Takara Resources Announces Filing of 43-101 Technical Report on the Castle Silver Property, Gowganda Ontario
Gowganda, Ontario--(Newsfile Corp. - August 24, 2015) - Takara Resources Inc. (TSXV: TKK) ("Takara" or the "Company") is pleased to announce that it has completed a National Instrument 43 - 101 report (the "Report") on the Castle Silver Property. The Report entitled "Takara Resources Inc. Castle Silver Property, Gowganda, Ontario, Canada NI 43-101 Technical Report" is dated August 21, 2015 with an effective date of July 9th, 2015. The report was prepared by Claude Duplessis, PEO of GoldMinds Geoservices Inc. and completed in conjunction with the Company's acquisition of Gold Bullion Development Corp.'s (TSXV: GBB) wholly owned subsidiary, Castle Silver Mines Inc. as announced by the Company on April 13, 2015. Castle Silver Mines Inc. currently owns a 100% interest in the 3,300-hectare Castle Silver property, a past silver producer located near the northern Ontario community of Gowganda, 85km northwest of the historic Cobalt silver mining camp.
A full copy of the report is available on the Company's profile on SEDAR at www.sedar.com.
Technical information in this news release has been reviewed and approved by Claude Duplessis, PEO., an independent consulting engineer from Quebec City, Quebec, Canada, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
FOR FURTHER INFORMATION PLEASE CONTACT:
Chris Hopkins
President & CEO
Takara Resources Inc.
(416) 786-9793
chopkins@takararesources.com
Statement Regarding Forward Looking Information
Certain information contained in this news release, including any information relating to the proposed transaction and Takara's future financial or operating performance may be deemed "forward-looking". These statements relate to future events or future performance and reflect Takara's expectations regarding the transaction, and the future growth, results of exploration, business prospects and opportunities of Takara. These forward-looking statements are subject to a variety of risks and uncertainties that are identified and disclosed. Although Takara believes that the forward-looking information contained in this news release are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Takara expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
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