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Tarachi Gold Commences Second Phase of Drilling at the Historic La Dura Mine in Sonora, Mexico and Appoints a New Transfer Agent
VANCOUVER, BC, March 5, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (PINK: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce the start
About this update from Tarachi Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, March 5, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (PINK: TRGGF) (Frankfurt: 4RZ) (\"Tarachi\" or the \"Company\") is pleased to announce the start of the second phase of underground drilling at the historic La Dura mine on March 1, 2021. The success of the 2020 underground drilling program by Tarachi in holes JAB-20-06/07 demonstrated the potential of the La Dura Zone to continue plunging to the south as indicated in Figure #1. The program entails the completion of four HQ diamond drill holes testing the eastern limits of the zone and exploring its continuation to the south as seen in Figure #2. In addition to the underground drilling at La Dura, a surface RC drill rig will be mobilized to the Jabali mineral concession in mid-March to test the 400m-long area between the La Dura mine and the artisanal workings at Zaragoza as seen in Figure #3. The priority target in this region is the potential intersection of the main N-S trend with the mineralized Baby Doll zone that appears to trend NE. Tarachi CEO, Cameron Tymstra stated: \"We are looking forward to returning to Jabali with the drill crews to continue exploring around the La Dura mine and to test the 400m-long corridor between La Dura and the Zaragoza workings for the potential to host a mineral resource. With many of the World's economic gold deposits occurring around the intersection of structures, we are keen to bring a surface drill rig in to explore around the interpreted intersection of the two mineralized structures on the property.\" Jabali The Jabali concession is located 6km west from Alamos Gold's Mulatos mine, a heap leach operation that has produced over 2Moz of gold since 2005 and still contains an estimated 4Moz of gold in reserves and resources. Jabali is host to the historic La Dura underground mine where an estimated 100,000t of ore grading 3g/t Au was previously mined. The La Dura workings are in an intensively silicified and brecciated rhyolite. Quality Assurance/Quality Control Core samples were selected by a geologist and sawed in half. One half of the core remains in the core tray and the other half is placed into a plastic bag. Sample tags were submitted into each bag before being sealed and stored at the campsite in a secure area and were later transported by company truck directly to the Bureau Veritas Mineral Laboratories...