Tarachi Gold

What Tarachi Gold does

Tarachi Gold Corp. is a publicly-traded junior gold exploration and development company headquartered in Vancouver, British Columbia, listed on the Canadian Securities Exchange (CSE: TRG) with secondary listings on the Frankfurt Stock Exchange (FRA: 4RZ) and the OTCQB (TRGGF). The company's core business is acquiring, exploring, and developing precious metal mineral concessions, historically concentrated in Mexico through the Magistral project, which has now been divested for cash. Following the Magistral sale and the November 2024 termination of a proposed acquisition of Prospector Portal Inc., Tarachi has stated its intent to pursue new precious metal opportunities across North America. The company operates with a small team of 1-10 employees and has a basic market capitalization of approximately C$3.0M on 119.2M shares outstanding.

The business model is asset-disposition driven rather than revenue-recurring: exploration-stage mineral properties are advanced and then sold directly to larger mining companies or via M&A transactions. The stated revenue model is classified as a one-time license / asset sale, with pricing not applicable to the core operating model. Capital is raised through small private placements of units (common shares plus warrants); documented raises include approximately C$500,000 in December 2022 (directed at Magistral) and an earlier 2022 round of approximately C$3.3M with Ausenco involvement. The company has no proprietary software, no AI/ML capability, no API, and no recurring customer base, and relies on conventional mineral exploration methods. Go-to-market is sales-led, supported by investor relations channels including press releases, downloadable investor presentations, video media, and an email subscription list.

Name

Tarachi Gold

Legal name

Tarachi Gold Corp.

Website

https://tarachigold.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Tarachi Gold Corp. is a publicly-traded junior gold exploration company (CSE: TRG) headquartered in Vancouver that acquires, explores, and divests precious metal mineral concessions, historically in Mexico, and is now seeking new North American opportunities.

Ownership category

akta.pro rank

Product category

Gold Mining and Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold exploration services
• Precious metals development
• Mineral concession acquisition
• Junior mining projects
• Gold resource exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Mineral Asset Sales: Revenue generated from the sale of exploration projects and mineral concessions. The company recently sold the Magistral project in Mexico for cash.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Tarachi Gold Corp. is a Canadian-listed junior gold exploration and development company that acquires, explores, and develops precious metal mineral properties in North America. Following the recent cash sale of the Magistral project in Mexico, the company is focused on identifying and acquiring new precious metal opportunities, with mineral concessions ultimately sold or transacted to larger mining companies or commodity counterparties.

Product overview

Tarachi Gold Corp. is a single-focus gold exploration and development company. The company operates as a unified offering, conducting precious metal exploration and development activities in North America. Previously, the company held the Magistral project in Mexico, which was recently sold for cash, with proceeds supporting further acquisition of precious metal opportunities in North America.

Differentiator

Problem solved

Functional benefit

Products and services

• Gold Exploration and Development Services Acquisition, exploration, and development of gold and precious metal mineral properties in North America for subsequent sale or transaction to larger mining companies. The service is directed at enterprise mining counterparties and at public market investors seeking exposure to precious metal exploration upside.
• Mineral Concession and Exploration Project Sales Direct sale or transaction of mineral concessions and exploration-stage projects to larger mining companies or commodity counterparties, generating one-time licensing/asset-sale revenue. The Magistral project divestiture in Mexico is the most recent example.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Prospector Portal Inc.minorStrategic or Co-development Partner · 6 August 2024Tarachi signed a Letter of Intent (LOI) in August 2024 for a transformative acquisition of Prospector Portal Inc. However, on November 19, 2024, both parties decided not to pursue the transaction, and Tarachi returned focus to precious metals opportunities.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• GoldMining Inc. Canadian-listed junior gold acquisition and development company with a portfolio of gold and gold-copper projects across the Americas. Highly comparable to Tarachi as a publicly traded, acquisition-focused gold platform without producing mines.
• Newcore Gold: Canadian junior gold exploration company advancing the Enchi Gold Project in Ghana. Directly comparable as a small-cap, single-commodity gold developer with a public listing and active exploration program.
• Probe Gold: Canadian gold exploration and development company focused on the Val-d'Or district in Quebec. Comparable as a TSX/CSE-listed junior developer pursuing district-scale gold assets in North America.
• Magellan Gold Corp. U.S.-listed junior gold and silver exploration company focused on acquiring and developing precious metal projects. Closely mirrors Tarachi's strategy of acquiring and advancing small precious metal assets in North America.
• Heliostar Metals Ltd. Junior gold developer advancing the Ana Paula project in Mexico and Unga project in Alaska. Comparable in scale and as a precious-metals-focused explorer/developer with North American assets.
• Condor Gold plc: AIM-listed gold exploration and development company advancing the La India project in Nicaragua. Comparable as a single-asset gold developer targeting project monetization and sale.
• Azimut Exploration Inc. Canadian-listed mineral exploration company focused on gold and copper projects in Quebec. Comparable as a junior exploration platform generating and divesting exploration-stage assets.
• Treasury Metals Inc. Canadian-listed gold development company advancing the Goliath Gold Complex in Ontario. Comparable as a small-cap Canadian gold developer focused on advancing a single North American asset toward production or sale.

Broad incumbents

• SilverCrest Metals Inc. Larger precious metals producer/developer with the Las Chispas mine in Mexico. Comparable end-market exposure (gold/silver in Mexico and North America), though significantly larger and at a more advanced development stage than Tarachi.
• Agnico Eagle Mines Limited: Major Canadian gold producer with operations across Canada, Mexico and Finland. Relevant as a potential acquirer of junior assets like Tarachi's and as a benchmark for the broader North American gold value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/tarachigoldcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tarachi Gold