GOLDEN TAG COMPLETES INITIAL OPTION ON AQUILON GOLD PROPERTY, COMMENCING EXPLORATION FOR ADDITIONAL 20% INTEREST
Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) Golden Tag Resources Ltd. (“Golden Tag”or the “Company”)) (TSX-V: GOG) is pleased to announce that it has completed its earn-in on a 40% interest in the Aquilon Main Gold Property in James Bay, Quebec. The Company recently issued assay results from its 2008 winter program on the Lingo Gold Occurrence on the Property (see press release, June 26, 2008) which included a gold intersect of 376.4 ounces gold per ton. Golden Tag has advised its joint-venture partners, SOQUEM Inc. and Sirios Resources Inc. (the “JV Partners”) that it will be proceeding with additional work programs to earn an additional 20% interest in the Property. The Company acquired a two stage option on the Aquilon Property in 2003. An initial option allowed Golden Tag to earn a 40% interest in the Property, with a second option to earn an overall 60% interest.
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.
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