• Don Ramon and Lourdes producting by Q3 2008.
• Lluvia de Oro expected to produce during 2008.
• La Currita nearing production decision.

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 Gold is also positioned to benefit from production start-up at Lluvia de Oro and La Currita, the exploration and production potential of Picacho, and from the future advancement of La Millionaria, Las Minitas and the Curcurpe projects in Mexico. A summary of all projcets is provided below.

DISCOVERY

San Miguel – Sale of interest to Paramount Gold and Silver Completed (own 13% of PZG on the AMEX)

• 43-101 report summarized 104 million inferred silver ounces.
• 176 HQ size diamond drill holes (2.5 inch core) have been completed totalling 34,926 metres.
• Aggressive step-out and infill drilling is ongoing.
• San Miguel is a multi-million ounce target that is being proven through aggressive drilling and results are expected every 3-4 of weeks.

NEAR PRODUCTION 

Picacho Mine – Retain 100% Interest

• Processing facility currently capable of producing 250 tonnes/day.
• Ore grades averaging 5 g/t gold and 15 g/t silver over a 1 km, 6 m wide vein.
• Tara is considering options for advancement.

La Currita Mine – Retain 100%

• The acquisition includes 4 mines, mine tailings and a processing plant capable of up to 150 tons per day of ore.
• Mill has been upgraded and ready for production.
• Expected to produce at a rate of 250 tonnes/day upon improved smelter agreement.

Lluvia de Oro Mine – Retain 20% Net Cash Flow

• A past producing open pit gold mine with mine office, modern processing plant and two heap leach pads.
• 295 historical drill holes indicate a gold resource of 250,000 ounces, including 30,000 ounces of gold on the pads.
• Historical records indicate potential to double resource through exploration. Partner spending $3+ million to upgrade equipment and start-up.
• Expected to produce 25,000 to 30,000 ounces of gold per year upon start-up in 2008.
  

Don Ramon and Lourdes – Retain 100% under Tara Minerals

• High grade zinc, lead and silver property owned 100% by Tara Minerals Corp.
• Production is expected to begin at 300 tonnes per day by third quarter of 2008.
• Tara Gold owns 80% of Tara Minerals.

EXPLORATION

La Millonaria – Retain 100% Interest

• 4 mining concessions, including formerly-producing gold mines.
• Is a 20-30 m wide structure that can be traced on surface for a minimum distance of 600 m, with additional workings present up to 2 km away.
• The waste dumps have an average grade of 9.702 g/t gold and 23 g/t silver.
• Potential to generate cash flow in a short timeframe by processing the approximately 30,000 tonnes of ore material already on the property.
  
  

Las Minitas – Retain 100%

• Early exploration with several targets identified.
• Currently assessing options for advancement.

Curcurpe

 – Retain 100% Interest

• Covers nearly 6,000 hectares. has multiple targets, historic mining over 1.5 km.
• Vein system traced for 3 km with grades between 1-8 g/t.
• Currently assessing options for advancement.

Pilar De Mocoribo – Retain 100% under Tara Minerals

• High grade zinc, lead and silver property owned 100% by Tara Minerals Corp.
• Tara Gold owns 80% of Tara Minerals.