Tara Minerals Corp. announced that a drill program to define the veins at depth and to map them underground has begun. The short-term priority for the program is to further delineate the exposed veins.

In addition, ongoing exploration work has resulted in the uncovering of new mineralized structures and the discovery of additional historical workings. Assays from the mineralized portions of the structures are consistent with the average 0.5 oz/t gold found in the priority veins. The Ponderosa Project consists of 6,721 acres of both patented and unpatented mining claims in central Idaho, USA.

The optioned claims include previously mined veins with historic sampling of the exposed outcrops averaging 0.5 oz/t gold.