Update on the San Diego Project
GOLDEN TAG RESOURCES LTD.
Suite 16, 3608 St-Charles Blvd. Kirkland, QC H9H3C3
T: 514.426.8542; F: 514.426.8543; E: [email protected]
Update on the San Diego Project
Montreal, Quebec, March 25, 20 20: Golden Tag Resources Ltd. (TSX.V: GOG) (the
"Company" or “Golden Tag”) wishes to provide an update. The Company is pleased to announce
that it is now fully permitted to continue exploration work, including a drill program, on its 100%
owned San Diego silver -zinc project in Durango, Mexico. The permitting process included the
following measures.
The Company has signed a new 5 -year agreement with Ejido San Diego, a Mexican communal
municipal governance committee which has stewardship over surface land usage in the property
area. The new agreement allows for Golden Tag to conduct all types of exploration activities on
its San Diego Property.
Golden Tag has also completed an environmental impact assessment and filed an application for
a permit with the Mexican Environmental Agency (SEMARNAT), to drill up to 21 holes at the San
Diego Project. The permit was approved by SEMARNAT on March 13, 2020, granting the
Company 2.5 years to complete the proposed work.
An initial 2,000-meter drill program comprised of 8 holes has been planned to focus on testing the
near-surface continuity of mineralization encountered during prior drill programs in 2 target areas:
the Trovador-MS and El Jal-Arroyo Zones. Further information on both areas can be found in the
presentation on the Golden Tag website. The Company is uncertain as to the timin g for the
commencement of work.
The Company’s 100% owned San Diego Project, located in the Velardeña District of Durango
Mexico, has been advanced through 6 Phases of drilling which culminated in a resource estimate
completed by SGS Canada in 2013. The NI 43-101 Technical Report published in April 2013 as
well as further information on the property are available on the Company website
www.goldentag.ca.
About Golden Tag Resources
Golden Tag Resources Ltd. is a Montreal based junior exploration company exploring for high -
grade silver deposits. The Company holds a 100% interest in the San Diego property in Durango
State, Mexico. For more information please visit our website at www.goldentag.ca.
For additional information, please contact:
Marc A. Carrier, President & CFO
Ph: (514) 426-8542
Fax: (514) 426-8543
Email : [email protected]
www.goldentag.ca
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. We undertake no duty to update any forward -looking statements to conform the statements to
actual results or changes in our expectations.
Neither 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 release.