• Tara Gold is currently assessing exploration options.

The Las Minitas Property is located in Sonora, Mexico, approximately 40 air kilometers northwest of the town of Alamos. The property 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.

Historical information regarding Las Minitas indicates three mineralized zones of interest that contain a total potential of 22 million tons of ore grading 20 oz/t silver and 0.08 oz/t gold. Metallurgical testing indicates that recoveries of 90% for both silver and gold may be achievable by cyanidation alone.

All resource estimates for the property are historical in nature, as they are based on work completed prior to the implementation of NI 43-101 (2001), and therefore are not being relied upon. The operator will focus its initial efforts on the validation of the previous exploration.

The property report recommends that additional work should be undertaken to increase the level of knowledge of mineralization at Las Minitas and to advance the known mineralization from the previous drilling program to a level of confidence compliant to the definition of "Measured Mineral Resource", according to CIM. The report recommends geological mapping, geochemical surveys, surface sampling, and in-fill drilling.