News out!Tara Minerals to Bulk Sample Gold Vein
CHICAGO, IL, Oct 13, 2009 (MARKETWIRE via COMTEX) -- 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.
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.com