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Rosebute Agreement Terminated and Exploration Plans for 2017

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 1, 2017) – Taku Gold Corp. (CSE:TAK) (“Taku” or the “Company”) announces that Independence Gold Corp. has terminated the earn-in agreement on Taku’s Rosebute Property (“Rosebute” or the “Property”) located in the White Gold District of Yukon less than one year into the agreement. “We are quite happy to have Rosebute returned to us and look forward to exploring the property in 2017,” commented Zak Dingsdale, President. “The limited work completed in 2016 by Independence in no way reduces the exploration potential of Rosebute,” adds Mark Fekete, Vice- President.