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Tara Minerals Begins Metallurgical Testing at Ponderosa

30.04.2013  |  Marketwired
HENDERSON, NV -- (Marketwired) -- 04/30/13 -- Tara Minerals Corp. (OTCQB: TARM) (BERLIN: 6T3) is pleased to announce that is has taken a 3.5 tonne sample, from the Ponderosa Project, for metallurgical testing work by an independent lab. The sample was taken from the same vein as the pits 3-6 channel samples. The head grade assay, from this part of the vein, returned 0.77 oz/t gold. The material was prepared for assay in a manner that minimizes the effect of gold nuggets, which can be found in this vein. The purpose of the test work is to characterize the gold occurrence and to outline processing options that maximize gold recovery.

Mr. Tom Claridge, Senior Mining and Plant Engineer, stated, "Steve Eady, our Chief Geologist, and I continue to systematically assess the project and its potential. Once the metallurgical work is completed, we will test the processing options outlined. The results to date continue to be encouraging."

The Ponderosa Project consists of 6,721 acres of both patented and unpatented mining claims in central Idaho, USA. The optioned claims include previously mined veins with historic sampling of the exposed outcrops averaging 14 grams/tonne gold. Tara's initial focus is to assess the previously un-mined veins for their near-term production potential.


About Tara Minerals Corp. (www.TaraMinerals.com)

Tara currently has 100% ownership in over 39 square miles (25,770 acres) in the Don Roman district located in the northern part of the La Reforma Mining District of northeastern Sinaloa State, Mexico. Tara Minerals Corp. is focused on prioritizing and the delineation of an estimated 70+ Don Roman Gold, Silver, Zinc, and Lead mineralized structures for 2013 production. Management is creating long-term shareholder value and deploying its capital to advance its projects by enhancing resources, further outlining new discoveries/targets, and acquiring additional strategic assets. The sale of the Picacho Gold/Silver project, to Yamana Gold, brought an initial payment of $7.5 million, with a second payment of $9.8 million due in May 2013. 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 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. Please read the full disclaimer at www.TaraMinerals.com (http://taraminerals.com/English/General/Disclaimer/default.aspx).



Contact:

Tara Minerals Corp.
David Barefoot
(888) 901-4550
Email Contact
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