Tarachi Gold Corp. announced that drill crews have completed the auger drilling program at the Company's wholly owned Magistral Mill and Tailings Project ("Magistral") in Durango, Mexico. The drilling program was part of the resource estimate and Preliminary Economic Assessment ("PEA") being prepared by Ausenco Engineering. A total of 37 holes were completed to depths ranging from 1.3 to 14.5 metres using an auger drill and 70-centimetre-long Shelby sample capture tubes. The samples were logged by the Company's geology team on site and are now en route to a minerals lab in Kamloops, British Columbia. The samples will be assayed and representative composites prepared as part of the metallurgical test work being overseen by Ausenco Engineering. Once received in Kamloops, this test work is expected to take approximately six weeks to complete. The results will provide the information necessary to complete the resource estimate and PEA and determine what, if any, modifications the Company will make to Magistral's flowsheet prior to bringing the facility online in 2022. The delayed start of the tailings drilling is expected to result in a small pushback of the completion of the PEA from the original estimate of end of second quarter to mid-summer.