The Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") board and management team have decided, after a thorough review of mineral concessions currently being optioned from Minerales de Tarachi S. de R.L. de C.V. ("Minerales") and Exploradora Cobre de Bacanora S. de R.L. de C.V. ("Exploradora"), to discontinue the option agreements for the properties located in Sonora, Mexico.