GOLDEN TAG AND RUBICON MINERALS ANNOUNCE FOLLOW-UP DRILLING AT McCUAIG PROJECT, RED LAKE, ONTARIO
7500 METRE PROGRAM TO COMMENCE BY EARLY JUNE
Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) and joint venture partner Rubicon Minerals Corp. announce that they will carry out a follow-up, 7,500 metre, land based drill program beginning in late May or early June, at the McCuaig joint venture (Golden Tag 40%-Rubicon 60%). Golden Tag and Rubicon recently announced encouraging results from a drill hole designed to test for the possible down-dip extension of the No. 1 vein structure developed at the adjacent former McKenzie mine (see news release dated April 16, 2007). A gold-bearing zone in what appears to be a very robust structure, was intersected containing up to 15.65 g/t gold over 1.55 metres.
For additional information, please contact:
Golden Tag Resources Ltd.
Marc A. Carrier, President & CFO
Ph: (514) 426-8542
Fax: (514) 426-8543
Email: [email protected]
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.
