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Golden Tag Reports 31.6 Million Ounces Silver Indicated and 83.8 Million Ounces Inferred From Updated Mineral Resource Estimate at the San Diego Project, Durango, Mexico

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Fernandez Zone

The Fernandez Zone has developed along the eastern edge of the central Diorite intrusion and covers a broad area of more than 325 m extending from the Montanez to the Trovador structures. Modeling of this zone outlined a large fringe of lower grade mineralization hosted for the most part in limestone units that surround a core of higher grade Endoskarn (mineralized Diorite) with stockwork-style mineralization. The Fringe Zone encompasses portions of the adjacent Montanez FW, Central and HW veins; the MID-Zone Vein and the AG Zone, recognized as Resource areas in 2009; and parts of the new Lorenzo and South-Skarn and Panda Zones. The Fernandez zone represents a new style of mineralization, potentially amenable to large-sale, bulk mining or more selective approaches.

Table 3 : Fernandez Zone, Tonnage and Grade Sensitivity to Cut-off Grade Value, San Diego Deposit

-------------===============================================================FERNANDEZZONE                                                     Indicated Resources             ---------------------------------------------------------------                   Tonnes      Au      Ag      Pb      Zn      Cu   Ag.EQ(i)                 (metric)     g/t     g/t       %       %       %        g/t--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 52Endoskarn       9,310,000    0.06      55    0.59    1.33    0.14        100             ---------------------------------------------------------------Fringe          5,485,000    0.06      43    0.74    0.89    0.09         83-------------===============================================================TOTAL CoG 52   14,795,000    0.06      51    0.65    1.17    0.12         94--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 80Endoskarn       6,115,000    0.06      64    0.70    1.58    0.16        117             ---------------------------------------------------------------Fringe          2,465,000    0.06      54    0.96    1.15    0.10        106-------------===============================================================TOTAL CoG 80    8,580,000    0.06      61    0.78    1.45    0.14        114--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 90Endoskarn       4,910,000    0.06      68    0.75    1.68    0.16        124             ---------------------------------------------------------------Fringe          1,750,000    0.06      58    1.05    1.24    0.10        114-------------===============================================================TOTAL CoG 90    6,660,000    0.06      65    0.83    1.56    0.15        122--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 100Endoskarn       3,650,000    0.07      74    0.82    1.81    0.17        135             ---------------------------------------------------------------Fringe          1,135,000    0.07      63    1.17    1.35    0.11        124-------------===============================================================TOTAL CoG 100   4,785,000    0.07      71    0.90    1.70    0.16        132---------------------------------------------------------------------------------------------------------------------------------------------------------------------===============================================================FERNANDEZZONE                                                      Inferred Resources             ---------------------------------------------------------------                   Tonnes      Au      Ag      Pb      Zn      Cu   Ag.EQ(i)                 (metric)     g/t     g/t       %       %       %        g/t--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 52Endoskarn       9,550,000    0.04      57    0.60    1.30    0.12        101             ---------------------------------------------------------------Fringe         19,105,000    0.05      41    0.70    0.97    0.08         81-------------===============================================================TOTAL CoG 52   28,655,000    0.05      46    0.67    1.08    0.10         88--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 80Endoskarn       6,695,000    0.04      65    0.66    1.52    0.13        116             ---------------------------------------------------------------Fringe          7,870,000    0.05      52    0.92    1.30    0.11        106-------------===============================================================TOTAL CoG 80   14,565,000    0.05      58    0.80    1.40    0.12        110--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 90Endoskarn       5,595,000    0.03      69    0.70    1.58    0.14        122             ---------------------------------------------------------------Fringe          5,285,000    0.05      56    1.03    1.44    0.11        116-------------===============================================================TOTAL CoG 90   10,880,000    0.04      63    0.86    1.52    0.12        119--------------------------------------------------------------------------------------------------------------------------------------------------------CoG 100Endoskarn       4,475,000    0.03      73    0.74    1.64    0.14        128             ---------------------------------------------------------------Fringe          3,000,000    0.04      62    1.24    1.62    0.12        132-------------===============================================================TOTAL CoG 100   7,475,000    0.04      69    0.94    1.63    0.13        130--------------------------------------------------------------------------------------------------------------------------------------------------------

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