Tara Gold Resources (fka TRGD)

[Fishing at Surfside]

Trenches in the San Antonio - Carmen Zone Assays up to 887 g/t Silver at San Miguel Project, Mexico


CHICAGO, IL, Jan 03, 2007 (MARKET WIRE via COMTEX) -- Tara Gold Resources Corp.(PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to release the results of a trenching program in the central part of its San Miguel concession block near Temoris, Chihuahua, Mexico. The five trenches reported are located in the San Antonio zone which is adjoining and to the north of the San Luis zone where Paramount reported drill results that included 35.5 g/t gold across 4.0 meters.

In August 2005, Tara Gold Resources signed an agreement with Paramount Gold Mining Corp. giving Paramount the right to earn up to a 70% interest in the project by spending US$2.5 million, delivering 700,000 shares, and making various payments to Tara Gold.

Paramount Gold is the operator of the project and manages the exploration program. Trenches nine through thirteen span approximately 175 meters along strike on the San Antonio - Carmen zone. Trench ZSA-09 starts approximately 50 meters north from trench ZSA-08 (88.4 meters averaging 50.2 g/t silver, including 1.0 meters of 1,300 g/t silver). Trench ZSA-10 is approximately 90 meters north of ZSA-09. Trenches ZSA-11 and ZSA-13 continue across strike to the west of ZSA-10 with approximately 50 meters between them. Trench ZSA-12 is
approximately 70 meters north of ZSA-10.

Paramount's Manager of Exploration in Mexico, Bill Reed, commented: "The trenching results at San Antonio compare very well with earlier trenches in the San Luis, San Jose and La Union zones. These recently completed trenches in the San Antonio - Carmen zone have exposed a series of sub-parallel en echelon veins that extend 175 meters to the north of those previously reported trenching results with a width of more than 200 meters. This confirms our prior observation that this mineralized system is strengthening to the north. We will continue drilling this zone immediately after the start of the New Year."

The highlights of the trenching include:

ZSA-09 - 61.9 meters averaging 79.0 g/t Ag, including 2.1 meters of 625 g/t Ag with 1.24% lead, and 1.0 meters of 887 g/t Ag with 5.59% lead.

ZSA-10 - 36.5 meters averaging 56.3 g/t Ag, including 17.5 meters of 87 g/t Ag.

ZSA-12 - 30.0 meters averaging 87.7 g/t Ag, including 3.0 meters of 422 g/t Ag, and 7.0 meters of 195 g/t Ag with 1.6% zinc.

ZSA-13 - 1.0 meters 62.0 g/t Ag and 0.79% lead.

The trenches are excavated to a depth of 2-3 meters and extend from west to east across the quartz veins and stockwork quartz veins that host silver and gold mineralization in the Guazapares mining district. The trenches were cut through thin overburden to better define drill targets and spaced approximately 50 to 75 meters apart. The geology of the trenches is mapped in detail and continuous rock chip samples of no more than one meter in length are collected from the
trench walls.

Drill holes have been completed on the San Antonio zone based on the trench assays listed below and the drill will continue to move north along the mineralized zone as defined by the trenches.



Trench From To Interval Au Ag AuE Pb Zn

meters meters meters g/t g/t g/t % %

------ ------ -------- ------ ------ ------ ------ ------

ZSA-09 10.10 44.20 34.10 0.00 58.00 0.97

------ ------ -------- ------ ------ ------ ------ ------

44.20 46.30 2.10 0.00 625.00 10.42 1.24 0.20

------ ------ -------- ------ ------ ------ ------ ------

46.30 63.00 16.70 0.00 25.00 0.41

------ ------ -------- ------ ------ ------ ------ ------

63.00 64.00 1.00 0.00 887.00 14.78 5.59 0.17

------ ------ -------- ------ ------ ------ ------ ------

64.00 72.00 8.00 0.00 39.00 0.65

------ ------ -------- ------ ------ ------ ------ ------

------ ------ -------- ------ ------ ------ ------ ------

Average 10.10 72.00 61.90 0.00 79.00 1.32 0.21 0.17

------ ------ -------- ------ ------ ------ ------ ------

------ ------ -------- ------ ------ ------ ------ ------

ZSA-10 25.00 44.00 19.00 0.00 28.00 0.47 0.08 0.15

------ ------ -------- ------ ------ ------ ------ ------

44.00 61.50 17.50 0.00 87.00 1.46 0.10 0.16

------ ------ -------- ------ ------ ------ ------ ------

Average 25.00 61.50 36.50 0.00 56.30 0.94 0.09 0.15

------ ------ -------- ------ ------ ------ ------ ------

------ ------ -------- ------ ------ ------ ------ ------

ZSA-11 7.00 10.00 3.00 0.00 30.00 0.50 0.10 0.15

------ ------ -------- ------ ------ ------ ------ ------

19.00 28.00 9.00 0.00 11.00 0.18 0.05 0.11

------ ------ -------- ------ ------ ------ ------ ------

43.00 63.00 20.00 0.00 13.00 0.21 0.01 0.10

------ ------ -------- ------ ------ ------ ------ ------

------ ------ -------- ------ ------ ------ ------ ------

ZSA-12 10.00 13.00 3.00 0.00 422.00 7.04 0.20 0.55

------ ------ -------- ------ ------ ------ ------ ------

33.00 40.00 7.00 0.00 195.00 3.25 0.17 1.60

------ ------ -------- ------ ------ ------ ------ ------

40.00 56.00 16.00 0.00 12.00 0.20 0.15 0.03

------ ------ -------- ------ ------ ------ ------ ------

Average 10.00 49.00 30.00 0.00 87.70 1.46 0.06 0.43

------ ------ -------- ------ ------ ------ ------ ------

------ ------ -------- ------ ------ ------ ------ ------

ZSA-13 24.50 25.50 1.00 0.00 62.00 1.01 0.79 0.08

------ ------ -------- ------ ------ ------ ------ ------

48.50 61.50 13.00 0.00 8.00 0.14 0.03 0.09

------ ------ -------- ------ ------ ------ ------ ------






Quality Control Person

C.W. (Bill) Reed, B. Sc. Mineralogy, is acting as qualified person, on behalf of the operator Paramount Gold and has prepared the details with respect to this
news release.

About San Miguel

San Miguel is currently comprised of 16 concessions covering an estimated 6 kms strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental.

About Tara Gold Resources Corp.

Tara Gold Resources Corp. is a growth-oriented precious metals exploration and development company with existing production plants. It is management's objective to become a significant gold and precious metals producer by re-initiating and increasing production levels at La Currita, Lluvia de Oro and Picacho, and developing the San Miguel, La Millionaria, Pilar De Mocoribo 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://www.TaraGoldResources.com.

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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.