SOURCE: Tara Gold Resources Corp.

April 30, 2008 14:44 ET

Tara Gold Extends 'Clavo 99' to a Depth of 250 Meters at Its San Miguel Project

CHICAGO, IL--(Marketwire - April 30, 2008) - Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce assay results from drill hole SM-34 in the San Miguel Vein. Drill hole SM-34 was drilled 50 meters below hole SM-15 to test the depth extent of 'Clavo 99.'

Hole SM-34 established that the high grade mineralization in 'Clavo 99' extends to a depth of at least 250 meters below the surface and remains open at depth. Additional drilling is in progress to continue expanding 'Clavo 99' at depth and laterally to the north and south.

In SM-34, the highest grade interval contained 0.49 meters of 10.00 g/t Au and 27 g/t Ag. This was within a 4.93 meter vein containing 2.17 g/t Au and 17 g/t Ag.

The San Miguel project is a joint venture between Tara Gold Resources Corp. (30%) and Paramount Gold Mining Corp. (70%). Paramount is the operator of the exploration program and provided this update.

Highlights of these assay results are as follows (go to for further assay details and maps):

                                   True                   Gold     Grade
Hole       From     To   Interval  Width   Gold   Silver  Equiv.* Thickness
                                                                  (grams Au
                                          (grams/ (grams/ (grams/ Equiv. x
Number   (meters)(meters)(meters)(meters)    ton)   ton)    ton)  meters)
------    ------  ------  ------  ------  ------  ------  ------  ------
SM-34     157.80  188.00   30.20   18.60    0.26   19.00    0.63   11.72
                      including:    0.34    0.63  223.00    5.09    1.72
          188.00  196.00    8.00    4.93    2.17   17.00    2.51   12.37
                      including:    0.49   10.00   27.00   10.54    5.19
average:  157.80  196.00   38.20   23.53    0.66   18.58    1.02   24.09

*Note: Ag/Au ratio = 50 (used to calculate Gold Equivalent)

Quality Control

Paramount takes detailed digital photos of the entire core before it is cut by saw to half core which is assayed at ALS Chemex's Vancouver laboratory. As part of quality assurance, quality control (QA/QC), Paramount has put into place a detailed program of periodically introducing certified standards, blanks and duplicates into the sample stream. Half-core samples are being retained on site for verification and reference purposes.

About Tara Gold Resources Corp.

Tara Gold Resources Corp. is a growth-oriented precious metals exploration and development company with existing production plants. It is management's objective to become a significant gold and precious metals producer by re-initiating and increasing production levels at La Currita, Lluvia de Oro and Picacho, and developing the San Miguel, La Millionaria, Las Minitas and Curcurpe projects in Mexico. We continue to acquire other advanced-stage projects and/or producing mines in one of the most prolific precious metal districts in the world. For more information, please visit the Company's web site at:

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.

Contact Information