• Tara Gold owns option to earn 100% interest.
• Contains former mines.
• Early exploration.

The La Millonaria property consists of four mining concessions that total 875 hectares, including formerly-producing gold mines. The property is located in SW Chihuahua in the Sierra Madre Occidental gold-silver belt where other gold/silver exploration projects are ongoing. The area has numerous mines and recent substantial discoveries.

About 8 miles to the SE is the 170,000 ounce/year El Sauzal mine, Glamis Gold's (NYSE:GLG) newest and largest gold mine. Gammon Lake Resource's (AMEX:GRS) Ocampo Gold-Silver Project is approx. 48 miles to the North projecting annual production of 270,000 ounces gold-equivalent ounces. 12 miles away Palmarejo (TSXV:PJO) is developing the nearby Palmarejo mine and has acquired ground surrounding San Miguel.

La Millonaria is a 20-30 meter wide, intensely silicified and stockwork veined, east-west trending structure that can be traced on surface for a minimum distance of 600 meters, with additional workings present up to 2 kilometers along strike. Scattered prospects and adits are present along the structure and selective historical mining has reported recoveries of 10 g/ton gold on average. In 1993, Direccion General de Fomento Economico, a state agency, undertook a study of the waste dumps at La Millonaria and estimated an average grade of 9.702 g/t gold and 23 g/t silver.

The structure at La Millonaria appears to be strongly mineralized and hosts the potential to significantly expand the current mineralized zone and merits further sampling and exploration to further quantify the distribution of precious metals. It also has the potential to generate cash flow in a relatively short to intermediate timeframe by processing the approximately 30,000 tonnes of mineralized ore material already on the property.

The near term goal for the project is to process the waste dumps at La Millonaria which contain an estimated 30,000 tonnes grading of 9.702 g/t gold and 23 g/t silver. Tara Gold is assessing options to advance the project.