- Achieve production from 5 operations.
- Earn senior exchange listing.
- Spin-off Tara Mineral Corp.
Tara’s vision is to build a leading low-cost mid-tier metals and mineral producer by acquiring and developing quality projects, with a single overriding objective, to create value for shareholders.
STRATEGY
Tara is in a strong position to acquire high-quality opportunities due to its established office and relationships in Mexico. Tara’s management has proven its ability to recognize value early, gain access and acquire projects on terms that give Tara the ability to assess various options to advance each project.
In some cases, Tara will advance projects by sharing financial risk with mutually beneficial partnerships while retaining a healthy percentage of future cash flow. In other cases, Tara will utilize its own capital to put low-cost, high-yield properties into production, retain 100% interest and leverage the cash flow to acquire additional properties.
OBJECTIVES
Accumulate critical mass of world-class exploration, expansion and production properties through an aggressive acquisition strategy, driven by timely identification of hidden value. Tara has consistently delivered on its objectives in the past and is currently focused on accelerating its successes by accomplishing the following near term goals.
- Increase shareholder value by aggressively growing cash flow, expanding existing drilled resources, and drilling new discoveries.
- Assess production options for the Picacho Gold Mine.
- Expand La Currita Mill to process 7,500 tons/month.
- Bring Lluvia de Oro plant back to production status with a goal of 25,000 ounces per/year and aggressively expand the existing resource through exploration.
- Aggressively expand San Miguel discovery by increasing drilling intensity.
- Advance La Millonaria exploration to drilling stage.
- Spin off Tara Minerals and advance its properties to production.
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