SOURCE: Tara Gold Resources Corp.

November 27, 2007 11:50 ET

Significant Gold-Silver System Discovered at Las Minitas, Mexico

CHICAGO, IL--(Marketwire - November 27, 2007) - (PINKSHEETS: TRGD) (FRANKFURT: T8N) -- Tara Gold Resources Corp. is very pleased to announce that a major gold-silver system has been uncovered at the Las Minitas Gold-Silver Property in south western Sonora State, Mexico. The mineralization corridor covers a minimum 3 km strike length, is 100 m wide and is believed to extend for at least 10 km. Drill hole 07-MN-10 at the El Negro target intersected 3.12 g/t gold and 43.80 g/t silver over 24.5 m, including a 1 m section grading 26.07 g/t gold, 273.50 g/t silver, validating a number of historical assays from the sector.

Mr. Francis Biscan, Jr., President of Tara Gold Resources, stated, "Airborne geophysics, surface geochemical sampling, trenching and sampling were used to verify historical targets and discovered 4 new regional targets with similar signatures. The Las Minitas holdings were expanded to 79.52 square kilometres to encompass these additional targets. The potential size of the project is now significantly larger. The initial results verify economical mineralization within the historical targets and future drilling will focus on proving up mineralization along the 10 km-long corridor. This is a material discovery for Tara Gold. An expanded exploration team is being sent to the property immediately to initiate an additional aggressive drilling program."

Assay results from the initial 3,000 m / 19 hole diamond drilling program focused mostly on validating historical drill assay results and in part expanding the resource potential along 2 of 6 historical targets, the Las Minitas (formerly the South Zone) and El Negro (formerly the NW Zone) mineralization.

To date 1,107 assay results have been received from 10 of 19 drill holes (07-MN-01 to 10). The mineralization, higher grade for gold and silver, consists of disseminated and vein-type gold-silver, associated with both the host volcanic rocks and vein systems. The Las Minitas and El Negro validation drilling, field observations and results to date indicate the presence of a N-NW trending, minimum 100 m wide corridor containing highly oxidized volcanic breccias, NW-SE trending contacts with steep NE or SW dips, individual veins, veinlets and stockworks of quartz-carbonate, manganese staining, and abundant N, NW, E and sub-horizontal fractures, now considered to be the main mineralization corridor at Las Minitas. The 10 km corridor includes the historic occurrences of Socorro, Aurifero V-1, Aurifero V-2, Aurifero V-3, and on the newly acquired Aurifero V claims, repeated at roughly 750 m spacings.

Table of significant silver-gold assays from the first batch of assay results* (07-MN-01 to 10):

DDH #                FROM       TO     INTERVAL     AU        AG
                      (m)       (m)       (m)      (g/t)     (g/t)
LAS MINITAS TARGET
07-MN-01              41.7     43.5       1.8      1.22      1.10
                      55.5     61.4       5.9      1.01      0.90
                      71.1     71.7       0.6      3.35      1.30
                     123.0    124.0       1.0      2.30      0.50
07-MN-02              82.0     93.8      11.8      2.90      3.70
   INCL.              82.0     83.1       1.1      4.47      4.30
   INCL.              83.1     84.0       0.9      0.18      2.90
   INCL.              84.0     84.9       0.9      0.58      4.10
   INCL.              84.9     86.4       1.5      0.42      2.70
   INCL.              86.4     87.9       1.5      1.04      2.30
   INCL.              87.9     89.4       1.5      1.39      3.10
   INCL.              89.4     90.9       1.5      9.70      4.40
   INCL.              90.9     92.3       1.4      1.14      2.60
   INCL.              92.3     93.8       1.5      5.48      6.70
                      98.0    101.0       3.0      3.68     11.40
   INCL.              98.0     99.5       1.5      5.52     13.10
   INCL.              99.5    101.0       1.5      1.83      9.70
                     140.0    143.0       3.0      1.86     39.00
   INCL.             140.0    141.5       1.5      2.17     74.50
   INCL.             141.5    143.0       1.5      1.55      3.50
                     151.5    159.0       7.5      2.15      3.30
   INCL.             151.5    153.0       1.5      5.88      2.30
   INCL.             153.0    154.5       1.5      0.40      7.80
   INCL.             154.5    156.0       1.5      1.95      2.00
   INCL.             156.0    157.5       1.5      1.42      1.60
   INCL.             157.5    159.0       1.5      1.09      3.00
07-MN-03             146.0    149.0       3.0      2.94     10.15
   INCL.             146.0    147.5       1.5      2.48      5.50
   INCL.             147.5    149.0       1.5      3.40     14.80
                     188.0    192.5       4.5      0.20     22.90
                     191.0    192.5       1.5      0.26     34.30
EL NEGRO TARGET
07-MN-04              39.5     41.0       1.5      0.49     29.00
                      68.6     70.0       1.4      0.86     19.50
                     141.9    143.4       1.5      2.35      2.80
07-MN-05              45.8     47.3       1.5      0.24     12.50
                      57.8     59.3       1.5      1.68     41.30
                      74.7     76.2       1.5      0.52     18.90
                      92.7     94.2       1.5      9.63      2.30
07-MN-06              84.1     84.8       0.7      0.01     29.20
                     102.7    104.6       1.9      1.61      2.40
                     151.3    152.5       1.2      0.03     13.80
07-MN-07              21.4     23.5       2.1      1.46      1.60
                      42.2     44.8       2.6     Trace    158.00
07-MN-08              76.8     78.1       1.3      1.54      2.20
07-MN-09              47.7     53.9       6.3      2.24     26.20
                      61.0     63.4       2.4      3.70     86.30
                      63.4     65.3       1.9      2.42      4.20
                      65.3     67.1       1.8      0.09     10.00
                      71.0     71.8       0.8      1.31      0.80
                      72.4     72.8       0.5      1.16      2.90
07-MN-10              51.7     76.2      24.5      3.12     43.80
   INCL.              51.7     52.5       0.8      1.74     18.00
   INCL.              52.5     53.5       1.0     26.07    273.50
   INCL.              53.5     54.9       1.5      1.41     24.00
   INCL.              54.9     56.3       1.4      0.37     12.80
   INCL.              56.3     58.0       1.7      2.00     13.50
   INCL.              58.0     60.0       2.0      0.60     22.10
   INCL.              60.0     61.2       1.2      9.56     63.60
   INCL.              61.2     62.8       1.6      2.46     22.50
   INCL.              62.8     64.3       1.6      2.88     42.30
   INCL.              64.3     66.5       2.2      1.16     45.30
   INCL.              66.5     67.0       0.5      0.49     12.00
   INCL.              67.0     69.3       2.3      0.50     17.70
   INCL.              69.3     69.8       0.5      0.33      6.00
   INCL.              69.8     70.8       1.0      6.98    189.50
   INCL.              70.8     72.8       2.1      2.31     38.60
   INCL.              72.8     74.6       1.8      3.61     44.90
   INCL.              74.6     76.2       1.7      0.95      9.50
                      95.3     96.7       1.4      1.39      3.70

* Assays are still pending for drill holes 07-MN-11 to 19. Sample preparation was done at the Sonora Sample Preparation Lab S.A. (of Hermosillo, Mexico) using a jaw crusher (Rhino), crushed to less than 75% at -10 mesh. Some 250 grams were obtained by means of a riffle splitter and pulverized down to 90% at -150 mesh using a ring pulverizer. Samples were sent for gold and silver assaying at Techni-Lab Inc. (of Ste-Germaine-de-Boulé, Quebec). Duplicates, standards and blanks were added to batches of 20 samples for QA/QC purposes. Interval lengths are based on core lengths. True widths are unknown at this time.

A total of 6 trenches (each 2 to 3 m deep, 3 to 5 m wide, and 25 m long) intersecting the mineralized corridor above the drilling were also completed at El Negro, and are currently being mapped and sampled at this time. Drill holes 07-MN-11 to 19, where gold-silver assay results are still pending, were centered on the trenches.

The information in this news release has been prepared and reviewed by Mr. Jean Lafleur, P. Geo., Director and Technical Advisor to Pershimco, the operator's Qualified Person under NI 43-101.

About Las Minitas

The 79.52 square kilometres Las Minitas Property is located in Sonora, Mexico, northwest of the town of Alamos, within the well known Sierra Madre Occidental gold-silver belt where a number of successful gold/silver exploration projects are ongoing. In May of 2007, Tara Gold signed an option agreement with giving Pershimco, as operator, an option to earn a 75% direct property interest by making cumulative payments of $1.8 million to Tara Gold, staged exploration work for a total of $5.2 million over 48 months, underlying properties payments of $3.4 million and issuing 750,000 shares to Tara Gold. The $1.8 million payment to Tara has been reduced to $1.7 million with the $100,000 going towards the new acquisitions.

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, 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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