InvestorsHub Logo
Followers 95
Posts 14359
Boards Moderated 17
Alias Born 05/25/2004

Re: ndara post# 16

Wednesday, 04/25/2007 4:56:26 PM

Wednesday, April 25, 2007 4:56:26 PM

Post# of 25
Tara Gold Drills 5 Meters of 12.81 Grams Gold and 27.8 Grams Silver per Tonne at Picacho

CHICAGO, IL -- (MARKET WIRE) -- April 25, 2007 -- Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) and Lateegra Gold Corp are pleased to announce results from the first assayed drill hole in a first phase drilling program at El Picacho, Mexico. In July 2006, Tara Gold signed an Option Agreement with Lateegra Gold Corp. to acquire up to a 70% interest in the Picacho Gold Mine by spending a minimum of U.S. $3.5 million, delivering 600,000 shares, and achieving certain production goals.

Lateegra, as operator of the project has now completed a 2,569 meter, 14 drill-hole, first phase drilling program, which was designed to confirm and expand upon historic data derived from 22 historic drill holes and sampling from within existing underground development. Core logging has been completed and samples have been received and prepared by ALS Chemex Ltd. laboratory, in Hermosillo, Sonora. The sample pulps will be shipped for analysis to the ALS Chemex laboratory in Vancouver, B.C.

Results from the first drill hole MPDH-07-01, processed on a rush basis, are listed in the table below:

[continued on following link]

http://www.marketwire.com/mw/release_html_b1?release_id=244034







PEAK OIL #board-6609
PEAK OIL - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.