TARACHI GOLD CORP
ABOUT TARACHI GOLD
Tarachi is an unknown Mexican focused gold exploration company that went public in mid-2020 in an $11 million dollar IPO, whose core assets were originally slated to be part of Vizsla Resources but with Vizsla’s early exploration success were placed into a separate company so they would get the attention they deserve.
Since going public Tarachi has grown its footprint to 3,708 ha of High-Grade Gold Exploration in the Sierra Madre Belt of Sonora, Mexico. Importantly, on a macro-level, over 100 million ozs of gold and several billion ozs of silver have been discovered on the belt, on a micro-level, within their district over 30 million ozs of gold and over 500 million ozs of silver have been discovered. Their land packages are surrounded by AGNICO EAGLE who has been under-reporting and hiding a 1.3 million ozs gold deposit that neighbors one of our blocks….but, I’ll get into that later on.
Since going public not only have they expanded their land position but have made a transformative acquisition that is a Jr. Mining Investors and Jr Exploration Companies dream. A low cap-ex, a near-term cash-flowing asset that will fund the companies exploration and growth plans for many years to come internally. The Transformative Acquisition of the Magistral Tailings Plant which included 1,000 tpd plant, tailings pond, and 600 ha property Located in northern Durango State, Mexico (easily accessible by highway), Historical (non-NI 43-101) tailings resource estimate of 1.3M tonnes at 2.05 g/t Au = +87000 ozs gold