CHICAGO, IL -- (MARKET WIRE) -- 05/09/07 -- Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce that it has added additional concessions adjoining to the Las Minitas Property portfolio. Tara Gold now acquired and paid for a 100% interest in 3 new concessions totaling approximately 6,449 hectares, which increases the total contiguous land position to approximately 7,275 hectares . Las Minitas lies at the western edge of the province known as the Sierra Madre Occidental gold-silver belt where a number of successful gold/silver exploration projects are ongoing.
The National Instrument 43-101 Qualifying Property Report, delivered to Tara by Michael Sandidge, P. Geo., a qualified person, as defined under National Instrument 43-101, recommends that additional work should be undertaken to increase the level of knowledge of mineralization at Las Minitas.
Mr. Francis Biscan Jr., President of Tara Gold Resources stated, "We now have 100% control of a larger prospect that has seen some historical success. Las Minitas requires systematic exploration to better determine its potential. We will consider all of our options to confirm historical results and test a number of targets found on the property."
Cautionary Note
The tonnages, grades, assays, drill intercepts, production figures and other technical data, with the property report, are taken from historical records prior to the implementation of NI 43-101. While the data is believed to have been acquired, processed and disclosed by persons believed to be technically competent, it is unverifiable at present. The data source for the Las Minitas property is largely the 1995 Report by D.B. Peterson. Tara Gold is not treating the historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and the historical estimate should not be relied upon.
About Michael H. Sandidge, P.Geo.
Michael Sandidge is a qualified person, as defined under National Instrument 43-101. He has a Masters degree in Geological Sciences from the University of Texas at El Paso and has participated in seventeen professional publications and presentations before scientific societies focusing on tectonics, structural geology, metallogenesis, and paleontology. He also has extensive experience in Mexico and is familiar with historical and current work in the region. Michael does not have any relationship with Tara Gold or its affiliates.
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
E-mail: president@taragoldresources.com
Investor Relations:
317-218-0204
Investor Relations Website: www.sfpindy.com
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