Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) is pleased to announce that the McCuaig Joint Venture (40% Golden Tag, 60% Rubicon Minerals Corp.) has approved a $200,000 program consisting of a maximum 1,200 meter drill hole on the property. The McCuaig JV property is strategically located on the Red Lake Mine Trend which is host >25 million ounces past gold production and current reserves. The proposed drill hole is designed to test the down dip extension of the #1 vein at the adjacent Mackenzie Mine, where the vein may enter the Balmer Volcanic stratigraphy, coincident with the limb of a regional antiform. Drilling is scheduled for late January, 2007.
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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