SOURCE: Tara Gold Resources Corp.

September 11, 2006 09:15 ET

Tara Gold Resources Joint Ventures Las Minitas for Advancement

CHICAGO, IL -- (MARKET WIRE) -- September 11, 2006 -- Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce that it has entered into an Option Agreement with Raven Gold Corp for the advancement of its Las Minitas silver project. The Property is located in Sonora, Mexico, approximately 40 air kilometers northwest of the town of Alamos. The property lies at the western edge of the province known as the Sierra Madre Occidental gold-silver belt where a number of successful gold/silver exploration projects are ongoing.

The agreement allows for Raven Gold to acquire up to a 55% interest in the Las Minitas silver project by spending U.S. $4,000,000 in exploration, making all underlying property payments, making cash payments to Tara totaling U.S. $600,000, and issuing Tara Gold 750,000 thousand shares of Raven Gold Corp all within 30 months.

Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "We look forward to working with Raven Gold on our Las Minitas project. With the recent completion of our NI43-101 Qualifying Property Report, we are prepared to aggressively begin advancing the project."

About Las Minitas

The 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.

According to a recently completed NI43-101 Qualifying Property Report, historical information regarding Las Minitas indicates three mineralized zones of interest that contain an estimated of 13,534,398 million tonnes of ore grading 7.58 oz/t silver and 0.0089 oz/t gold. Metallurgical testing indicates that recoveries of 90% for both silver and gold may be achievable by cyanidation alone. A copy of this report can be found on the company's website www.taragoldresources.com

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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