SOURCE: Tara Gold Resources Corp.

June 24, 2008 11:39 ET

Tara Gold Accepts Full Return of La Millonaria, Curcurpe and Picacho Groupings

CHICAGO, IL--(Marketwire - June 24, 2008) - Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) announces the acceptance and full return of the La Millonaria, Curcurpe and Picacho Groupings from La Camera Mining Inc. Neither La Camera Mining Inc. nor Tara Gold Resources Corp. will hold any claim of gain or liability, now or in the future, regarding the option agreements and their mutual dissolutions.

Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "In this challenging market, many junior mining companies have had to make difficult decisions. We thank La Camera for its efforts and professionalism. Tara Gold continues to focus on the advancement of the significant discovery at San Miguel and the impending start up of its Don Ramon and Lourdes Lead, Zinc, Silver production plant, which is owned and operated by our subsidiary, Tara Minerals Corp. We also continue to have joint venture interest in many of our properties and are currently assessing options for their advancement."

In addition, Raven Gold Corp. has defaulted on their La Currita Groupings Option Agreement.

About Tara Gold Resources Corp.

The principal business of Tara Gold Resources Corp. is the acquisition, exploration and development of high-quality precious metals projects with potential for economic commercial value. Tara provides investors growth exposure with a diversified exploration portfolio, multiple multi-million ounce targets and several near term production scenarios. Tara Gold is currently focused on the advancement of the significant silver discovery at San Miguel (30% interest) and generating revenue from the Don Ramon and Lourdes project owned 100% by the subsidiary Tara Minerals Corp. Tara Gold is also positioned to benefit from production start-up at Lluvia de Oro and La Currita, the material exploration and production potential of Picacho, and from the future advancement of La Millonaria, Las Minitas and the Curcurpe projects in Mexico. 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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