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Tara Gold Initiates Expansion Into Industrial Minerals Tara Gold Resources Corp. (OTC: TRGD) is pleased to announce that it has formed a 100% owned minerals subsidiary named "Tara Minerals Corp." The objective of Tara Minerals Corp. will be to explore, mine, and market various industrial minerals that hold economic commercial value. Mr. Francis Biscan Jr., President of Tara Gold Resources stated, "Every decision we make centers on creating value for shareholders. We look forward to combining the current bull market in various industrial minerals prices with quality projects available in Mexico that possess strong economic potential. By forming a minerals subsidiary, we can protect our current gold and silver assets, continue to diversify our portfolio, and implement a corporate structure that will be beneficial to all." About Tara Gold Resources Corp. Tara Gold Resources Corp. is a growth-oriented precious metals exploration and development company with existing production. It is management's objective to become a significant gold and precious metals producer by increasing our current production at La Currita, re-initiating mining and production at Lluvia de Oro, 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://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. Source: Market Wire (May 9, 2006 - 9:24 AM EDT) |
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| aus der Diskussion: | TARA GOLD wird Paramount überflügeln |
| Autor (Datum des Eintrages): | lindgreen (09.05.06 15:52:51) |
| Beitrag: | 53 von 1,753 (ID:21490657) |
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