Positive Recovery Results Supports Continuing Plan to Resume Operations at Don Roman Mill
CHICAGO, IL -- (Marketwire) -- 07/24/12 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to provide initial results from a Metallurgical study by Consultores Metallurgicos of Chihuahua, Chih, Mexico regarding material from the Don Roman district. The recovery rates achieved, as summarized below, should significantly enhance project economics. The study recovery process correlates with the current design and configuration of the centralized Don Roman mill.
Tom Claridge, Senior Mining and Plant Engineer, commented, "These results are encouraging as it shows that the current mill configuration matches the process needed to achieve economical metal recovery rates from the Don Roman district. It also means that the mill, with some minor modifications, can be re-commissioned in a short period of time."
The Metallurgical study concluded that through a process of differential flotation and sulfidization, ores from the significant structures currently under consideration for production from within the district can achieve recoveries of 68.8% for gold, 84.5% for silver, 70.2% for zinc, 81.8% for lead, and 60.1% for copper.
Tara's expanded team is currently reviewing and analyzing the numerous sampled and mined mineralized veins within the Don Roman district to develop a district wide exploration, mining, and processing plan. All on-going and future work activities will be conducted in a NI 43-101 compliant manner with an eventual goal of issuing a series of NI 43-101 compliant Technical Reports for the Don Roman district. The available NI 43-101 Technical Report, completed in July 2009, focused only on the substantial potential of the five concessions, totaling 817 acres, adjoining the mill. Tara now has 100% ownership in over 25,400 acres in close proximity to the Don Roman mill. This does not take into account the 370 acre Champinon iron ore property, also located within the district, which continues to progress towards 2012 production.
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 and its iron ore projects located in Mexico. Management is creating long-term shareholder value and deploying its capital to advance its projects by enhancing resources, 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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