YUKON – TAGISH LAKE GOLD of Richmond, B.C., has received the necessary permit amendments that will allow it to begin construction of a new lower adit at the 1,100-m elevation at its Skukum Mineral District property 80 km south of Whitehorse.
The property hosts the Skukum Creek gold-silver deposit and the Goddell Gully gold deposit, with a currently defined measured plus indicated resource of 1.12 million t grading 8.0 g/t Au and 153.1 g/t Ag, and the Mt. Skukum gold deposit. There is also a 300-t/d mill on the property. Tagish Lake hopes to have the Skukum Creek and Goddell Gully deposits in production in 2009 and 2011, respectively.
Tagish Lake has posted an informative Power Point presentation in its Investor Relations section at www.TagishGold.com.