Tagish Reports on Additional Gold and Silver Values in the Rainbow Two Zone



    (TSX.V: TLG)

    RICHMOND, BC, Dec. 17 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX.V - TLG)
is pleased to report on additional results of sampling from the drift
excavation on the Rainbow Two zone. These chip samples were taken across the
entire face of the working. The adjusted width shows the average of the
results over the width of the zone, adjusted to a minimum width of 1.50 m.

    
    -------------------------------------------------------------------------
                                                          ADJ.
    LOCATION        FROM     TO   WIDTH      Au      Ag  WIDTH     Au     Ag
    -------------------------------------------------------------------------
                     (m)     (m)    (m)    (g/t)   (g/t)   (m)   (g/t)  (g/t)
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Rainbow Two
    Start = 0
    0 + 83.6 m      0.00   0.60    0.60    3.10   274.0
                    0.60   1.60    1.00    4.10   262.0
                    1.60   2.50    0.90    3.70     0.0   2.50   3.72  170.6

    0 + 86.9 m      0.80   1.40    0.60    2.00   231.0
                    1.40   2.40    1.00    2.80   183.0   1.60   2.51   86.7

    0 + 89.9 m      1.30   2.30    1.00    7.00   151.0   1.50   4.60  100.9

    0 + 93.4 m                              nsv
    0 + 94.5 m                              nsv

    0 + 98.1 m      2.30   3.70    1.40    2.90    57.3   1.50   2.71   53.5

    0 + 100.2 m     2.40   3.90    1.50    2.10    61.3   1.50   2.13   61.3

    0 + 126.2 m                             nsv
    0 + 128.9 m                             nsv

    0 + 132.1 m     0.00   0.40    0.40  108.00   368.0
                    0.40   1.70    1.30    1.70     0.0   1.70  26.68   86.6

    0 + 134.2 m                             nsv
    0 + 137.4 m                             nsv
    0 + 138.4 m                             nsv
    0 + 141.4 m                             nsv
    0 + 142.9 m                             nsv

    0 + 182.6 m     0.50   1.20    0.70   84.00   407.0
                    1.20   2.20    1.00    0.02     0.0   1.70  34.60  167.6

    0 + 207.5 m     1.30   2.00    0.70    0.25    64.2
                    2.00   2.60    0.60   45.00   146.0   1.50  18.12   88.4

    0 + 219.0 m     0.60   1.10    0.50    5.33    74.5
                    1.10   2.00    0.90    2.60     0.0
                    2.00   2.90    0.90   11.30   144.0   2.30   6.60   72.5

    0 + 221.4 m     0.80   1.65    0.85   15.90   126.0
                    1.65   2.95    1.30    8.91   335.0   2.15  11.67   70.1

    0 + 222.6 m     1.00   2.30    1.30    4.81   294.0
                    2.30   3.20    0.90   40.20  1220.0   2.20  19.28  672.8

    0 + 223.8 m     0.00   1.00    1.00    6.42    84.2
                    1.00   2.10    1.10    6.59     0.0
                    2.10   2.80    0.70    3.10     0.0   2.80   5.66   30.1

    0 + 226.0 m                             nsv
    0 + 228.5 m                             nsv

    Rainbow Three
    Start = 0
    0 + 50.3 m      2.20   3.30    1.10    6.86     0.0   1.50   4.57    0.0
    -------------------------------------------------------------------------
    

    Robert Rodger, P.Eng., President of the Company, stated: "The Rainbow Two
zone appears to weaken after 228.5 metres of strike length. On the other hand,
the Rainbow Three zone starts up in this area on the opposite side of a narrow
rhyolite dyke."
    The underground exploration program is under the supervision of Robert
Rodger, P.Eng., the President of the Company, a qualified person under
NI 43-101. 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 delivered in sealed packages to Eco-Tech
Laboratories in Whitehorse, YT for preparation and shipped by Eco-Tech to
their laboratory in Kamloops, BC for analyses. Samples that return 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 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 has a currently
defined measured plus indicated resource of 1,420,000 tonnes grading
6.8 g/t Au and 131 g/t Ag (MineTech International Ltd. 2007 Update), 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 Rodger,
President; Lindsay Malcolm, Investor Relations, lmalcolm@tagishgold.com, (604)
273-6447, 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 lmalcolm@tagishgold.com and specify "TLG News" in the
subject line.

Organization Profile

TAGISH LAKE GOLD CORP.

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