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Tarachi's Gold First Drill Results Return 4.54 G/t Gold Over 20.1 Metres at Historic La Dura Mine in Sonora, Mexico
VANCOUVER, BC, Nov. 24, 2020 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (PINK: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce initial as
About this update from Tarachi Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, Nov. 24, 2020 /CNW/ - Tarachi Gold Corp. (CSE: TRG) (PINK: TRGGF) (Frankfurt: 4RZ) (\"Tarachi\" or the \"Company\") is pleased to announce initial assay results from underground diamond drill holes completed at the historic La Dura mine on the Company's Jabali concession. The underground La Dura drill program is testing the down-dip and potential plunge orientation to the area of initial interest identified by Tarachi geologists in the summer of 2020. Tarachi President and CEO, Lorne Warner stated \"I am very impressed by the high-grade nature of our first drill results from the La Dura historic mine. Drilling this type of mineralization so close to operating mines such as Mulatos and La India is exciting. All the assays released are encouraging and drillhole 05 particularly demonstrates the broad nature of the mineralization as well as the high grades of gold that are encountered on our concessions. Tarachi is well-funded and aggressively exploring this prolific district for economic quantities of gold. Currently, two drill rigs are turning on site, one at the La Dura historic mine and the other at the San Javier shear zone Table # 1: Diamond Drill Hole Composites Hole ID From (m) To (m) Core Length (m) Gold (g/tonne) JAB-20-03 1.8 7.0 5.20 2.30 JAB-20-04 0.0 14.5 14.50 5.49 including 0.0 7.0 7.00 9.67 110.0 118.0 8.00 0.31 JAB-20-05 0.0 20.1 20.10 4.54 including 0.0 10.0 10.00 7.48 *Assay results are in core length, true width is unknown. Gold mineralization at the historic La Dura mine was mapped in detail this summer by Tarachi's geological team as a series of steeply south dipping, east-west striking crackle brecciated quartz veins which locally control the high-grade gold mineralization in dacitic volcanics. All completed drill holes extend well into the lower andesitic volcanics with minor gold values occurring at the dacite/andesite contact. Figure # 1 is a plan view of the La Dura underground workings and drill hole traces with Table # 2 containing the drill hole orientations and length of hole. Table # 2 – Drill hole orientations Hole ID Azimuth (Degrees) Dip (Degrees) Length (m) JAB-20-03 15 -48 91.1 JAB-20-04 30 -48 128.7 JAB-20-05 30 -30 99.6 JAB-20-06 150 -30 110.0 The known gold mineralization cannot be tested in one drill hole due to the location of the LM-75 underground dril...