Year: 2021

Cameron Tymstra, President and CEO of Tarachi Gold, commented, “This past year was one of foundation building for Tarachi. The Company secured two option agreements totalling 3,708 ha of highly prospective gold claims in the Sierra Madre belt of Sonora, Mexico and signed a letter of intent for the Magistral Mill and tailings with potential to transform the Company into a near term producer of gold.”

The use of proceeds from this financing will be used to primarily fund the Company’s PhD geologist review of the Tenoriba project, fund 3D modelling of combined historical IP-Mag geophysical, surface and drill data, an infill IP/Mag geophysical survey on the 60% of the mineralized area on the project not covered by the historical survey and perform some confirmation mapping and sampling, which Company geologists feel are necessary prior to the selection of drill targets as part of its 50-hole, 7,500 metre drill program.

On January 11th, 2021 Canuc announced the results of a drone-supported magnetic survey conducted over the Company’s claims. The magnetic survey has identified 3 large magnetic anomalies each of which is 600 meters in width and with lengths ranging from 600 meters up to 1,000 meters.

“Management is delighted to see steady improvements with Campo Morado operations as a result of the dedication and hard work of all management and personnel at the mine site”, states Ralph Shearing, President & CEO, “Operations have achieved significant increases in throughput and concentrate production in an environment of increasing metal prices which is positively affecting revenues. Telson is looking forward to an excellent year ahead during 2021 from its Campo Morado mining operations.”

“Equinox Gold had another year of tremendous growth in 2020. We started the year with two producing gold mines and ended the year with seven producing mines, construction underway at an eighth site, and the announcement of our acquisition of Premier Gold Mines.”

“I am pleased to announce that Relief Canyon has achieved commercial production following a challenging 2020,” stated Americas Gold and Silver President & CEO Darren Blasutti.