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Tarachi Gold Announces Average Grade of 2.04g/t Au from Magistral Tailings Drilling
Highlights: All 37 holes intersected high-grade gold tailings material. Average assay grade of 2.04g/t Au from 171 gold tailings intercepts VANCOUVER, BC, Oct.
About this update from Tarachi Gold Corp.
[{"type":"text","content":" Highlights: All 37 holes intersected high-grade gold tailings material. Average assay grade of 2.04g/t Au from 171 gold tailings intercepts VANCOUVER, BC, Oct. 5, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) (\"Tarachi\" or the \"Company\") is pleased to announce assay results from the tailings drilling program completed in May (see press release dated May 20th, 2021) at the Company's wholly owned Magistral Mill and Tailings Project (\"Magistral\") 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 sent to Activation Laboratories Ltd. in Kamloops, British Columbia for assaying after being logged by the Company's geology team on site. Sample recovery averaged 95.9%. Two adjacent samples were combined to form 1.4-metre composites where possible at the lab with a total of 178 composites and samples assayed. Of the 178 samples assayed, 171 of them were determined to be composed of gold tailings and are summarized in Table 1. Table 1 – Summary of Gold Tailings Assays Au Range (g/t) Number of Samples Average Grade (g/t) <1.00 3 0.91 1.00 – 1.50 33 1.31 1.51 – 2.00 55 1.77 2.01 – 2.50 44 2.21 >2.51 36 3.00 TOTAL 171 2.04 Table 2 – Magistral Tailings Auger Hole Collars and Gold Tailings Intercepts Hole ID UTM East UTM North Elev. (m) From (m) To (m) Interval (m) Wt. Avg. Au (g/t) Notes MAG-21-001 460818.0 2873731.6 1735.5 0.00 10.92 10.92 2.66 Au Tailings. MAG-21-002 460921.7 2873768.8 1736.5 0.00 8.97 8.97 2.94 Au Tailings. MAG-21-003 460843.7 2873837.5 1744.5 0.00 14.50 14.50 1.65 Au Tailings. MAG-21-004 460851.0 2873767.9 1735.8 0.00 3.26 3.26 1.72 Au Tailings. MAG-21-005 460747.2 2873861.3 1744.2 0.00 2.80 2.80 1.90 Au Tailings. MAG-21-006 460957.5 2873879.5 1745.1 0.00 8.61 8.61 1.55 Au Tailings. MAG-21-007 460920.0 2873845.9 1743.2 0.00 14.00 14.00 1.77 Au Tailings. MAG-21-008 460675.1 2873802.8 1743.7 0.00 8.83 8.83 1.58 Au Tailings. MAG-21-009 460715.7 2873741.7 1739.1 0.00 1.29 1.29 1.07 Au Tailings. MAG-21-010 460748.1 2873806.2 1740.0 0.00 5.73 5.73 1.51 Au Tailings. MAG-21-011 461065.6 2873917.2 1747.8 0.00 9.10 9.10 2.23 Au Tailings. MAG-21-012 460999.1 2873835.3 1738.4 0.00 8...