- Don Roman producing Silver/Lead/Zinc.
- Equity holding in several mining companies.
Tara provides investors growth exposure with a diversified exploration portfolio, multiple multi-million ounce targets and several near term production scenarios. Tara Gold is currently focused on generating revenue from the Don Roman and Lourdes project owned 100% by the subsidiary Tara Minerals Corp.
Tara Gold is also positioned to benefit from production start-up at Lluvia de Oro, from the future advancement of Las Minitas and the monetization of its equity interests. A summary of all projcets is provided below.
- Assessing advancement options.
- Mineralization structure exposed on surface (1 km).
- Surface samples returned 5 g/t gold and 600 g/t silver.
- High grade zinc, lead and silver property owned 100% by Tara Minerals Corp.
- Currently producing silver/zinc/lead and residual gold.
- Production from a gold/silver vein is planned for 2011.
- Tara Gold owns a mojority interest in Tara Minerals.
INVESTMENTS
Paramount Gold and Silver Corp. – Santa Cruz sale
- Monetized PZG holdings from San Miguel sale.
- Tara will earn 350,000 PZG shares upon trasfer of Santa Cruz.
- PZG has interest in the Vidette Lake Gold Mine located in British Columbia, Canada.
- Visit http://www.paramountgold.com for additional details.
La Camera Mining Inc. – Equity position from previous partnership
- Private company exploring Morelos project adjacent to Goldcorp in Mexico.
- 43-101 report has been completed.
- La Camera is looking to monetize its project.
NWM Mining Corporation – Equity position from previous partnership
- Tara Gold owns 2.5 million shares.
- Tara may earn an additonal 2.5 million shares upon production target being reached.
- Progressing towards Gold/Silver/Copper production.
EXPLORATION
Picacho Gold Mine – Retain under Tara Minerals' subsidiary Adit Resources
- Formerly producing mine with processing facility currently capable of producing 250 tonnes/day.
- Ore grades averaging 5 g/t gold and 15 g/t silver over a 1 km, 6 m wide vein.
- Drilling expected in 2010.
- Early exploration with several targets identified.
- Currently assessing options for advancement.