NEW YORK--(BUSINESS WIRE)--
Standard & Poor's announced today that it has commenced Factual Stock
Report coverage on Tara Minerals Corp. Tara Minerals Corp. (OTC:TARM), in the exploration stage as of March 31,
2009, engages in the acquisition, exploration and development of mineral
resource properties in Mexico. As of March 31, 2009, it had a 100%
interest in several mining properties, all located approximately 25
kilometers from the town of Choix, Sinaloa State, Mexico. Tara Minerals
believes that each of these properties has deposits of silver, copper,
lead or zinc. All of the properties are in the exploratory state.
The company's properties include the Don Roman and Lourdes concession,
the Pilar de Mocoribo prospect, the Las Nuvias concession, and the
Centenario prospect. Tara Minerals is focused on bringing its Don Roman
and Lourdes property, a zinc, lead and silver project, into production.
The Don Roman and Lourdes concession is 331 hectares in size.
Preliminary evaluation of the property identified an abandoned mine and
extensive sulfide mineralization within a complex suite of
volcanic-granitic and sedimentary rocks. Detailed surface sampling and
road construction have been completed.
The Pilar de Mocoribo prospect is 1,260 hectares in size. Preliminary
evaluation of the property has identified a series of parallel NE
trending mineralized structures that can be traced for more than 300
meters.
The Las Nuvias prospect is 41 hectares in size. Preliminary evaluation
of the property has identified an abandoned prospect with historic
vein-type mineralization occurring within an older complex suite of
volcanic-granitic and sedimentary rocks.
The Centenario prospect is approximately 7,000 hectares in size and is
adjacent to the company's other mineral claims. Preliminary evaluation
of the property has indicated the potential for five separate mineral
systems each having varying mineral characteristics. Initial sampling
has indicated the potential for two lead/zinc/silver systems, two
gold/copper systems, and one iron ore/gold/copper system.
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Note: All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P's STARS research) are eligible to obtain
this coverage.
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Source: Standard & Poor's
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