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Golden Tag Resources Ltd. is a Montreal based Canadian mineral resource exploration
company, incorporated under the laws of the Province of British Columbia on
September 22, 1980 and continued under the Canada Business Corporations Act
on July 20, 1995. The Company has traded on the TSX Venture Exchange and predecessor
exchanges on a continuous basis since its inception. Traditionally, much of
Golden Tag's exploration activity is involved in the search for and definition
of gold in eastern Canada 's classical greenstone belts. Presently, this activity
is centered on the Aquilon region of James Bay , Quebec and in Red Lake , Ontario.
Recently, the Company entered into a joint-venture agreement with ECU Silver
Mining Inc. whereby Golden Tag can earn a 50% interest in the San Diego Property,
Durango State, Mexico by expending a total of $US1.5 million on exploration in
increments of $US500,000 per year over three years. ECU has extensive exploration
experience in this area of Mexico and recently commenced mining production at
its Velardena mine located approximately 4 kms on the other side of the mountain.
ECU will be the operator of the project at the San Diego Property during the
earn-in period and subsequently on the joint venture. Golden Tag and ECU will
joint venture exploration and development of the property subsequent to the earn-in
period and will bear their proportionate share of expenditures. Management of
Golden Tag feel that this joint venture in Mexico will broaden the Company's
exploration base, adding good upside exploration potential and near-term potential
for mineral production.
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