Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) is issuing an amendment to its news release of February 26, 2013 correcting minor transcription errors occurring in Table 1 and Table 2. All total amounts of tonnes and silver ounces (oz Ag) reported are unaffected.
In Table 1, the error understated the silver grade and overstated the gold grade for the Indicated portion of the Vein Zones The rectified silver grade more adequately reflects the high grade nature of the narrow silver veins system on the San Diego Property. The corrected Table 1 is presented below.
Footnotes: (1) Block Caving/Mechanized Bulk Mining Cut-Off Grade of 52 g/t Ag.EQ or NSR $30/t. See Table 3 for more details (2) Ag.EQ: Silver Equivalent ounces based on 3-yr trailing average commodity prices of US$1455/oz.Au; US$28.10/oz.Ag; US$1.00/lb Pb and US$0.96/lb Zn applying estimated Mill and Smelter recoveries (3) Bulk Zones includes the Fernandez Zone (Fringe & Endoskarn) (4) Totals may not add up correctly due to rounding
This press release has been reviewed and approved by Mr. David Rigg, C.E.O. Golden Tag, P.Geo.
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.
