Golden Tag Resources Ltd. report the results from hole SD-11-46, the final hole of a 10,400 meter, Phase 5 surface exploration program on the San Diego Property, Durango State, Mexico. The property is a 50/50 joint venture between Golden Tag and Golden Minerals Company. Hole 46 was drilled 150 meters to the east of the newly discovered South Corridor, host to the wide and strongly mineralized Trovador, Skarn and Lorenzo zones, to test for a possible eastern extension to mineralization. It is important that the results from this hole be viewed in conjunction with results from all holes from this phase 5 program. Hole 46 has confirmed the discovery of a new vein zone at shallow depths within the Central Corridor, the C2 Zone, as well as confirming the extension of the Trovador, South Skarn and Lorenzo zones within the Southern Corridor. True widths are estimated to average between 50% to 65% of core length. The results have been calculated using cut-off grades of $60 per tonne and $90 per tonne, limits that may be applicable for either Bulk- or Selective-mining situations. The intersections are calculated from multiple core samples as length-weighted averages. The effect of changes in specific gravity (SG) between samples has not been taken into account. SG measurements on retained core from all intersections are currently being collected. In the upper 600 meters, hole 46 crossed the Central Corridor and encountered typical high grade, narrow Pb-Zn-Ag-rich veins; similar to the Montanez, La Rata, SD, and Cantarranas veins that have been featured in exploration results along the Central Corridor during Phases 1 to Phases 4. Below 600 meters, hole 46 encountered mineralization down to the end of hole and the limit of the drill rig at 1,295.3 meters, traversing the targeted eastern extension of the South Corridor. Mineralization in this area consists of massive sulphide lenses or veins, surrounded by extensive networks of stringer and sheeted veins, and hosted within highly silicified limestone, marble and skarn. The Trovador, South Skarn and Lorenzo zones of the Southern Corridor have been identified and the hole successfully confirms a strike-length for this Corridor of over 300 metres. The zones remain open and offer considerable potential for further extension; east, west and at depth. Mineralization in hole 46 becomes increasingly zinc- and copper-rich at depth in apparent conformity with the general metal trends observed throughout the Velardena District. The highlight of the Phase 5 program has been the discovery of a new mineralized corridor lying along the southern side of the property and associated with a large extension of the Trovador vein. Trovador is one of seven high-grade veins outcropping at surface; the La Cruz, Rata, Phase 5, furthermore, has demonstrated that Trovador is contained within a broad mineralized envelope, the Southern Corridor. This hosts two additional new high grade structures, the South Skarn and Lorenzo zones, all within a voluminous, lower grade area of sheeted stringer and vein networks. Phase 5 drilling has followed the South Corridor over a strike-length of over 300 metres and over a vertical extension of 800 m, from 200-m below the valley floor to a depth of 1,000 m. Drilling in the Porvenir sector has confirmed the extension of the narrow, high-grade NE-trending El Jal and Arroyo veins to respective depths of 200 m and 300 m below surface. The veins contain silver values of over 1,000 g/t Ag with up to 6 g/t Au. These bonanza-type grades occur at relatively shallow depths and are in stark contrast to the deeper, very broad intervals of low-grade mineralization typical of the Southern Corridor. Over 1,000 infill samples have been taken to assess the potential of the widespread mineralization associated with stringer and sheeted vein networks in the Southern Corridor and also observed in the deeper parts of the Central Corridor. Results from these samples are still largely unavailable.