Taura Gold

Taura Gold Inc. is a gold exploration and development company focused on advancing its wholly-owned Mercur Gold Project located in Utah, United States. Located within the historical Camp Floyd mining district in the southern part of the highly mineralized Oquirrh Mountains, the company's Mercur Gold Project has inferred mineral resource prepared in accordance with NI 43-101 totals 92 million tonnes at 0.56 g/t gold containing approximately 1.7 million ounces. There is exploration upside potential to grow the resource along strike and at depth in the underexplored Carlin-type gold system.

The project benefits from excellent infrastructure including paved road access, availability of grid power and potential to access water from existing wells. Taura Gold also has permitting advantages with an active Mercur mine permit allowing for streamlined development.

Taura Gold is targeting completion of a Preliminary Economic Assessment in 2024 to outline a path towards restarting the formerly producing Mercur mine with continued exploration drilling and metallurgical test work planned to optimize the current inferred resource estimates at Main and South Mercur.