Tarachi Gold Corp. announced that diamond drilling at the Tarachi Gold project (the "Project") is proposed to commence before the end of August. Drilling will be conducted by BYLSA Drilling S.A. DE C.V. of Hermosillo, Sonora. The Company plans to complete over 5,000 metres of diamond drilling in the coming months. Tarachi will initially target five prospects with structurally controlled concentrations of high-grade gold. Initial testing will be in close proximity to known mineralization to determine the controls and orientation to the gold zones. The Company will also drill untested targets and down-dip projections to these zones. Tarachi will start the drill campaign at the historic La Dura mine on the Jabali concession where on August 20, 2020 the Company announced channel sample results of 6.34 g/t gold over 62.55 metres. Tarachi has over CAD 10 million to fund the Company's aggressive drilling program with a team of three highly experienced geologists and supporting staff. An exploration camp has been erected in the Tarachi area and stringent Covid-19 protocols have been put in place to ensure the safety of local communities and the team in the field. The Project consists of the San Javier, Pretoria, Chivitas, Jabali, Juliana, Texana and Tarachi concessions for at total of 2,560 hectares in the prolific Mulatos gold belt. The Project is approximately 220 km by air east of the City of Hermosillo, and 300 km south of the border between the United States of America and Mexico. The Jabali claim covers the La Dura historic mine and several other small-scale mines. The gold mineralization and geology at Jabali is believed to be similar in character to the gold mineralization at the Mulatos mine. Alamos Gold Inc., in a 2003 annual report, identifies the Jabali project as being part of the "Los Bajios" mineralized trend which the report suggests has the potential to host another Mulatos size resource. The Tarachi project is an early stage exploration project and the mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property. The Mulatos gold trend is part of the Sierra Madre gold and silver belt that also hosts the operating Mulatos gold mine immediately southeast of the La India property and the Pinos Altos mine and the Creston Mascota deposit 70 kilometres to the southeast. Mineralization occurs within silicified rhyodacite and is associated with vuggy silica alteration, and breccia with iron oxide (hematite and specularite). Native gold occurs along late-stage fracture coatings in the breccias and is locally associated with barite. Past exploration has returned values from trace to 30g/t Au in grab samples. Native gold has also been identified in outcrop on the southern extension of the La Dura mine trend.