HENDERSON, NV -- (Marketwire) -- 01/22/13 --
Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to report that an aerial topography survey, covering 5 square kilometers of the Don Roman district, has been completed. The survey results provided Tara with detailed maps from which exact mineral vein locations can be determined. This allows for further correlation, connection and interpretation of surface occurrences in the district. The current work is focused on achieving 2013 Don Roman production and will include delineation/drilling of several of the known structures. All work will be conducted in a NI 43-101 compliant manner.
The survey was conducted by Cooper Aerial Survey of Tucson, Arizona. Tara is using the survey data for enhanced geologic mapping, with contour intervals of 0.5 meters, to plan surface exploration, sampling and delineation drilling programs.
About Tara Minerals Corp. (http://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. This is expected to be more than sufficient funds to achieve commercial production at Don Roman and aggressively expand production or acquire additional near-production projects. 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. Please read the full disclaimer at www.TaraMinerals.com (http://taraminerals.com/English/General/Disclaimer/default.aspx).
Source: Tara Minerals Corp.