Tara Minerals Appoints Key Operational Positions
CHICAGO, IL -- (Marketwire) -- 12/06/11 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to announce the formal appointment of Mr. Steve Eady as the Company's Chief Geologist and Mr. Tom Claridge as Senior Mining and Plant Engineer.
Mr. Eady is an accomplished geologist and has been working in mining since 1973. His past experience includes mineralogy, geology, ore reserve development, leach testing, feasibility studies and geological related development research. He has worked in the past for Inspiration Consolidated Copper Company, and on numerous exploration and development projects at Phelps Dodge Mining / Freeport-McMoRan Copper & Gold Inc.
Mr. Eady commented, 'I have been familiar with the Tara projects since May 2011. The Choix, Mexico district looks currently like the Morenci, Arizona mining district looked 100 years ago, which is one of the largest districts in the world today. Tara has recognized the potential of this district early and has been accumulating a great pipeline of production-focused projects. I have worked in some large-scale mining projects around the world and after having reviewed Tara's projects, I am excited at the opportunity to be a part of the future of mining in Choix. I am especially excited to be able to work with Tom Claridge, as well as the existing Tara Minerals team.'
Mr. Claridge is an accomplished project manager with over 20 years of experience in mine operations, plant design, and water treatment all over the world. His experience includes mineral resource evaluations, conceptual and feasibility reports, metallurgical test programs, economic evaluations and mine and process development of engineering projects for major and junior mining companies. His past employers include Hanlon Engineering & Architecture Inc. and Phelps Dodge Mining / Freeport-McMoRan Copper & Gold Inc.
Mr. Claridge commented, 'Tara gives me the opportunity to combine my various technical and management skills to advance multiple projects from acquisition to commercial production. It takes teamwork and focused execution to successfully transfer value from mineralized structures to the bottom line. I am proud to be here contributing to make that happen, along with our entire Tara team. I look forward to working with Tara for the benefit of all shareholders. I'm excited to be able to continue to work with Mr. Eady, with whom I have a long working history and who I highly respect.'
Mr. Francis Biscan Jr., President of Tara Minerals Corp., commented, 'It is because of our projects that we have been able to attract world class talent such as Mr. Eady and Mr. Claridge. I am privileged to welcome an action oriented team with a singular focus -- enhance shareholder value through extraction of minerals.'
About Tara Minerals Corp. (http://www.TaraMinerals.com)
Tara Minerals Corp. is focused on advancing its gold/silver/zinc/lead Don Roman mine and mill, its iron ore projects and its Picacho gold/silver project, all located in Mexico. Management is creating long-term shareholder value and deploying its capital to advance its projects by enhancing tonnage, further outlining new discoveries/targets, and acquiring additional strategic assets. Tara's strength in recognizing value early and strategy of reducing risk through a foundation of cash flow, positions it for low-risk value creation.
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. Please read the full disclaimer at www.TaraMinerals.com (http://taraminerals.com/English/General/Disclaimer/default.aspx).
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