RICHMOND, BC, March 30 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX-V:TLG)
("Tagish") announces that its Annual General Meeting of shareholders was held
in Vancouver, British Columbia on March 29, 2007 at which:
- Messrs. Robert Bryce, Charles de Chezelles, Gregory Hawkins and Robert
Rodger, incumbent directors of the Company, together with Mr. Robert
Chafee of Toronto, Ontario, were elected as directors of the Tagish for
the coming year; and
- Smythe Ratcliffe, the incumbent auditors of the Company, were
re-appointed auditors of the Company for the coming year.
Mr. Robert Rodger, President of the Company, stated "The Company is
particularly pleased to have Mr. Robert Chafee on the Board of Directors. In
addition to being a large shareholder, Mr. Chafee's many years of experience
in building companies will serve Tagish well as the Company moves to
production with the Skukum Creek project. And, we are gratified by the
Shareholders' interest in the Company, as shown by the number of Shareholders
present at the meeting, the best attendance ever at an Annual Meeting."
In response to questions from shareholders, the progress that the Company
continues to make in moving to production was described during the meeting.
The underground work currently underway at Skukum Creek has demonstrated
exceptional mineralization in the Rainbow Two zone (Please see News Release of
March 27, 2007). Engineering studies and the Environmental Assessment Report
are all moving forward to completion. The Skukum Property is well situated
with respect to infrastructure, such as hydro-electric energy in the Yukon, a
major cost advantage for the Company.
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, 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, 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 seldom result in the discovery of a commercially viable
mineral resource. 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.
For further information:
For further information: visit the Company's website at
www.tagishgold.com, or contact: Tagish Lake Gold Corp.: Patrice Nazareno, Mgr
- Investor Relations, email@example.com; Robert (Bob) Rodger,
President, (604) 273-6477, Fax: (604) 273-6488, www.tagishgold.com; Renmark
Financial Communications Inc.: Barbara Komorowski,
firstname.lastname@example.org; John Boidman: email@example.com,
(514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com; Should you wish
to receive Company news via email, please email firstname.lastname@example.org and
specify "TLG News" in the subject line.