Tara Gold Press Releases

Tara Minerals Announces Production Decision From Its San Felipe Gold & Silver Project

Tue, 23 Feb 2010 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 02/23/10 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce the decision to advance the San Felipe Gold & Silver structure into production. Tara has commenced a mine development plan and is enhancing the current mill design to incorporate the production of Gold and Silver concentrates.

To date, approximately 800 tonnes of material has been mined from San Felipe. Based on metal recovery test work performed on some of this material, the company has decided to modify its Phase One development plan to include production from the San Felipe structure.

The Don Roman mill is currently processing Silver, Zinc, and Lead at the rate of 240 tonnes per day. This production rate will be expanded to 360 tonnes per day by commissioning into operation the installed third circuit. Originally, the completion of Phase One called for installing a fourth 120 tonne per day circuit for processing additional Silver, Zinc, and Lead. Under the enhanced plan, a stand-alone circuit capable of processing 300 tonnes per day of Gold and Silver material will instead be installed. Once Phase One is completed, total plant production capacity will be 660 tonnes per day.

The mine and mill design engineering work, and estimation of project costs, has been initiated. The mine design includes developing the capability to produce a minimum of 300 tonnes per day from three levels. The expansion projects are anticipated to begin April 1, 2010 and completed within nine months. Processing and sale of the Silver, Zinc, and Lead concentrate will continue through this expansion.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "With the strong economics of the San Felipe Gold and Silver vein and the strategic location of this structure to our existing plant, we expect to achieve an expeditious return on investment. With the development of San Felipe, we will add to the diversity of metals produced, add substantial cash flow beyond our original expectations, and give our shareholders leverage to the Gold price."

San Felipe is a Gold and Silver quartz vein located 1.5 km southeast of the Don Roman mine and mill. Recent channel samples returned an average grade of 10.06 grams per tonne Gold and 149.85 grams per tonne Silver. The structure has a known strike length of approximately 850 meters and an exposed vertical height of approximately 400 meters. The vein remains open both along strike and at depth.

About Tara Minerals Corp.

Tara Minerals Corp. is generating cash from the sale of Silver, Zinc, and Lead concentrate from its producing Don Roman mine and mill, located in Choix, Mexico. Management is focused on creating long-term shareholder value as this capital is deployed to increase throughput, enhance resources, further outline new discoveries/targets, and acquire additional strategic assets. Tara's strength in recognizing value early and strategy of reducing risk through a foundation of cash flow, positions it for low-risk value creation.

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.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Announces Additional Results From New Vein - 919 g/t Silver, 29.65% Zinc, and 14.1% Lead

Tue, 26 Jan 2010 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 01/26/10 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce additional results from the new Silver, Zinc, and Lead vein discovery at its flagship Don Roman mine in Mexico. Channel samples across an additional 2 meters of the exposed portion of the vein returned 919 grams per tonne Silver, 29.65% Zinc, and 14.1% Lead.

To date, more than 8 meters of the vein width has been exposed (see news release dated January 21, 2010) with work ongoing to identify the hanging wall and footwall edges. Tara Minerals continues to drift towards the new vein structure from existing mine tunnels with the goal of adding this material into the current mining plan.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "Results to date are extremely encouraging and efforts to identify the hanging wall and footwall edges are continuing. Results of these ongoing efforts will be announced at the appropriate time."

About Tara Minerals Corp.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Discovers New Vein Grading 622 g/t Silver, 26.02% Zinc, and 9.56% Lead

Thu, 21 Jan 2010 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 01/21/10 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce that a new area of mineralization has been discovered at its flagship Don Roman mine in Mexico. The new exposed area is located 10 meters to the right of Don Roman Portal #1. Channel samples across the exposed portion of the vein returned 622 grams per tonne Silver, 26.02% Zinc, and 9.56% Lead.

The new structure was discovered while cutting a new road that was intending to give ore production access to Portal #1. To date, more than 8 meters of the vein width has been exposed, with 5 meters being represented by the above assay results. Work is ongoing to identify the hanging wall and footwall edges, but the structure appears to be vertical in nature with a 55-60 degree angle. Tara Minerals is also currently drifting towards the new vein structure from existing mine tunnels. Further assays are pending and will be announced at the appropriate time.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "Don Roman continues to produce significant surprises that enhance the overall value of our project. Further delineation of this new structure will continue, with the goal of adding this material into the current mining plan as soon as possible."

About Tara Minerals Corp.

Website: www.TaraMinerals.com

Contact:
Francis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Starts Shipping Silver, Zinc, and Lead Concentrate to Glencore

Tue, 19 Jan 2010 09:15:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 01/19/10 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce that it has started shipping Silver/Lead and Zinc concentrate to Glencore International.

The Don Roman mill has now increased throughput levels and is currently operating at the rate of 240 tonnes per day. The quality and grade of concentrate continues to increase with continued optimization of the mill.

Additionally, exploration efforts have resulted in the discovery of a new Silver, Zinc, and Lead structure. Efforts to determine the width of the structure are continuing. Channel samples have been collected with results expected shortly.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "Tara Minerals has reached a key milestone in its business strategy; the commencement of cash flow. We now have the opportunity to aggressively build shareholder value by continuing the expansion of mill production levels to 480 tonnes per day by Q2 2010."

Tara Minerals has an agreement to sell all of its Silver/Lead and Zinc Don Roman concentrate to Metagri S.A. de C.V., a local Mexican subsidiary of Glencore International AG. The agreement includes payment of 85% of the final Zinc content and 95% of the final Lead content, minus applicable quality, shipping and processing costs and also payment for gold and silver content within the concentrate. The agreement is for a five year term with an extension clause.

About Tara Minerals Corp.

Tara Minerals Corp. has positioned itself to generate cash from the sale of Silver, Zinc, and Lead concentrate from its producing Don Roman mine and mill, located in Choix, Mexico. Management is focused on creating long-term shareholder value as this capital is deployed to increase throughput, enhance resources, further outline new discoveries/targets, and acquire additional strategic assets. Tara's strength in recognizing value early and strategy of reducing risk through a foundation of cash flow, positions it for low-risk value creation.

Website: www.TaraMinerals.com

Francis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Provides Corporate Update

Fri, 15 Jan 2010 09:15:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 01/15/10 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to provide the following corporate update as it nears a key corporate milestone -- cash flow from Silver, Zinc, and Lead production.

Don Roman and Lourdes -- Mine and Mill

Tara Minerals is currently producing silver, zinc, and lead concentrate from its 100% owned Don Roman project. Past and current results indicate average grades of 309 grams per tonne silver, 9% zinc, and 3% lead. The mill is operating at 240 tonnes per day and this is expected to increase to 480 tonnes per day by Q2 2010. Concentrate revenue per tonne, after operating costs, is estimated at $200+ per tonne. Tara has secured a long-term sales agreement with Glencore International for the purchase of its lead/silver and zinc concentrate.

San Felipe -- New Gold and Silver Discovery

A significant gold and silver quartz vein has been discovered 1.5 kms southeast of the Don Roman mine and mill. Recent channel samples returned an average grade of 10.06 grams per tonne gold and 149.85 grams per tonne silver. The structure has a known strike length of approximately 850 meters and an exposed vertical height of approximately 400 meters. The vein remains open both along strike and at depth. Mine development, from 3 levels, has already begun with approximately 550 tonnes mined. An underground drill program is planned.

Adit Resources Corp. -- Picacho Gold and Silver Property

Tara Minerals owns 90% of Adit Resources Corp., a private subsidiary with the right to acquire a 100% interest in Picacho. Targets at Picacho consist of four multi-stage gold and silver bearing veins and breccias totaling over 8 1/2 kilometers. Drilling along a 12 meters thick, 150 meters wide ore-shoot, intercepted 11.28 meters grading 15.57 grams per tonne gold and 32.4 grams per tonne silver. Adit has raised $1.2 million to date to aggressively advance this property. A drill program is planned for Q2 2010.

Other Don Roman Structures

A series of parallel mineralized structures, traced for more than 300 meters, have been identified south of the Don Roman silver, zinc, and lead mine. Surface samples returned 15% zinc, 25.2% lead, and 44 grams per tonne to 1,111 grames per tonne silver. Additional mapping and sampling is planned.

Centenario

Centenario is comprised of eight concessions totaling 5,400 hectares. It is adjacent to Don Roman and contains two gold/copper systems (17 g/t gold, 7% copper and 350 g/t silver), two lead/zinc/silver systems (8% lead, 9% zinc and 400 g/t silver), and indications of an iron ore system (67% iron ore, 6 g/t gold and 4% copper). Additional mapping and sampling is planned.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "Tara Minerals has outperformed in a tough environment. We completed the Don Roman mine and mill without incurring obligatory debt, improved corporate and shareholder liquidity, and strengthened the portfolio with the addition of Centenario and Picacho (under Adit). The company is now positioned with a strong foundation of solid cash flow and earnings growth."

About Tara Minerals Corp.

Tara Minerals is focused on generating revenue from the Don Roman and Lourdes gold, silver, zinc, and lead mine and mill located in Choix, Mexico. Tara Minerals Corp. is a US-based growth-orientated resource company engaged in the search, acquisition, exploration and development of high-quality non-precious & precious metals and minerals projects with potential for economic commercial value.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Announces 10 g/t Gold and 150 g/t Silver From San Felipe Vein

Thu, 10 Dec 2009 09:48:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 12/10/09 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce that independent assays of 10 channel samples from the new San Felipe gold/silver vein returned an average grade of 10.06 grams per tonne gold and 149.85 grams per tonne silver. The San Felipe structure, which hosts the gold-bearing quartz vein, has a known strike length of approximately 850 meters and an exposed vertical height of approximately 400 meters. The vein remains open both along strike and at depth.

A decision has been made to aggressively pursue the development of the San Felipe structure by developing production from 3 levels. Roads from the mine site to the mill are being upgraded in order to give proper access to all 3 levels. Mine development has already begun with approximately 550 tonnes mined, to date, from the San Felipe workings. A drill program has been planned and bids to drill San Felipe and the Don Roman structures are being accepted and reviewed.

Initial profitability projections for the mining, processing and sale of the gold/silver concentrate, based on continued production of ore grade material with grade similar to that in the channel samples, could exceed that of the zinc/lead/silver concentrate. The mill is currently processing the Don Roman zinc/lead/silver ore at a rate of 120 tonnes per day with the ability to now process 240 tonnes per day, once recoveries have been optimized. Work continues towards the goal of enhancing the plant and reaching our final processing capacity of 450 tonnes per day.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "The San Felipe vein continues to provide positive results, which serve to further enhance the projects potential. We will now continue to mine and stock pile gold/silver ore grade material in order to perform a test production run of a minimum of 1,000 tonnes. Additionally, the drilling program has been designed to establish the continuity of these gold and silver grades along strike and down dip."

The qualified person who has reviewed this news release is Dana C. Durgin, M. Sc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886).

About Tara Minerals Corp.

Tara Minerals is focused on generating revenue from the Don Roman and Lourdes gold, lead, zinc, and silver mine and mill located in Choix, Mexico. Tara Minerals Corp. is a US-based growth-orientated resource company engaged in the search, acquisition, exploration and development of high-quality non-precious & precious metals and minerals projects with potential for economic commercial value.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Gold Exchanges Its Lluvia de Oro Interest for Cash and Equity

Tue, 08 Dec 2009 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 12/08/09 -- Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) announces that it has exchanged its 20% Net Cash Flow interest (NCF) in the Lluvia de Oro mining property, located in Sonora, Mexico, for cash and NWM Mining Corporation equity. By eliminating the NCF, NWM is better positioned to secure the resources needed to begin full scale commercial production. NWM has invested a total of CAD $22.5 million into the project and expects to begin commercial gold and copper production in 2010.

Tara has exchanged the NCF for US $200,000 upon signing, 2,500,000 shares of NWM to be issued January 2, 2010 and an additional 2,500,000 shares of NWM to be issued upon NWM producing and selling 3,750 ounces of gold over a 3 month period.

NWM has combined two distinct gold deposits which can be served simultaneously by a central processing facility. The two deposits are the past-producing Lluvia de Oro gold mine and the nearby La Jojoba gold resource. The combined properties currently host 315,210 ounces of Measured and Indicated gold resources and 253,373 ounces of Inferred gold resources. In addition, NWM holds exploration rights to 5,074 contiguous hectares of ground surrounding and along trend of the deposits. The Company's other properties include the Sierra Pinta high-grade past-producing underground gold mine located approximately 25 km northwest of La Herradura, Mexico's largest producing gold mine and the PII Colorado exploration project located 6 km southwest of the historic Llano Colorado gold camp.

Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "This exchange is good for both Tara and NWM shareholders as it moves the project towards commercial production. In place of a 20% interest in just the Lluvia project, we now have an interest in a district level gold development project and NWM's other properties in Sonora State, North West Mexico."

Tara Gold Resources signed an agreement, dated September 12, 2006, with NWM Mining Corporation (formerly known as Columbia Metals Corporation), whereby NWM Mining acquired 100% interest, subject to Tara's ongoing 20% Net Cash Flow interest, by making payments totaling $4,337,500, and issuing 1,000,000 shares to Tara Gold.

About Tara Gold Resources Corp.

Tara Gold is focused on generating revenue from the Don Roman and Lourdes project owned 100% by its subsidiary Tara Minerals Corp. The principal business of Tara Gold Resources Corp. is the acquisition, exploration and development of high-quality precious metals projects with potential for economic commercial value. For more information, please visit the Company's web site at: http://www.TaraGoldResources.com.

Website: www.TaraGoldResources.com

Francis Biscan Jr.
Phone: (630) 462-2079
E-mail: Email Contact

Tara Minerals Reaches Agreement to Sell Concentrate to Glencore

Mon, 07 Dec 2009 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 12/07/09 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce that the Company has reached an agreement to sell all of its zinc and lead Don Roman concentrate to Metagri S.A. de C.V., a local Mexican subsidiary of Glencore International AG. The agreement includes payment of 85% of the final zinc content and 95% of the final lead content, minus applicable quality, shipping and processing costs and also payment for gold and silver content within the concentrate. The agreement is for a five year term with an extension clause.

Metagri / Glencore has also agreed to provide technical assistance from its worldwide mining and metallurgical operations towards increasing and optimizing production levels at the Don Roman mine and mill. The Glencore technical team has already visited the plant on a couple of occasions and has proven to be a valuable resource. The technical support will also be available to assist with other business development opportunities between Tara and Metagri/ Glencore.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "Glencore has international reach and a wealth of technical knowledge. While forming the relationship, they have consistently expressed an attitude of partnership aimed at developing a successful and profitable project for our company and a consistent quality product for them. We look forward to working with Metagri / Glencore on an on-going basis. We have been stockpiling processed concentrate and shipments to Metagri will begin immediately."

About Tara Minerals Corp.

About Glencore International AG

The Glencore Group of Companies ("Glencore") is one of the world's largest suppliers of commodities and raw materials to industrial consumers. Glencore, founded in 1974, is a privately held Group owned by its management and employees. Headquartered in Baar, Switzerland, Glencore employs over 2,000 people in its global marketing operations in some 50 offices in over 40 countries. In its industrial operations, Glencore employs over 50,000 people at 16 plants in 13 countries.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals Subsidiary Adit Resources Commences Picacho Field Work

Tue, 01 Dec 2009 09:00:00 -0500

CHICAGO, IL -- (MARKET WIRE) -- 12/01/09 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce the start of field reconnaissance and surveying at Adit's Picacho project. Drill permits are expected to be submitted in December with drilling planned for February. Adit Resources Corp., a subsidiary of Tara Minerals Corp., has raised approximately US $1.1 million to date and has opened an office in Bacoachi.

Targets at Picacho consist of four multi-stage gold and silver bearing veins and breccias totaling over 8 1/2 kilometers. The 1 1/2 kilometer long Picacho Vein had past production (early 1900s) of high grade gold and more recently as smelter flux with 3-5 grams per tonne gold credits. Fourteen core holes were drilled during 2007. Highlights are summarized below.

                                  Interval   True Width   Gold     Silver
Hole #           From (m) To (m)     (m)        (m)       (gpt)     (gpt)
                 -------- ------- ---------- ---------- --------- ---------
7-01                80.50   85.50       5.00       4.33     12.81      27.8
                 -------- ------- ---------- ---------- --------- ---------
7-02               133.65  145.30      11.65       9.43      7.80      20.1
                 -------- ------- ---------- ---------- --------- ---------
7-07                164.5  183.50      19.00      17.28      0.84       1.2
                 -------- ------- ---------- ---------- --------- ---------
7-10               151.85  155.35       3.50       3.17      4.58      24.2
                 -------- ------- ---------- ---------- --------- ---------
7-13               127.95  142.45      14.50      11.28     15.57      32.4
                 -------- ------- ---------- ---------- --------- ---------
7-14               166.90  172.30       5.40       3.45      6.99      99.1
                 -------- ------- ---------- ---------- --------- ---------
  Note: m=meters (3.28 feet) and gpt=grams per tonne (0.0292 ounces/ton).

Over 60% of the Picacho Vein, which averages 3-5 meters in width, remains untested by drilling or underground drifting and is open on both ends and at depth. Only limited surface work has been conducted on the other three veins.

Mr. Robert Wheatley, President of Adit Resources Corp., commented, "After a recent trip to Picacho, I am convinced more than ever that this is one of the most promising gold properties in México. I look forward to sharing our progress as we obtain exploration results, build a team of top-notch professionals, and build shareholder value."

The Picacho property is located on mining concessions totaling 7,060 hectares within the Northern Sierra Madre Gold Belt, 85 kilometers south of the U.S. border, in Sonora, México. The property is located 24 kilometers southwest of the community of Bacoachi which is located on a paved national highway and is served by high voltage power lines. A 1.2 kilometer dirt airstrip is also located nearby.

About Tara Minerals Corp.

Tara Minerals is focused on generating revenue from its Gold, Lead, Zinc, and Silver mine and mill on its Don Roman and Lourdes project, located in Choix, México. Tara Minerals Corp. is a US-based growth-orientated resource company engaged in the search, acquisition, exploration and development of high-quality non-precious & precious metals and minerals projects with potential for economic commercial value.

About Adit Resources Corp.

Adit Resources Corp. is a growth-oriented precious metals exploration and development company with an objective to become a significant precious metals producer by exploring, developing, and reinitiating production at the Picacho project in México and other North American exploration/advanced-stage projects.

Website: www.TaraMinerals.comFrancis Biscan Jr.
Phone: (630) 462-2079

Tara Minerals to Bulk Sample Gold Vein

Tue, 13 Oct 2009 09:00:00 -0400

CHICAGO, IL -- (MARKET WIRE) -- 10/13/09 -- Tara Minerals Corp. (OTCBB: TARM), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), is pleased to announce that selective mining to bulk sample the newly discovered high-grade gold-bearing San Felipe quartz vein (see October 1, 2009 press release) has begun. A minimum of 500 tonnes will be sampled. Assay results are expected in November and if consistent with recent sampling, gold mining and processing will begin immediately. The producing Don Roman mill (see September 29, 2009 press release) has three parallel circuits and a portion of the capacity can be used to produce gold concentrate for sale.

Surface channel samples from the structure have returned values ranging from 28 to 41 grams gold per tonne. Additionally, a series of 8 shallow trenches returned 4 to 6 grams gold per tonne. Work to date has outlined the known vein strike length to approximately 850 meters and approximately 400 meters in vertical height. The vein remains open both laterally and at depth. The tunneling has begun and is expected to advance approximately 9m per day.

Mr. Francis Biscan Jr., President of Tara Minerals Corp., stated, "I would like to recognize Ms. Aracely Urquidi, one of our talented geologists, with the discovery of the San Felipe vein. It is a significant discovery for Tara Minerals shareholders and has become a high priority. If the results merit, production from the structure can continue, and further development of the mine to increase output can begin immediately."

About Tara Minerals Corp.

Tara Minerals is fully funded and focused on generating revenue in 2009 from the commissioned Don Roman and Lourdes lead, zinc, and silver mine and mill located in Choix, Mexico. Tara Minerals Corp. is a US-based growth-orientated resource company engaged in the search, acquisition, exploration and development of high-quality non-precious & precious metals and minerals projects with potential for economic commercial value.

Website: www.TaraMinerals.com

Francis Biscan Jr.
Phone: (630) 462-2079

Investor Relations
Phone: (630) 752-4447