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Tarachi Gold Reports Visible Gold Seen in RC Drill Cuttings on the Jabali Concession in Sonora, Mexico
VANCOUVER, BC, May 12, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce its geolog
About this update from Tarachi Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, May 12, 2021 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) (\"Tarachi\" or the \"Company\") is pleased to announce its geology team has reported the presence of visible gold in drill cuttings from the recently completed surface reverse circulation (\"RC\") drill program south of the historic La Dura mine on the Company's Jabali concession. This is the first time that the Company has seen visible gold either in or around the La Dura mine. Tarachi VP of Exploration and Director, Lorne Warner, commented: \"Our geologists noting the presence of visible gold in the RC drill cuttings is a nice surprise for us on the Jabali concession. This is the first time that we have come across visible gold in this area. Visible gold was not even seen in the many high-grade intercepts encountered by the underground core drilling program, including the 5.6m intercept of more than an ounce per tonne announced last week.\" The visible gold was observed in the drill cuttings from RC hole JAB-21-014 over an approximate interval of ten metres from 18 to 28m downhole. The drill hole was collared about 45m southeast of the historic underground workings at La Dura (Figure #1) with an azimuth of 15o and a dip of 60o. Company geologists discovered the visible gold by panning some of the extra drill cuttings from this interval (Figure #2). Assays are still pending from the RC drill holes, results are expected to be received from the lab over the coming weeks. Based on the drilling and mapping done to date, the Tarachi geology team believes the gold is hosted in a 10-20m thick panel of heavily silicified rhyodacite striking roughly north-south, dipping to the east at an approximate angle of 30o and plunging to the south at 25o. Higher grade gold mineralization is suspected to be concentrated within this panel in vertical zones or shoots running east-west. The RC surface drilling program is expected to provide greater clarity as to the true thickness of the panel as well as if there are additional parallel structures at depth. Figure 1 - Jabali Concession Drill Holes Figure 2 - Visible Gold Panned from Hole JAB-21-014 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 the other half is placed into a plastic b...