Second Phase Drilling To Test Surface And Underground
Tarachi Gold Corp.(CSE: TRG) has commenced the second phase of underground drilling at the historic La Dura mine in Mexico.
CEO, Cameron Tymstra, said the success of the 2020 underground drilling programme by Tarachi in holes JAB-20-06/07 demonstrated the potential of the La Dura Zone to continue plunging to the south.
The current programme entails the completion of four HQ diamond drill holes testing the eastern limits of the zone and exploring its continuation to the south.
In addition to the underground drilling at La Dura, a surface RC drill rig will be mobilised to the Jabali mineral concession in mid-March to test the 400m-long area between the La Dura mine and the artisanal workings at Zaragoza.
The priority target in this region is the potential intersection of the main N-S trend with the mineralised Baby Doll zone that appears to trend NE.
“We are looking forward to returning to Jabali with the drill crews to continue exploring around the La Dura mine and to test the 400m-long corridor between La Dura and the Zaragoza workings for the potential to host a mineral resource,” Mr Tymstra said.
“With many of the World’s economic gold deposits occurring around the intersection of structures, we are keen to bring a surface drill rig in to explore around the interpreted intersection of the two mineralized structures on the property.”
The Jabali concession is located 6km west from Alamos Gold’s Mulatos mine, a heap leach operation that has produced over 2Moz of gold since 2005 and still contains an estimated 4Moz of gold in reserves and resources.
Jabali is host to the historic La Dura underground mine where an estimated 100,000t of ore grading 3.0 g/t Au was previously mined.