Tarachi Enters Into LOI for Transformative Acquisition of the High-Grade Magistral Del Oro Tailings Project


VANCOUVER, BCOct. 15, 2020 /CNW/ – Tarachi Gold Corp. (CSE: TRG) (“Tarachi” or the “Company“) Tarachi is pleased to announce that the Company has entered into a non-binding letter of intent (the “LOI“) dated October 9 2020 with Manto Resources S.A. de C.V. (“Manto“) pursuant to which the Company may acquire (the “Acquisition“) certain assets related to the Magistral del Oro tailing processing plant (the “MDO Plant“) in Durango, Mexico. The Acquisition is intended to allow Tarachi to potentially enter near term production and generate free cash flow.

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