News out!Tara Minerals Discovers New Vein Grading 622 g/t Silver, 26.02% Zinc, and 9.56% Lead
CHICAGO, IL, Jan 21, 2010 (MARKETWIRE via COMTEX) -- Tara Minerals Corp. /quotes/comstock/11k!tarm (TARM 2.14, 0.00, 0.00%) (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.
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.