Tarachi Gold : ESTMA ANNUAL REPORT

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name			TARACHI GOLD CORP.
Reporting Year	From	8/01/21	To:	7/31/22	Date submitted	2/13/23
Reporting Entity ESTMA Identification Number	E174277		Original Submission
	Amended Report
Other Subsidiaries Included				None
(optional field)
For Consolidated Reports - Subsidiary			Tarachi Gold S.A. DE C.V. (E123584)
Reporting Entities Included in Report:			TGMEX Silver S.A. De C.V. (E952171)

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity	Mahesh Liyanage	Date	2/13/23
Position Title	Chief Financial Officer

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year	From:	8/01/21	To:	7/31/22
Reporting Entity Name			TARACHI GOLD CORP.	Currency of the Report	CAD
Reporting Entity ESTMA			E174277
Identification Number
Subsidiary Reporting Entities (if			Tarachi Gold S.A. DE C.V. (E123584)
necessary)			TGMEX Silver S.A. De C.V. (E952171)

Payments by Payee

		Departments, Agency, etc…							Infrastructure	Total Amount paid to
Country	Payee Name1	within Payee that Received	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends
Improvement Payments	Payee
		Payments2
Mexico	Ejido El Magistral					329,907				329,907
Mexico	Government of Mexico					35,097				35,097

Notes34

Ejido payment - amount paid in Mexican pesos 5,295,458 and translated into CAD at an average rate for the fiscal year of 16.0514 Mexican pesos to $1 Canadian Dollars

Mining rights - amounts paid in Mexican pesos 73,226 and translated into CAD at an average rate for the fiscal year of 16.0514 Mexican pesos to $1 Canadian Dollars to Tax Administration Service (Servicio de Administracion Tributaria - SAT)

Additional Notes:

Reporting Year Reporting Entity Name Reporting Entity ESTMA Identification Number Subsidiary Reporting Entities (if necessary)

Country

Mexico

Mexico

Extractive Sector Transparency Measures Act - Annual Report

From:	8/01/21	To:	7/31/22
		TARACHI GOLD CORP.			Currency of the Report	CAD
		E174277
		Tarachi Gold S.A. DE C.V. (E123584)
		TGMEX Silver S.A. De C.V. (E952171)
				Payments by Project
Project Name1	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure	Total Amount paid by
Improvement Payments	Project
Magistral del Oro			329,907					329,907
(El Magistral)

Tarachi

35,097

35,097

Notes23

Ejido payment - amount paid in Mexican pesos 5,295,458 and translated into CAD at an average rate for the fiscal year of 16.0514 Mexican pesos to $1 Canadian Dollars

Mining rights - amounts paid in Mexican pesos 73,226 and translated into CAD at an average rate for the fiscal year of 16.0514 Mexican pesos to $1 Canadian Dollars

Additional Notes3: