Tara Begins Implementation of the Don Roman Production Plan
HENDERSON, NV -- (Marketwire) -- 02/05/13 -- Tara Minerals Corp.
(OTCQB: TARM) (BERLIN: 6T3) is pleased to report that work has begun
towards the implementation of the Don Roman Mine & Mill Production
Plan. Geological work, including the continuation of surveys,
detailed mapping, sampling and start-up mine location work, is being
managed by Steve Eady, Chief Geologist. The mill site upgrade work
has also begun and includes water well sourcing, process circuit
optimization, maintenance and refurbishment of equipment, and the
installation of additional staff housing/offices. Tom Claridge,
Senior Mining and Plant Engineer, will manage all mill site work.
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
Mr. Francis Biscan Jr., President of Tara Minerals, stated, "The
management team has outlined clear deliverables, budgets and
responsibilities towards achieving our 2013 Don Roman commercial
production goal. We will keep our shareholders informed as additional
milestones are reached."
Mr. Eady is an accomplished geologist and has been working in mining
since 1973. His past experience includes mineralogy, geology, ore
reserve development, leach testing, feasibility studies and
geological related development research. He has worked in the past
for Inspiration Consolidated Copper Company, and on numerous
exploration and development projects at Phelps Dodge Mining /
Freeport-McMoRan Copper & Gold Inc.
Mr. Claridge is an accomplished project manager with over 20 years of
experience in mine operations, plant design, and water treatment all
over the world. His experience includes mineral resource evaluations,
conceptual and feasibility reports, metallurgical test programs,
economic evaluations and mine and process development of engineering
projects for major and junior mining companies. His past employers
include Hanlon Engineering & Architecture Inc. and Phelps Dodge
Mining / Freeport-McMoRan Copper & Gold Inc.
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.
Tara's strength in recognizing value early and strategy of reducing
risk through a foundation of cash flow, positions it for low-risk
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