CHICAGO, IL -- (MARKET WIRE) -- 02/15/08 -- Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce assay results from sampling of veins and breccias in the previously untested Guadalupe de Los Reyes area in its San Miguel project, in the Guazapares Mining District, Mexico.

The San Miguel project is a joint venture between Tara Gold Resources Corp. (30%) and Paramount Gold Mining Corp. (70%). Paramount is the operator of the exploration program and provided this update.

The Guadalupe de Los Reyes area is inside the large rhyodacite dome complex that is exposed between the San Miguel and Montecristo Zones. The higher precious metals grades are associated with northeast and northwest trending fault zones, which is consistent with our project exploration model. In this area, gold and silver occur in quartz veins and hydrothermal breccias along the faults, as well as in adjacent quartz veinlet stockworks and breccias. The principal structure is exposed for approximately 100 meters along strike, and appears to continue under cover to the northeast. The Guadalupe de Los Reyes mine is found on this principal structure, and is the site of historic, small-scale, high-grade gold production.

Sampling and geologic mapping are ongoing, tracing these and parallel structures along strike, with the goal of defining drilling targets. These results are particularly exciting because they indicate that this is a gold dominant part of the system with excellent gold grades and high gold-to-silver ratios. As noted in the table below, the mineralization exposed on the surface is several meters wide with gold grades in the range of 3.7 to 6.6 g/t. Underground sampling of accessible portions of the old Guadalupe de Los Reyes mine, down to a depth of 20 meters from the surface, included intervals with gold grades of up to 20.7 g/t.

Highlights of the assay results from Guadalupe de Los Reyes concession:

                                   Surface samples:

               Width (m)               Au (g/t)                Ag (g/t)

                 5.8                      3.69                     35
                 5.4                      6.64                     10

                   Underground samples (Guadalupe de Los Reyes Mine):

                 1.0                      20.70                    30.0
                 1.0                      18.45                    64.0
                 1.8                      11.05                    34.0

Paramount has commented that, "These analytical results confirm the presence of excellent gold grades across mineable widths in surface and near-surface exposures within the dacite dome complex. They also seem to be pointing us in the direction of a gold-dominant part of the system. These results further advance our objective of discovering and developing more gold rich, high-grade bodies, such as the ones in the San Miguel and San Luis Zones."

Quality Control

Samples were collected by Paramount from surface exposures and from shallow older artisanal workings. They are channel samples rather than selected high grades specimens. As part of quality assurance, quality control (QA/QC), Paramount has put into place a detailed program of periodically introducing certified standards, blanks and duplicates into the sample stream.

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, Las Minitas and Curcurpe 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
Francis R Biscan Jr
Phone: 630-462-2079
E-mail: president@taragoldresources.com