Tara Gold Announces Common Stock Repurchase Program

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Tue Jul 7, 2009 9:01am EDT

  CHICAGO, IL, Jul 07 (MARKET WIRE) -- 
Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) announces
that over the next 6 months it plans to purchase up to $500,000 of its
common stock. The shares will be purchased from time-to-time in
open-market transactions. The Company will not purchase any shares from
any officer, director or affiliate of the Company. The Company does not
have any agreements, arrangements, or understandings concerning the
proposed purchase of its common stock.

    Any shares purchased will be in accordance with guidelines specified by
Rule 10b-18 of the Securities and Exchange Commission.

    The Company will use its own funds to purchase its shares.

    About Tara Gold Resources Corp.

    Tara Gold is fully funded and currently focused on generating revenue in
2009 from the Don Ramon and Lourdes project owned 100% by its subsidiary
Tara Minerals Corp. The principal business of Tara Gold Resources Corp. is
the acquisition, exploration and development of high-quality precious
metals projects with potential for economic commercial value. For more
information, please visit the Company's web site at:
http://www.TaraGoldResources.com.

    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.

    

Contact:

Website: www.TaraGoldResources.com
Francis Biscan Jr.
Phone: (630) 462-2079
E-mail: Email Contact

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