|By Marketwired .||
|September 25, 2013 09:15 AM EDT||
HENDERSON, NV -- (Marketwired) -- 09/25/13 -- Tara Minerals Corp. (OTCQB: TARM) (BERLIN: 6T3) is pleased to announce that a drill program to define the veins at depth and to map them underground has begun. The short-term priority for the program is to further delineate the exposed veins.
In addition, ongoing exploration work has resulted in the uncovering of new mineralized structures and the discovery of additional historical workings. Assays from the mineralized portions of the structures are consistent with the average 0.5 oz/t gold found in the priority veins.
Mr. Steve Eady, Chief Geologist, stated, "The veins are consistent in gold grade and the gold is recoverable. Now it is a matter of following each of the veins at surface, understanding their shape and geology, and prioritizing them for delineation to gauge tonnage potential. We are in a geologically attractive mining district as shown by the work being carried out by the partnership of Midas Gold Corp., Franco-Nevada Corporation and Teck Resources Limited to the south. We have community and regulatory support for production and are making progress towards this goal."
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 0.5 oz/t gold.
About Tara Minerals Corp. (http://www.TaraMinerals.com)
Tara is currently focused on advancing its US and Mexico project pipeline towards 2013 production. In addition to achieving 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.
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).