered Berg zones
will be incorporated in the report. The Definitive Feasibility report,
expected to be complete by November 2007, will provide the technical and
financial information that is a prerequisite for production permits, and debt
financing for construction.

    About GENIVAR

    GENIVAR is a Canadian leader in engineering, delivering global solutions
based on a global approach to projects. With employees in 40 offices in
Canada, Africa and Caribbean, GENIVAR provides services in more than
30 countries through GENIVAR Income Fund.
    For GENIVAR Income Fund (TSX: GNV.UN), the association with Tagish Lake
Gold Corp., as the owner's engineer for the Skukum Creek Project Definitive
Feasibility Study, represents a great opportunity to provide high quality
integrated services related to mining in the Yukon. Our Vancouver office
(formerly Cochrane Design Group) will lead the project in collaboration with
our mining, mineral process and cost evaluation specialists, based in our Val
d'Or office in Quebec. The technical skills and the financial strength of both
companies will surely contribute to the success of this project.

    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 km2 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 and the Mt. Skukum gold
deposit.


    THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
    OR ACCURACY OF THIS NEWS RELEASE.




For further information:

For further information: visit the Company's website at
www.tagishgold.com, or contact: Tagish Lake Gold Corp.: Robert (Bob) Rodger,
President; Patrice Nazareno, pnazareno@tagishgold.com, (604) 273-6477, Fax:
(604) 273-6488, www.tagishgold.com; Renmark Financial Communications Inc.:
Barbara Komorowski: bkomorowski@renmarkfinancial.com; John Boidman:
jboidman@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com; Should you wish to receive Company news via email,
please email investor@tagishgold.com and specify "TLG News" in the subject
line.

Organization Profile

TAGISH LAKE GOLD CORP.

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