Tarachi Gold Corp.

Tarachi Gold Corp. is pleased to announce a non-brokered private placement financing of up to 22,222,222 units of the Company at a price of C$0.18 per Unit for gross proceeds of up to C$4,000,000. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one common share of the Company at an exercise price of [...]

Tarachi Gold Corp. is pleased to announce plans for an initial field exploration program on the La Texana property in Sonora, Mexico. The Company has the right to earn a 100% interest in La Texana as part of its option agreement with Minerales de Tarachi R.L. de C.V. About La Texana The La Texana concession is 300 hectares in size and located within the Sierra Madre Gold Belt. This section of the Sierra Madre is host to [...]

Tarachi Gold Corp. is pleased to provide an overview of the Company's accomplishments in 2021 and an outline of our priorities and goals for the year ahead. "I am proud of the progress our team made during 2021, particularly at Magistral," commented Cameron Tymstra, Tarachi CEO. "Despite experiencing three months of delays at the labs processing our tailings assays and metallurgical work, we were still able to drill out [...]

Tarachi Gold is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment for its wholly-owned Magistral Mill and Tailings gold project located in Durango, Mexico. Results of the PEA were previously announced in a Company news release dated December 13, 2021. The PEA, titled "Magistral Project: NI 43-101 Technical Report on Preliminary Economic Assessment", was prepared in accordance with the [...]

Tarachi Gold is pleased to announce the results of the Preliminary Economic Assessment for the Company's Magistral Mill and Tailings Project in Durango. Preliminary Economic Assessment Metrics: Initial capital costs of $11.1M USD and after-tax payback in 1.0 years Development timeline of 12 months Cash operating costs of $648/oz and AISC of $705/oz Au, net of copper and silver credits Pre-tax IRR of 120% and after-tax IRR [...]

Tarachi Gold is pleased to announce metallurgical results for the Company's wholly owned Magistral Mill and Tailings Project in Durango, Mexico. The results will be incorporated by Ausenco Engineering into the preliminary economic assessment that is nearing completion for the Magistral Project. Total gold recovery after 48 hours of leach time ranged from 81.7 to 86.9% on as-received, unground samples. Sample material for [...]

[wp=3880]Tarachi Gold is pleased to announce that it has completed its non-brokered private placement previously announced on October 6, 2021. The Company issued a total of 4,396,667 common shares at a price of $0.15 per Share to raise gross proceeds of $659,500.05. The Company paid cash finder's fees equal to C$9,000 and issued 60,000 broker warrants of the Company, exercisable at any time on or before October 28, 2022, to [...]

Tarachi Gold Corp. is pleased to announce a non-brokered private placement of up to 3,333,333 common shares at a price of $0.15 per Share to raise gross proceeds of up to $500,000. Proceeds of the Private Placement will be used for general working capital. Tarachi Gold is a Canadian-listed junior gold exploration company focused on exploring and developing projects in Mexico. Tarachi acquired the Magistral Mill and [...]

Tarachi Gold Corp. is pleased to announce assay results from the tailings drilling program completed in May at the Company's wholly owned Magistral Mill and Tailings Project in Durango, Mexico. A total of 37 vertical auger holes were completed to depths ranging from 1.3 to 14.5 metres with an average depth of 6.6 metres. Samples were collected in 70-centimetre-long intervals using a Shelby sample capture tube system and [...]

Tarachi Gold Corp. is pleased to announce drill results from its recently completed Phase 2 drill program on the Company's San Javier concession in Sonora. On July 13, 2021, the Company completed its Phase 2 drilling program consisting of five diamond drill holes SJA-21-010 to SJA-21-014 totaling 1577.50 metres on the San Javier Concession in Sonora, Mexico. The purpose of the program was to follow up on positive results [...]