Tara Gold Resources (fka TRGD)

[shiester]

Lets hope TRGD is entitled to 30%. I would think we will hear something on this soon.


Paramount Gold and Silver Corp. Acquires Mining Concession Extending its San Miguel Vein in Mexico
CHIHUAHUA, MEXICO--(Marketwire - May 9, 2008) - Paramount Gold and Silver Corp. (AMEX:PZG)(TSX:PZG.TO) (FRANKFURT:P6G)(WKN:A0HGKQ) recently acquired a new mining concession at its San Miguel project in Mexico. Elyca hosts the on-strike extension of its newly discovered 'Clavo 99'.

Elyca fills in the gap between Paramount's San Miguel and Empalme concessions providing approximately 2,000 meters of continuous on-strike potential. Recent press releases (drill table below) described the high-grade intercepts at 'Clavo 99' in the northwestern portion of the San Miguel project. The strongly mineralized vein continues to the northwest onto Elyca, which is expected to contain extensions of the mineralization described in those press releases.

Paramount intends to continue drilling of the strongly mineralized San Miguel vein and 'Clavo 99' onto the Elyca concession and through to Empalme.