Source: Brian Sylvester of The Gold Report (6/6/11)

..."TGR: Are there other Canadian plays you'd like to share with our readers?

MS: Two other exploration plays that I would mention are Kaminak Gold Corp. (TSX.V:KAM) and Taku Gold Corp. (TSX.V:TAK; OTCBB:TAKUF), both of which have significant land packages in the White Gold District of the Yukon Territory.

TGR: Kaminak has the Coffee Gold Project, close to Kinross Gold Corp.'s (TSX:K; NYSE:KGC) White Gold project, which was previously owned by Underworld Resources before Kinross bought out that company. One hole there hit 17 g/t gold over 15.5m. Do you expect similar results from the current drill program?

MS: Yes, that was an early discovery hole in the Supremo Zone. Chances are they'll hit similar grades this summer with follow-up drilling. We also expect Kaminak to hit different types of systems; for example, lower grades but broader intersections, such as in its Latte Zone. The company will do follow-on drilling in all of the previously discovered zones, including Supremo, Latte, Double Double and Americano, as well as more grassroots exploration in targets that have yet to be drilled.

TGR: Taku just added about 13,000 hectares in claims to its holdings in the White Gold District. When will it start drilling those?

MS: It probably won't drill on those claims this year. Instead, the plan is to drill the Rosebute and Portland properties. There is good soil geochemistry and geophysical anomalies on those properties. The plan is to drill about 7,500m on various drill targets, split between the two properties. In the meantime, the company's work program, basically, is follow-up soil geochemistry grids, ground proofing, ground mapping and some geophysics.

TGR: And that's a relatively cheap stock, trading just below $0.38..."

http://www.theaureport.com/pub/na/9780