CHICAGO, IL -- (MARKET WIRE) -- 08/16/07 --
Tara Gold Resources Corp. (PINKSHEETS: TRGD)
(FRANKFURT: T8N) is pleased to announce that it has filed its Form 10-QSB
Quarterly Report for period ended March 31, 2006 with the US Securities and
Exchange Commission. Tara earned $975,532 during this period.
The Form 10-QSB can be accessed on Tara Gold Resources website at
www.TaraGoldResources.com, as well as on the SEC's website at www.sec.gov.
Tara Gold continues to aggressively work towards becoming compliant with
its financial reporting and considers this objective its highest priority.
Following the period ended March 31, 2006, Tara acquired a number of
additional properties. New Joint Ventures have been negotiated on most
properties, with the remaining properties seeing potential Joint Venture
interest.
Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "Tara has
a unique business strategy which reduces shareholder risk and results in
several properties being advanced simultaneously by operating partners.
This allows Tara to continue to focus on recognizing and acquiring value
early."
About Tara Gold Resources Corp. Tara Gold Resources Corp. is a growth-oriented precious metals exploration
and development company with existing production plants. It is management's
objective to become a significant gold and precious metals producer by
re-initiating and increasing production levels at La Currita, Lluvia de Oro
and Picacho, and developing the San Miguel, La Millionaria, Pilar De
Mocoribo and Las Minitas projects in Mexico. We continue to acquire other
advanced-stage projects and/or producing mines in one of the most prolific
precious metal districts in the world. For more information, please visit
the Company's web site at: http://www.TaraGoldResources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays
beyond the company's control with respect to market acceptance of new
technologies or products, delays in testing and evaluation of products, and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission.
Contact Tara Gold Resources Corp.:
Website: www.TaraGoldResources.com
Investor Relations: 317-218-0204
Investor Relations Website: www.sfpindy.com
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