Source: Golden Tag Resources Ltd.

Golden Tag Extends Warrant Expiry Dates

MONTREAL, QUEBEC--(Marketwire - Nov. 2, 2012) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) announces that subject to regulatory approval, it has extended the expiry dates of certain outstanding warrants as detailed below. The subject warrants were originally issued in November 30, 2010, with an original expiry date of two (2) years. The new expiry date will provide a two year extension. These warrants continue to be exercisable at their original exercise prices.

Exercise Price Original Expiry Date Amended Expiry Date
$0.60 CDN November 30, 2011 November 30, 2013
$0.70 CDN November 30, 2012 November 30, 2014

Golden Tag Resources

Golden Tag is focused on exploration for high-grade gold and silver deposits in Canada and Mexico. Exploration projects include the San Diego silver project in Durango State, Mexico; the Aquilon gold project in James Bay, Quebec and the Verneuil gold project in Quebec. Golden Tag also has interests in the McCuaig gold project in Red Lake, Ontario. Golden Tag has 53,426,558 issued and outstanding shares and has no outstanding debt.

Cautionary Statement: Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. 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. For a discussion of the risk factors that are inherent in our business see our public filings at

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Marc A. Carrier
President and C.F.O.
(514) 426-8542
(514) 426-8543 (FAX)