Tarachi Appoints Michael Konnert as Chairman and Cameron Tymstra as CEO

TARACHI GOLD CORP.

(CSE: TRG)

FOR IMMEDIATE RELEASE December 2, 2020

TARACHI APPOINTS MICHAEL KONNERT AS CHAIRMAN AND

CAMERON TYMSTRA AS CEO

Vancouver, British Columbia (December 2, 2020) – Tarachi Gold Corp. (CSE: TRG)

(PINK: TRGGF) (Frankfurt: 4RZ) (“Tarachi” or the “Company”) is pleased to appoint

Michael Konnert as Chairman of the Board and Cameron Tymstra to the role of President and Chief

Executive Officer. Lorne Warner will move to VP of Exploration for Tarachi. The Company thanks

Lorne for his contributions.

Newly appointed Chairman, Michael Konnert commented “I am very pleased to take on the role of

Chairman of Tarachi Gold Corp. Tarachi has shown itself to be a rapidly growing Company, with new

high-grade discoveries in the Mulattos camp o f Sonora, Mexico as well as its move into near -term

production with the acquisition of the Magistral del Oro tailings facilities in Durango. I am pleased to

help Tarachi achieve its vision of creating a near-term significant producer of gold in Mexico. I am very

pleased to have Cameron Tymstra join the Company as CEO. Cameron brings experience operating in

Latin America and the mining of tailings deposits. His background in engineering and management gives

him the expertise needed to navigate the Company. I also would like to thank Lorne Warner for his expert

contributions to Tarachi and his guidance so far. We are excited to have him take on the role of VP of

Exploration.”

Mr. Konnert is a mining entrepreneur experienced in deal-making, financing, and corporate strategy. His

primary focus is Founder and CEO of Vizsla Resources Corp. (TSX-V:VZLA) where the Company has

consolidated and is developing one of Mexico’s highest-grade silver and gold districts. He is co-founder

and Managing Partner of Inventa Capital, a mining focused merchant bank and incubator with companies

around the world. Previously, Mr. Konnert co-founded CobaltOne Energy Corp, a cobalt exploration

company, which he led as CEO and sold to Blackstone Minerals (ASX: BSX) in 2017. Mr. Konnert is an

advisor to several companies, and a board member of Summa Silver (CSE: SSVR).

Mr. Tymstra has hands-on professional experiences spanning the develo pment spectrum of mining

projects in Canada, the U.S. and Latin America. He was recently Chief Operations Officer of Latin

American Minerals, overseeing the company’s gold exploration and development projects in Paraguay.

His experiences also include gold exploration in Colombia and Canada as well as large-scale tailings

mining operations. Mr. Tymstra has a degree in Mining Engineering from the University of Toronto,

completed a Master’s in Mining Management from the South Dakota School of Mines and is pursuing a

CFA charter.

Cameron Tymstra commented: “I am thrilled to be joining the management team at Tarachi. Lorne and

the Inventa Capital group have worked hard to assemble an exciting portfolio of gold assets in Mexico.

The prospect of near-term production from the Company’s Magistral tailings project really elevates

Tarachi above many of its junior gold sector peers. I look forward to working with the team in

constructing a prudent and aggressive development strategy for the Company's assets and executing on

that strategy in the New Year.”

Lorne Warner has moved from President and CEO to Vice President of Exploration. The Company would

like to acknowledge the hard work and great leadership that Lorne has provided Tarachi so far. He will

continue to serve the Company with his expertise in finding gold in established producing districts. Mr.

Warner graduated from the University of Alberta in 1986 with a BSc in Geology. Mr. Warner is a

registered professional geologist in B.C, NWT, and Nunavut with over 30 years experience in mineral

exploration, underground and open pit mining with Noranda Exploration and Placer Dome Inc. His career

started in mineral exploration in British Columbia but has now worked throughout the Americas, Africa,

Asia and Australia. As the vice president of several junior mining companies his team discovered the

western extension of the Detour Lake gold deposit, now in production in Ontario. As well, the Falea

North Zone - Uranium, Silver, Copper Deposit, and the Fatou Main Gold Deposit in Mali.

Contact Information: For more information and to sign-up to the mailing list, please contact:

Richard Graham Corporate Communications

Tel: (604) 358-3403

Email: [email protected]