SOURCE: Tara Gold Resources Corp.

March 19, 2007 08:00 ET

Comprehensive 50,000 Meter Drilling Program Targets Resource Expansion at San Miguel

CHICAGO, IL -- (MARKET WIRE) -- March 19, 2007 -- (PINKSHEETS: TRGD) (FRANKFURT: T8N) Tara Gold Resources Corp. is pleased to announce the plan to drill a total of 50,000 meters in 2007 on the San Miguel project. The plan, as proposed by the operator Paramount Gold and accepted by Tara Gold, uses a combination of core and reverse circulation methods.

In August, 2005, Tara Gold Resources signed an agreement with Paramount Gold Mining Corp. giving Paramount the right to earn up to a 70% interest in the project by spending US$2.5 million, delivering 700,000 shares, and making various payments to Tara Gold.

The joint venture's objectives in the upcoming drill program at San Miguel are to upgrade and expand the present inferred resource by infill and down-dip drilling, to extend the known mineralized zones along strike, and to find new zones by drilling the untested portions of the primary mineralized structural zone.

Layne Christensen (Layne de Mexico, S.A de C.V) www.laynechristensen.com has committed the necessary drills to Paramount Gold to execute this program. Founded over 100 years ago Layne Christensen Company's Mineral Exploration provides drilling services for geological assessment, in-situ mining and mineral exploration with over 150 drilling rigs worldwide.

Mr. Francis Biscan Jr., President of Tara Gold Resources stated, "The results to date at San Miguel warrant an aggressive increase in the level of exploration activity and the enhancement of the expertise and quality control processes needed to guide, model and assess the results. We are fortunate to have a partner that is systematically unlocking the value we recognized early on at San Miguel."

About San Miguel

San Miguel is currently comprised of 16 concessions covering an estimated 8 km strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental.

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, Pilar De Mocoribo and Las Minitas 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: http://www.TaraGoldResources.com.

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.

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