Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) is pleased to announce results from a second phase exploration program of diamond drilling on the Red Toad Zone, Aquilon Property in James Bay, Quebec. The Company is earning a 60% interest in the property (see Golden Tag’s news release of November 20, 2003). Work was in response to initial positive results from a preliminary surface trenching and drilling program conducted last fall where grab samples returned assays of up to 1691 grams of gold per tonne (g/t Au) and 153 g/t Au and hole AQU-04- 03 intersected 4.33 meters of mineralization at an average grade of 10.03 g/t Au (see Golden Tag’s news release of November 9, 2004). Drill results to date indicate the Red Toad Zone is continuous over a minimum strike length of approximately 130 meters and has been confirmed from the surface to depths over 75 meters. The Zone remains open to depth and along strike.
For additional information, please contact:
Golden Tag Resources Ltd.
Marc A. Carrier, President & CFO
Ph: (514) 426-8542
Fax: (514) 426-8543
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.
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