Tarachi Gold Begins Diamond Drill at San Javier

Tarachi Gold has begun diamond drilling on the San Javier Concession targeting the La Colorada gold bearing breccia pipe, which was recently discovered by Tarachi as part of their drilling program in November and December of last year. The purpose of this summer’s four-hole, diamond drilling program is to follow up on the positive 2020 results by drill testing the breccia pipe down-dip from last year’s high-grade intercepts.

In February of this year, the company announced they had completed nine diamond drilling holes at San Javier, which totaled just over 1066 meters of drilling. The 2020 Tarachi drilling, discovered significant gold concentrations with returned values of 11.9 g/t Au over 2.0m and 5.39 g/t Au over 5.6m, in holes SJA-20-005/006, respectively. Tarachi Gold’s press release reports that in both intercepts the gold mineralization was situated within a large breccia pipe feature containing over 20 percent sulphides, mainly coarse-grained pyrite with minor quartz veining/veinlets.

 “Originally the November to December 2020, diamond drilling at the San Javier Concession focused on areas with known gold mineralization from historic drilling programs,” said Tarachi, VP Exploration and Director, Lorne Warner. “The gold mineralization was previously thought to be concentrated along a low angle, west dipping shear zone within mainly monzo-diorites, however, we discovered the gold mineralization is situated within a large intrusion hosted, breccia pipe,” Warner added.

The Tarachi project consists of San Javier, Pretoria, Chivitas, Jabali, Juliana, Texana and Tarachi concessions, totaling 3,708ha in Sonora’s Mulatos gold belt. The company’s concessions lie approximately 220km east of Hermosillo and 300km south of the US border, as previously reported by Mexico Business News. The San Javier Concession is being targeted for shear-hosted high-grade, high-sulphidation epithermal gold deposits and gold-bearing mineralized breccias. San Javier had previously been drilled by Agnico Eagle back in 2014, where they encountered high-grade intercepts including 34.5g/t Au over 5.0m and 24.3g/t Au over 3.0m in holes 100m apart on the San Javier concession. By fall of 2020, they encountered high-grade intercepts including 34.5g/t Au over 5.0m and 24.3g/t Au over 3.0m in holes 100m apart on the San Javier concession.