Tagish Extends High Grade Values in the Rainbow Two and Berg Drifts



    (TSX.V: TLG)

    RICHMOND, BC, Aug. 30 /CNW Telbec/ - Tagish Lake Gold Corp. (TSX.V - TLG)
is pleased to announce results of sampling of the drift excavation from the
Rainbow Two and Berg zones. These chip samples were taken across the entire
face of the drift. 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 + 165.3 m   1.00   2.10    1.10    23.30    65.0
                  2.10   2.50    0.40     0.61     6.0
                  2.50   3.70    1.20    36.40   229.0
                  3.70   4.00    0.30    34.80   127.0    3.00  26.70  129.0

    0 + 178.6 m   3.02   3.60    0.58     6.72   145.0
                  3.60   4.33    0.73     0.71    11.8
                  4.33   4.73    0.40    46.10   199.0    1.71  13.40  100.8

    0 + 180.9 m   0.00   0.27    0.27    32.70   536.0    1.50   5.90   96.0

    Berg
    Start (0)

    0 + 14.6 m    0.00   1.10    1.10    20.50   286.0
                  1.10   1.35    0.25     0.81     5.0    1.50  15.20  211.0

    0 + 21.6 m    1.30   1.74    0.44    31.10   491.0
                  1.74   2.59    0.85     5.26   254.0    1.50  12.10  288.0

    0 + 22.8 m    0.33   0.73    0.40    20.60   256.0
                  0.73   1.88    1.15     3.65   153.0    1.55   8.00  181.0

    0 + 34.8 m    1.82   2.94    0.91     6.04   193.0    1.50   3.70  117.0

    -------------------------------------------------------------------------
    

    Robert Rodger, P.Eng., President of the Company, stated: "These results
from the Rainbow Two zone and the Berg zone discovered last year confirm the
results from last year's diamond drilling program. The two zones are high
grade and show horizontal continuity".
    The underground work 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 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, (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.

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TAGISH LAKE GOLD CORP.

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