Please contact the company directly after this date,

Sincerely,

AGORACOM

The following five year chart illustrates how far these stocks have fallen.

As you see the RSI above is below the 25 level (black circle) for the first time in five years which is proof that this is a deeply over sold sector. Note: the Australian XGD (gold index) is weighted and dominated by the heavy weight gold miners and this tends to hide the true state of the rest of the sector. Thanks to Nick Laird at Sharelynx for this chart series which are available for reference at the Gold Index page in GoldOz and in much greater depth / variety at Nicks site.

Looking back gold was $US 347 back at the beginning of this chart but more importantly the AUD gold price was $533 at that time (at 65c to the USD). This provided little room for profit margin for most companies.

Cost of production at $500 provided a $33 margin which was not exactly robust or safe to invest in. The lending institutions insisted on hedge books and stock prices were poor. Things have changed dramatically and even with a new cost of $600 per ounce there is now a margin of $AUD375 an ounce which is over 11x the $33 margin of 5 years ago in this example. This example of a new indicative profit margin is now wide enough to provide a safe margin for a reasonable variation of price and cost.

There is another significant factor at play on the positive side. These mining operations have been making great strides in terms of understanding their ore bodies and ground positions. They have also made great progress in improving the JORC (Australian reporting standard) status of their resources. Then you have to consider the operational improvements along with key operational stages which are advancing. By this I refer to movement from development ore to stoping (underground mining method) operations with a corresponding increase in volume and grade. It also means a shift from open pit to underground ore in other cases. As production increases for these smaller stocks their own leverage to the gold price escalates as unit costs are lowered and capacity to unlock hidden resources is liberated by the additional cash flow.

I have long stated that the business of mining is quite separate to the trading that occurs in the shares in these stocks. This has not been as obvious for several years as it is right now. Many investors have written to me asking why the price of companies are not reflecting the current price of gold - so the best way to cover this is to put my answer in an article for anybody to read.

Share transactions are essentially a derivative of the business of mining. The ownership shares in these stocks fluctuate on news, sentiment and aggregate perception of future or current earnings. Therefore fundamental analysis is not the only answer – hence the current lack of correlation to the gold price. Technical analysis is not the only answer either and especially for smaller turn over circumstances. For T/A to be more accurate you need large volume in the same manner that predictive statistics used in surveys need population size to get a more accurate picture.

Many of these smaller producers do not have large cash reserves or highly solid balance sheets however they do have cash cover and prudent management with a clear understanding of risk management and how to run on the “smell of an oily rag” – cheaply. They have had to be savvy to survive and grow their businesses. Many have greater potential than most investors can imagine due to two important factors – leverage and organic growth off a low base. Much easier to get a ten bagger out of a perfectly sound stock with a market cap of $40M - $100M that has all these right elements going forward. Links to editorials that link to the web sites of two examples of this type of situation are included at the base of this article however the list is not exhaustive and your own DD is essential.

Sovereign Risk and More on Global Sentiment

You have to be mindful of risk and this is also a lesson learned and repeated over and over by the banking industry over time as they move from over easy credit and greed to restricted credit and fear along with the business cycle. An important aspect of risk is Sovereign Risk which is measured by political stability, business climate and currency / repayment risk. This is not effective as a predictive mechanism however because crisis events manifest quickly even if they do evolve slowly. The Asian and sub prime crisis events are perfect examples of this point.

The mechanism of Sovereign Risk Rating does offer useful comparison on a country to country basis (also across time) and provides an easy to measure quantitative approach to measure safe investing regimes. However such rating systems can also be over simplistic and the weightings of the various factors do not necessarily reflect their individual influence on risk. This is not to invalidate this rating process – merely to recognize its efficacy (or ability to be effective, produce the desired result).

A combination of many of these types of analysis however can be combined to form a more useful and accurate picture of Country risk and potential compatibility for your hard earned investment capital. From an institutional risk rating system in 2007 - a score of 1 being the highest ranking down to 100 being the lowest - Australia scored a rank of 18 which was highly credible.

Australia also has asset backing in terms of our mineral wealth which is comforting, like a strong company balance sheet – and an optimum A1 Coface Credit Rating for 2008 which is the top rating. Another index that essentially measures the integration or interface of a Country into the global market place is called the Globalization Index and Australia ranks highly again at 13th in the world.

On a Competitive Scale Index Australia ranked 12th in the world and in terms of doing business here the World Bank rates us at 9th from the top position. An Economic Freedom Index rated Australia at number 4 ahead of the USA, Canada, Chile, Switzerland, the UK and Singapore. The UNDP Human Development Index which essentially measures quality of life and purchasing power parity rated Australia at number 3 in the world only behind Iceland and Norway. Source: MH Bouchet / Ceram – Global Finance.

Australia is a great place to live in and invest capital by all of these standards and this is why I absolutely question the validity of the international investment sentiment in our gold and broader mining industry at present, particularly the mid cap and emerging gold producers.

As corporate activity, technology and resource demand continue to shrink the meaning of sovereign boundaries between nations we will gradually move towards equilibrium of all sorts of things. The financial world moves the fastest (usually) and I refer to international stock markets following the Dow, banking regulations, broad contagion of sentiment particularly, even fashion and diet (and weight problems) as the Corporate machine moves forward towards One World.

Of course resources are internationally priced, varied only by exchange rates and price rises in commodities have outpaced any and all currency strength as a trend and I for one believe this trend will continue. Equities have been out of favor and financial conditions precipitated by the sub prime debacle have forced stocks out of many weak or unfortunate hands. This is going to be regretted as the savvy have accumulated the soon to be coveted Australian precious metals sector.

What to do and how to do it – and when?

I cannot predict the beginning of this event for you at this time although I do currently see signs of absolute bottom for many of these stocks – the rally is getting closer and it will most likely start with mini waves. For the less able, financial and or risk tolerant you may wish to wait and watch for confirmation of the turn over the coming weeks or months. You will miss the powerful leverage gained from being the first on the scene which can only be enjoyed by the liberated true contrarian.

From experience I notice that this current share price behavior is just now beginning to resemble pre-rally traits. Stronger mornings led by pull backs to early morning levels and mixed cross sections of rises sufficient to notice that all is no longer falling. This went on for several weeks at this time of the year in years gone by – years that eventuated in strong rallies. But the question is what do you have to do to find the right investments?

You have to get data and do the research – there are many sources of this type of data and we cover Australia as a specialty. We have been busy preparing a treat for our public visitors and subscribers, both extant and new over the past few weeks and many will not have noticed due to the lack of interest in this sector – a good sign actually.

You have to have a broad knowledge of the sector. We have created a guide to the Australian mining industry by grouping the key producers that specialize in gold, the developers of new mines and the leading explorers into separate pages at the site. A separate page lists many of the more advanced companies involved in PGM and silver activities. This investment research tool also links to stock prices for international investors or those that want a simple Company guide and access to share price data.

You have to understand the currency implications of your investment. We have also added currency conversion facilities to assist offshore investors to evaluate value in terms of their own currency. You have to understand the ground positions of Companies and profitability of the operations so we created a monster mines guide and links to Australian mining authorities for deeper research.

We added links to Australian brokers and other educational sites including the international gold sites that have done so much to inform about and alert investors to this bull market to date. We are all (gold industry writers, miners, analysts) working hard to bring you the message and cover the topics and provide prudent analysis.

We will be locking many of the more specialized pages away for the eyes of subscribers only in the near future as we add greater levels of data but for now it is all accessible and free. Readers at this site are welcome to stop by and search through our resources if they wish. Global financial conditions are still in favor of gold, silver, PGM’s, new cleaner energy solutions and all commodities.

Good trading / investing.

Regards,

Neil Charnock
GoldOz is currently developing a Member area and building further resources for free usage. Gold mines and gold province pages just added and being expanded.

Recent photos of the drill core of the Contact Zone at San Diego are now available for viewing in the photo section of the GOG Hub.

Highlights of the Core include:

Contact Zone:- New Semi-Massive Sulphides Zone at Diorite/Marble Contact

: General View of Zone from 590.85 to 596.65 metres (core length)

with 50 g/t Ag over 5.90 m with 1.52% Pb and 1.44% Zn, including:

· 109 g/t Ag over 1.25 m with 3.5% Pb and 3.5% Zn

· 140 g/t Ag over 2.80 m with 4.1% Pb and 3.6% Zn

Sincerely

AGORACOM

Please click on this Link to listen to David Rigg discuss the assay results on the San Diego Joint Venure Property that were released June 23rd, 2008.

Sincerely,

AGORACOM

The 2008 diamond drill program consisted of 47 NQ holes (Fig. 1) totalling 1,074 meters. Drilling tested the Lingo gold occurrence at relatively shallow depths (4.3 to 60 m) on a close grid pattern of vertical holes to trace the mineralized quartz vein from surface trenches to a vertical depth of 30 m. The high grade gold-bearing zone has a strike length of 10 to 20 metres and plunges NE to NNE. Mineralization is considered open at depth. Mineralization is characterized by the presence of visible gold in narrow (less than 1.0m) quartz ± carbonate veins hosted in sericitized and silicified felsic volcanic rocks. The veins have very low sulphide content.

Mapping and prior exploration of the property has identified at least 8 high grade gold occurrences along the East-West trend of the Wolf Lake Shear zone, including the recent discovery of the Red Toad Showing on its' eastern margin by Golden Tag (see Press Release: July 24, 2004). Quartz veining at Lingo is persistent along strike and beyond the limits of the current program of drilling.

The very high grade assay interval of 3,230.89 g/T Au over 0.80 m in hole AQ-08-06 includes a reported value of 12,906.5 g/T Au over 0.20 m (376.44 ounces gold per ton over 0.65 feet). The later value is considered a MINIMUM value for this interval of core. The interval contains 7 to 10% visible gold as pinpoints, specks and blebs measuring up to 4 mm by 9 mm within a coarse-grained quartz vein (true width 12 cm). The sample was assayed by screened analysis. Assays of both fine (414 grams in weight) and coarse fractions (17 grams in weight) returned the upper limit assay of this method, 10,000 ppm Au. Reassaying of the fine fraction only by concentrate gold method returned 12 906.5 g/T Au. The original coarse fraction is destroyed in the screen analysis and could not be reassayed. Because of the nature of the sample, the coarse fraction can be assumed to have contained more than this reported grade.

Assay Method and Quality Control

A total of 706 half drill core samples were collected, split in half, and one half sent to a commercial laboratory for analysis and other half retained for future reference. A strict QA/QC program was followed which included mineralized standards and blanks for each batch of samples. Analytical services were provided by ALS-Chemex, Val d'Or, Quebec.

Significant assay results were also duplicated at the laboratory. Samples were prepared using standard preparation procedures used by ALS-Chemex. Samples were assayed by fire assay with atomic absorption spectrometry finish on a 50 grams nominal sample weight, giving a lower limit of detection of 0.005 ppm and an upper limit of detection of 10 ppm (10 g/T Au). Samples yielding greater than10 ppm were re-assayed using fire assay and gravimetric finish, giving a lower limit of detection of 0.05 ppm and an upper limit of detection of 1000 ppm. Samples showing visible gold, or where initial fire assays with result exceeding 5 ppm, were analysed with metallic screen assays and fire assay. The entire sample was pulverized and screen to 100-micron. The metallic sieve assay gives a lower limit of detection of 0.05 ppm and an upper limit of detection of 10,000 ppm. The very high grade gold sample was assayed by concentrate gold method of analysis.

The diamond drilling program was conducted under the supervision of Mr David Rigg, P.Geo. and CEO of the Company and Mr Roger Moar, Consulting Geologist, P.Geol.; Qualified Persons under National Instrument 43-101 guidelines. Both have reviewed and verified the technical content of this press release.

Golden Tag Resources Ltd. is a junior exploration company actively exploring for high grade gold and silver deposits at the San Diego silver-lead-zinc project in Durango State, Mexico; the Aquilon gold project in James Bay, Quebec; and the McCuaig gold project in Red Lake, Ontario.

Golden Tag is a member of the Agoracom Investor Relations group at: www.agoracom.com/IR/goldentag.

To be added to the investor e-mail list, please send to
gog@agoracom.com

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 statement to conform the statements to actual results or changes in our expectations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

A map of Aquilon project is available on Marketwire's website at the following address: http://media3.marketwire.com/docs/Li...

For more information, please contact

Golden Tag Resources Ltd.
Marc A. Carrier
President
514-426-8542
514-426-8543 (FAX)
pres@goldentag.ca
www.goldentag.ca

Highlights from hole SD-08-33 are:

Detailed results from the holes with true widths and Silver Equivalent grades are reported in Table 1.

Hole SD-08-33 was drilled from the south portion of the property to follow-up on previously reported holes SD-07-20 and 07-22 (see press release of April 7, 2008) and test the Montanez Zones, Cantarranas and SD Veins. The environment of mineralization intersected in hole SD-08-33 includes two semi-massive and massive sulphides zones located along favourable diorite/marble contacts, with associated sulphide replacement of adjacent marbles. One of these zones can be linked to the Cantarranas Vein and the Ag-Vein Zone, where they appear to be merging at depth; whereas the other zone (Contact Zone) is a new structure located further to the north and once again associated to a diorite/marble contact.

Hole SD-07-24 was a step-out hole behind hole SD-07-10 to follow-up on:

- a near surface oxide zone - called the "Oxi-Zone" - that had previously returned high silver grades of up to 969 g/t Ag over 0.45 m and 627 g/t Ag over 0.95 m and,

- to intersect the La Cruz Vein at depth.

Drill results confirm the extension of the La Cruz Vein structure to depths of 500 m below surface with an intersection of 1,100 g/t Ag and 2.4 g/t Au over 0.65 m with 12.6% Pb, 6% Zn and 0.6% Cu. Drilling on the Oxi Zone showed that it is located at a diorite/marble interface and follows a conjugate set of fractures with opposing dips (Oxi Zone-A and B). A new geological feature was also intersected at depth and appears to correspond to a redox zone (Reduction-Oxidation front) developed along a narrow, steeply-dipping fault zone with extensive hematite replacement. This redox zone acted as geochemical trap for gold and copper. Assays from this zone returned 5.6 g/t Au over 1.30 m with 1% Cu.

The results from current drilling are considered to be the most encouraging results to date from the property. In addition to the 43-101 mineral resources currently identified within several laterally and vertically persistent polymetallic vein sets; drilling has now demonstrated good potential for a deep seated sulphide source capable of generating extensive replacement (Mantos-type) sulphide zones along diorite/marble contacts.

The drill section including holes SD-07-20, 07-22 and 08-33 shows that:

- Stringer-style mineralization, encountered close to surface in hole SD-07-20, changes with depth into narrow massive sulphide veins, 275 metres vertically below in hole SD-07-33;

- Individual zones such as the Ag-Vein Zone and Cantarranas Vein are getting more closely spaced with depth and together define a mineralized envelope with a true thickness of at least 20 metres in hole SD-08-33;

- At depths of more than 400 metres, in the eastern sector of the property, deformation gradually changes from a brittle to more ductile style and is associated with increasing development of marble and pervasive silicification.

These observations can be linked to hydrothermal activity derived from the hot diorite intrusion coring the centre portion of the property. Massive to semi-massive sulphide zones recently encountered at depth bring further evidences that the system once active at San Diego had the potential to develop massive sulphide lenses of a similar nature to those found in Mantos-type deposit environments. In this larger scale model, the laterally extensive fracture-type veins observed on surface are the actual surface expression of this deep-seated mineralizing activity.

In view of the excellent exploration results obtained in the eastern sector of the property, Golden Tag and ECU will now focus on planning additional drilling as part of the Phase 4 exploration campaign. To this effect, the companies have recently signed a 5,000 metre drill contract with Layne de Mexico from Hermosillo that will supply a track-mounted drill designed for deep drilling. Drilling is scheduled to start in early September.

As part of this process, the joint-venture partners will continue their review and integration of all results to date in a 3-D MineSight database. All remaining assay results from Phase 3 program will be released as they become available.

Golden Tag and ECU Silver concluded their Phase 3 diamond drilling program at the end of March 2008. During this program initiated in October 2007, a total of 16 new holes, with the extension of one prior hole, were completed for a total of 6,655 metres of drilling. There are 9 holes that remained to be reported.

Quality Control: The drilling program is supervised by Ms. Kateri Marchand, P.Geo. and is a Qualified Person under National Instrument 43-101 guidelines and she has confirmed all disclosures in this release. Details of the QA/QC program followed at San Diego are available in previous press releases. Analyses were performed by ALS Chemex accredited assay laboratories of Guadalajara, Hermosillo and Chihuahua (Mexico). Conversion factors used to convert to silver equivalents are shown at bottom of Table 1. Readers are cautioned that until a pre-feasibility study is completed, there are no assurances that these mineralized zones will be economically viable.

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The area includes five historical mines - Santa Juana, Terneras, San Mateo, San Juanes, and the San Diego mine. ECU is defining the "Mineralized Corridor" at Santa Juana and also further defining several higher grade narrow veins within the area. ECU's mission is to become a pre-eminent silver producer through the development of existing, and additional potential resources at Velardena.

Golden Tag Resources Ltd. is a junior exploration company actively exploring for high grade gold and silver deposits at the San Diego silver-lead-zinc project in Durango State, Mexico; the Aquilon gold project in James Bay, Quebec; and the McCuaig gold project in Red Lake, Ontario.

Golden Tag is a member of the Agoracom Investor Relations group at www.agoracom.com/IR/goldentag. To be added to the investor e-mail list, please send to gog@agoracom.com.

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 statement to conform the statements to actual results or changes in our expectations.

Please Click Here to View the Entire Assay Table

Notes: 1/ Silver Equivalents

Silver Equivalents were calculated using the same commodity prices and metal recovery factors used in the San Diego 43-101 Resource Estimate Report: 26.60 g/t Ag per 1% Pb, 31.21 g/t Ag per 1% Zn. Recovery factors were 76% for silver, 71% for gold, 75% for lead and 44% for Zn. Commodity prices of US$11.60/oz for silver, US$0.60/lb for lead and US$1.20lb for zinc were used.

Gold content was taken into account in the silver equivalent calculation of gold grades above 1 g/t. Lead and Zinc content were not included in the silver equivalent calculation of the oxide vein Oxi Zone A.

2/ True Widths

The true widths of the reported intersections are 50 to 60% except for the Oxi Zone-A which is 75% and Oxi Zone-B 25%.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Golden Tag Resources Ltd.
Marc A. Carrier
President
(514) 426-8542
(514) 426-8543 (FAX)
Email: pres@goldentag.ca
Website: www.goldentag.ca

or

ECU Silver Mining Inc.
Stephen Altmann
President
(416) 644-8640
Email: ecu@ecu.ca
Website: www.ecu.ca

or

CHF Investor Relations
Chris Haldane
Account Manager
(416) 868-1079 ext. 237
Email: chris@chfir.com

or

CHF Investor Relations
Michael Borovec
Account Manager
(416) 868-1079 ext. 229
Email: michael@chfir.com

The Address and time for the GOG AGM is as follows,

" The annual and special meeting of shareholders of Golden Tag Resources Ltd. will be held at the offices of Lavery, de Billy, LLP, 1 Place Ville Marie, Suite 4000, Montreal, Quebec, on Monday, June 30th, 2008 at 10:30 AM local time."

Sincerely,

AGORACOM

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this release.

Dear CIGAs,

Nothing happens by chance! Please consider the following:

An excerpt from the below Reuters article:

"Small and medium-sized miners and juniors who are still in the exploration stage, are the easiest targets for bigger companies, but the acquisitions wave won't likely stop there, THEY SAID.”

Why is it that amongst companies active in minerals, it is primarily and almost only precious metals shares that are under severe selling pressure?

Why is it that companies active in other mined products or co-products as below have their shares in major demand?

Did gold not rise from $248 to a high of $1033, yet even then the hammer was being applied to gold shares, especially those that hold the potential and promise of new production, as production declines?

Is there not a glaring example of a mined product in the form of potash this week? Did not an IPO in a mining company specializing in potash used as a fertilizer open up above its issue price by 58%?

Chemically, potash consists of potassium carbonate, but also might contain potassium oxide or potassium chloride, depending on how pure you consider the mixture. Usually, potash takes the form of powdery salts. Modern methods of extraction almost all rely upon deposits mined from ores, like sylvanite.

Nowadays our potash comes from mining and goes toward inorganic fertilizer rich in potassium.

Why are other mining entities acting so well, especially those with the following significant products:

• Antimony
• Beryllium
• Cadmium
• Chromium
• Cobalt
• Manganese
• PGMs
• Rhodium
• Tungsten
• Vanadium

How about simple iron ore and all those involved in all the criteria of exploration and development of crude oil? That is an extractive industry as is precious metals mining.

Your answer may be that gold is different but it is not. You might say others think that gold has topped, but it hasn’t.

The stimulants economically are the same for potash, iron ore and the other items listed above as it is for gold. It is the growth in Asia, the consequences of the effort to maintain the social order as the financial order implodes, and the condition of the US dollar.

Nothing happens by chance but for argument sake lets call it an opportunity to be seized. Many junior gold companies are so depressed that they are worth more dead than alive.

Gold and other metals shares are depressed so that they are selling well below their “Asset Vale.”

Asset Value is something that 3.7 generations have not taken into consideration where price is concerned. You may recall that I suggested to you that one major company would consolidate the industry. Keep that concept in mind. Major gold producers are in need of new production. This is FACT.

South African companies are in need of major projects OUTSIDE of the RSA. For the RSA gold producer there is no expansion of reserves in RSA because, even if they have it, they cannot produce it as the energy situation is already stressed beyond demand. This is a long-term problem unfortunately.

The major consolidator of the Gold mining industry may have gotten too greedy in waiting for future reserve properties to become ever cheaper and cheaper for acquisition or joint venture.

The game being played by design or serendipity is to depress the juniors or to take advantage of the decline in the juniors as a result of the poor share price action through starving the junior or explorer of financing.

Depressing the price of the shares of most junior situations results in starving precious metals juniors of financing and their shareholders would be ripe for a bid for the company at a price much lower then their highs when gold was at $600. It may also make the smaller company eager to make deals at less than advantageous conditions for their investors.

The key here is that the gold producing industry is in need of new resources as present resources are depleting. That is fact about which there is no question whatsoever.

It is much cheaper to pick up a property or entire company in a financially stressed condition because it cannot publicly finance for continued operation.

Let’s call the situation the taking advantage of a serendipitous development. To others it looks like the consolidators are holding a smoking gun. The weakness in this strategy is the advent of new competition for minerals internationally, primarily from Asia and the Middle East.

The Saudis and the Chinese are actively looking for mineral prospects from industrial to precious metals, from strategic metals and material to rare earths and beach sands, having publicly said so at top executive levels.

The major industry consolidators now have competition from companies with more liquidity and NO need for debt to take any property to production.

The advent of this new competition may well trump the western companies some feel are holding the smoking guns.

This competition from Asia and the Middle East may accelerate the consolidator, whose timing is a greed driven desire to get properties so cheap they might be considered free, to move sooner than later.

To call attention to the factual nature of this analysis please read the following article posted here April 11th this year regarding the stated interest of a major Chinese company given publicly at a recent professional mining conference and quoted therein.

Please note the all-important statement given by a top executive of the Chinese company:

"Small and medium-sized miners and juniors who are still in the exploration stage, are the easiest targets for bigger companies, but the acquisitions wave won't likely stop there, THEY SAID."

Click here to view the full article

Partial drill results from recent holes, SD-07-23 and SD-08-26, drilled in the Eastern sector of the property continue to expand mineralization as well as confirm high grade nature of the main Montanez, Cantarranas Veins and subsidiary, El Jal Veins and Canta-Splay Vein.

In addition, recent sampling of old workings conducted on the Porvenir Vein confirmed the high grade potential of this vein.

Results from drilling with true widths are reported in Table 1. Highlights from drilling include:

Montanez Vein

The vein strikes ESE and dips 87 degrees S and is hosted in the Hangingwall portion of the Montanez Zone. It has been confirmed over a strike length in excess of 600 metres.

- 1,786 g/t Ag over 1.25 m (SD-08-26) with 6.38% Pb and 4.33% Zn

Cantarranas Veins

The vein strikes E-W and dips 80 degrees S with a confirmed strike length of 400 metres.

- 1,365 g/t Ag over 0.75 m (SD-08-26) with 21.40% Pb and 6.90% Zn; and,

- 1,060 g/t Ag over 0.55 m (SD-08-26) with 14.95% Pb and 3.85% Zn

Canta-Splay Vein

This Vein is oriented ENE and dips 80 degrees NW and is confirmed over a strike distance of 350 metres.

- 620 g/t Ag over 0.75 m (SD-08-23) with 1.73% Pb

El Jal Vein

The Vein trends NE and dips 60 degrees SE with a confirmed strike length of 400 metres.

- 933 g/t Ag over 0.22 m (SD-08-23) with 5.84% Pb and 1.74% Zn

And, underground sampling of:

Porvenir Vein

This Vein, located in the north-eastern corner of the property, is E-W oriented and steeply dipping to the south and can be traced on surface for over 100 metres.

- 2,012 g/t Ag over 0.12 m with 1 g/t Au, 29.9% Pb and 4.3% Zn

Results from current drilling continue to be encouraging for potential resource expansion and lie outside the current area of Resource modelling. The holes confirm:

- Further extension to the ENE for the Canta-Splay Vein (SD-08-23)

- Further extension to 300 m below depth for both the El Jal Vein (SD-08-23) and Cantarranas Veins (SD-08-26) as well as confirmation of increasing metal grades with depth;

- Presence of a very rich silver area within the Montanez Vein (SD-08-26) located only 70 m below surface that can be linked to last year's DDH SD-07-01 and -01A situated 120 metres to the west that respectively returned grades of 3,680 g/t Ag over 0.75 cm with 7.85% Pb and 10.9% Zn and, 1,395 g/t Ag over 0.55 cm with 14.8% Pb and 8.63% Zn.

- High grade potential of the Porvenir Vein, an E-W oriented structure (underground sampling).

The San Diego property hosts a well-developed pattern of high-grade Ag-Pb-Zn tabular veins that show persistent continuity both along strike and at depth. At least two main systems of Veins are recognized, an E-W system that includes the Cantarranas, Rata and SD Veins and, a NW-SE system that includes the Montanez, La Cruz and Trovador Veins. The other veins on the property, the NE trending El Jal Vein and ENE striking Canta-Splay Vein, are recognized as subsidiary structures. Together, all of these veins represent the surface expression of a deep-seated epithermal system of mineralization. In some instances, the veins are simple fractures filled with mineralizing fluids like the El Jal Vein. In other cases, such as the La Cruz and Montanez, the veins can be associated to fault corridors developed along contact zones between the intrusive rock (diorite/monzonite) and the hosting limestone. Broader zones of sulphide mineralization offering large tonnage bulk mining potential (see Company press release of March 3, 2008) appear to be related to fracturing and replacement near or along the contacts of the intrusive bodies within limestone with skarn alteration and marble contact metamorphism.

Information gathered from completion of hole SD-07-26 further suggests that the Cantarranas Vein would, like La Cruz and Montanez Veins, be associated to a fault corridor (the Grey Fault Zone) located along a diorite/marble contact. This broader Cantarranas structure appears to join with the silver-rich stringers zone identified in hole SD-07-20 hosting silver grades as high as 4,420 g/t Ag over 0.58 m (see press release of March 3rd, 2008) that is also related to the same diorite/marble contact.

Golden Tag and ECU Silver initiated their Phase 3 diamond drilling program in October 2007. A total of 16 holes have been completed to date for a total of 6,650 metres of drilling. Six drill holes have now been reported. Construction of a new drill road in the hilly south portion of the property was completed to allow drilling the highly prospective area east of the central Diorite. Hole SD-08-33 was recently completed from this road to follow-up on previously reported holes SD-07-20 and 07-22 and test the Montanez Zones, Cantarranas and SD Veins. Assay results from Hole SD-08-33 are currently unavailable, however, visual observations made on core are very encouraging. The environment of mineralization intersected includes semi-massive and massive sulphides as vein infill with associated sulphide replacement of adjacent marbles; increasing vein widths up to 2 m (core width) and a new mineralized vein structure at the diorite/marble contact.

Visual results from Hole SD-08-33 suggest continued improvement in the mineralized system at depth with strong vertical continuity of the main veins, increasing skarn alteration and contact metamorphic effects; and potential for more extensive replacement sulphide zones at even greater depth along the diorite contacts.

Assay results and visual observations from the most recent drill holes point to the need to conduct deeper drilling. The actual drill rig utilized to complete Phase 3 drilling not being adequate to perform deep holes, the joint-venture has decided to end the Phase 3 program after Hole SD-08-33. A minimum 5,000 metre follow-up Phase 4 program utilizing a more proficient drill will be undertaken shortly. In the interim, the joint-venture partners will review and integrate Phase 3 results in a 3-D MineSight model to efficiently structure and develop the deeper Phase 4 program. Assay results from the remaining Phase 3 program will be released when available.

Quality Control:

The drilling program is supervised by Ms. Kateri Marchand, P.Geo. and Qualified Person under National Instrument 43-101 guidelines and she has confirmed all disclosures in this release. Details of the QA/QC program followed at San Diego are available in previous press releases. Analyses were performed by ALS Chemex accredited assay laboratories of Guadalajara (Mexico) and Vancouver (Canada) as well as non-certified ERSA laboratory of Torreon, Coahuila.

Conversion factors used to convert to silver equivalents are shown at bottom of Table 1 and 2. Readers are cautioned that until a pre-feasibility study is completed, there are no assurances that these mineralized zones will be economically viable.

ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The area includes five historical mines - Santa Juana, Terneras, San Mateo, San Juanes, and the San Diego mine. ECU is defining the "Mineralized Corridor" at Santa Juana and also further defining several higher grade narrow veins within the area. ECU's mission is to become a pre-eminent silver producer through the development of existing, and additional potential resources at Velardena.

Golden Tag Resources Ltd. is a junior exploration company actively exploring for high grade gold and silver deposits at the San Diego silver-lead-zinc project in Durango State, Mexico; the Aquilon gold project in James Bay, Quebec; and the McCuaig gold project in Red Lake, Ontario.

Golden Tag is a member of the Agoracom Investor Relations group at www.agoracom.com/IR/goldentag. To be added to the investor e-mail list, please send to gog@agoracom.com.

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 statement to conform the statements to actual results or changes in our expectations.

Notes: (1) Silver Equivalents

Silver Equivalents were calculated using the same commodity prices and metal recovery factors used in the San Diego 43-101 Resource Estimate Report: 26.60 g/t Ag per 1% Pb, 31.21 g/t Ag per 1% Zn. Recovery factors were 76% for silver, 71% for gold, 75% for lead and 44% for Zn. Commodity prices of US$11.60/oz for silver,US$0.60/lb for lead and US$1.20lb for zinc were used.

Gold content was not taken into account in the silver equivalent calculation. Lead and Zinc values were also not included in the silver equivalent calculation for the Canta-Splay and Porvenir oxide Veins.

(2) True Widths

The true widths of the reported intersections are 80 to 85% for both Montanez and El Jal Veins; 35% for Canta-Splay Vein; 60% for Cantarranas Vein.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Golden Tag Resources Ltd.

Marc A. Carrier

President

(514) 426-8542

(514) 426-8543 (FAX)

Email: pres@goldentag.ca

Website: www.goldentag.ca

or

ECU Silver Mining Inc.

Stephen Altmann

President

(416) 644-8640

Email: ecu@ecu.ca

Website: www.ecu.ca

Agoracom

New photos of the San Diego Property are available in the Photo Section in the main menu and may also be accessed on the Golden Tag Resources website through this link:

http://www.goldentag.ca/photogallery/mexico7.php

Agoracom