- Production - Don Ramon zinc/lead/silver property by 2008.
- Production - Luluvia de Oro gold/silver property by 2008.
- Monetize 30% interest in San Miguel (sale completed).
- Earn senior exchange listing.
- Assess options for advancement of all properties.
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 generating revenue from the Don Ramon and Lourdes project owned 100% by the subsidiary Tara Minerals Corp. Tara’s vision is to build a leading low-cost mid-tier metals and mineral producer by acquiring and developing quality projects, with a single overriding objective, to create value for shareholders.
STRATEGY
Tara is in a strong position to acquire high-quality opportunities due to its established office and relationships in Mexico. Tara’s management has proven its ability to recognize value early, gain access and acquire projects on terms that give Tara the ability to assess various options to advance each project.
In some cases, Tara will advances projects by sharing financial risk with mutually beneficial partnerships while retaining a healthy percentage of future cash flow. In other cases, Tara will utilize its own capital to put low-cost, high-yield properties into production, retain 100% interest and leverage the cash flow to acquire additional properties.
OBJECTIVES
Accumulate critical mass of world-class exploration, expansion and production properties through an aggressive acquisition strategy, driven by timely identification of hidden value. Tara has consistently delivered on its objectives in the past and is currently focused on accelerating its successes by accomplishing the following near term goals.
- Increase shareholder value by aggressively growing cash flow, expanding existing drilled resources, and drilling new discoveries.
- Begin 300 tonnes per day zinc/lead/silver production from Don Ramon and Lourdes by Q3 2008.
- Benefit from and monetize 20% Net Cash Flow interest in the Lluvia de Oro gold/silver project.
- Re-start gold/silver production at La Currita upon terms from smelter that deliver revenue in a timely manner.
- Assess production/exploration options for the Picacho Gold Mine.
- Monetize the San Miguel discovery - sale completed.
- Consider patnerships for the advancement of other properties.
- Complete financial audits and move to a more senior exchange.
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