COMMENCEMENT OF EXPLORATORY PROGRAM ON AQUILON PROPERTY

Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) announces that all resolutions were passed by shareholders at the Company’s Annual and Special Meeting of Shareholders held on June 17, 2004. Included in the resolutions passed were amendments to the Company’s Share Option Plan, which was subsequently approved by the TSX Venture Exchange.

 

The Company also announces that an exploratory program has commenced on the Aquilon Property in James Bay, Quebec. The purpose of this first program is to review the prime exploration areas on the property and to conduct detail prospecting and selective sampling. For more information on the Aquilon Project please refer to the Company’s news release of November 20, 2003, which is available on the Company’s website at www.goldentag.ca.

 

Golden Tag Resources Ltd. is a Montreal based Canadian Mineral Exploration Company trading on the TSX Venture Exchange on a continuous basis since 1982. There are presently 12.7 million shares issued and outstanding.

 

 

 

For additional information, please contact:

 

Golden Tag Resources Ltd.

Marc A. Carrier, President & CFO

Ph: (514) 426-8542

Fax: (514) 426-8543

Email: pres@goldentag.ca

Web: www.goldentag.ca

 

Cautionary Statement: Statements in the release that are "forward looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. For a discussion of the risk factors that are inherent in the Mining Industry see our public filings at www.sedar.com.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

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