Tara Gold Resources

Welcome to the Tara Gold HUB on AGORACOM (Edit this Message from the "Fast Facts" Section)

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.

Please login to post a reply
duncanmcl
City
Rank
President
Activity Points
18127
Rating
Your Rating
Date Joined
11/03/2007
Social Links
Private Message
Tara Gold Resources
Symbol
TRGD
Exchange
PINK
Shares
Issued and out – 100+ million
Industry
Metals & Minerals
Create a Post