AnalystResearchReport.com Announces (OTC: TAOL) Profile Coverage (MRW)
(CybeRelease, June 20, 2006) - Lake Harmony, PA - Tao Minerals Ltd. (“Tao Minerals”) (OTCBB: TAOL): Tao Minerals is pleased to announce that it is in the final stage of acquiring two Exploitation (Mining) licenses covering two projects in southwestern Colombia. These two acquisitions are intended to complement the company’s Golondrina project and would allow for a large-scale processing plant in the area.
The company’s Chief Geologist, Duncan Bain, and Project Geologist, Carlos Acevedo, have just recently completed additional sampling and preparation of a near-term drill program to confirm tonnage and grades of these deposits. Phase one samples of the first property in April 2006 assayed between 1.5 to 4.8 g/Au/tonne. This project has excellent exposure with little overburden, allowing close inspection of the vein systems in the host rock. A combination of gold in veins, crosscutting veinlets, and gold disseminated in the host rocks makes bulk mining of relatively low-grade ore possible.
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