Tarachi Gold – Update On Test Work At Magistral Leading To An Upcoming PEA
Cameron Tymstra, President and CEO of Tarachi Gold (CSE-TRG – OTCQB:TRGGF) joins us for an update on the Magistral Project in Durango, Mexico, which includes a 1,000 tpd mill and access to a tailings resource (non-compliant with NI 43-101) estimated to contain 1.3Mt at 2.05g/t Au.
We discuss the recent metallurgical testing and successful recovery rates in Ausenco Engineering’s studies, in tandem with the projected low energy process for the tailings material, as the Magistral Project moves towards a PEA, with plans to bring it into production in 2022.
Cameron also outlines the future exploration work planned at the Company’s Tarachi project, which covers 3,708ha of highly prospective mineral concessions in the Sierra Madre gold belt of Sonora, Mexico. The Company will be following up on the high-grade drill intercepts from it’s Jabali concession near the historic La Dura mine. We wrap up with the potential of Tarachi Gold to acquire other adjacent land to Magistral to feed the mill as well as their review of acquiring a development stage project.