The Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") announces that it has signed a non-binding letter of intent ("LOI") dated August 2, 2024 with Prospector Portal Inc. ("Prospector") whereby Tarachi would acquire all of the outstanding shares of Prospector in a transaction (the "Transaction") that would transform Tarachi into an artificial intelligence-focused mining services company.