Showing posts with label Tao Minerals Ltd. (OTCBB: TAON). Show all posts
Showing posts with label Tao Minerals Ltd. (OTCBB: TAON). Show all posts

Monday, May 10, 2010

Mining Stocks News; Tao Minerals Ltd. (OTCBB: TAON) Retains Highly Respected Colombian Legal Firm

Tao Minerals Ltd. (OTCBB: TAON) Retains Highly Respected Colombian Legal Firm

MEDELLIN, COLOMBIA - May 10, 2010 (Investorideas.com Mining stocks Newswire) - Tao Minerals Ltd. (Tao) (OTC.BB:TAON) is pleased to announce that it has retained the highly respected Colombian legal firm of Gutierrez Marquez Asesores S.A. to represent Tao in all aspects of applicable Colombian law pertaining to Tao's operations in Colombia. Headquartered in Medellin, Gutierrez Marquez Asesores S.A was established in August 1977 with the purpose of providing consulting services specializing in accounting, tax, audit, tax inspection and legal assistance in employment areas, commercial and social security. James Sikora Tao President and CEO said, "We are confident in the integrity of the legal and regulatory system in Colombia and want to assure our investors and shareholders that Tao will be well represented by Gutierrez Marquez Asesores S.A. in our continuing quest to acquire, explore, develop and commercialize our present gold properties and any new property acquisitions in Colombia."


Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia doing so in a socially and environmentally responsible manner.



Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the expectation that the proposed joint ventures will be completed, and the expectation that the security situation at El Colmillo will be resolved and that mine production will go ahead as planned at the El Colmillo Gold Mine. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include among others, the inherent uncertainties associated with mineral exploration and mine development. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2009 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.



James Sikora, President & CEO

Tao Minerals Ltd.
Medellin, Colombia
Contacts:

Tao Minerals Ltd.

James Sikora
President & CEO

1-877-331-8777

www.taominerals.com



Disclosure: TAON is a paid advertising client on Investorideas.com and our mining portals.



Visit the TAON showcase profile at Investorideas.com
http://www.investorideas.com/CO/TAON/


Request News and Info on TAON

Published at Investorideas.com and www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.

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Friday, April 30, 2010

Mining Stocks; Tao Minerals Ltd. (OTCBB: TAON) Provides Update on Corporate Activities

Tao Minerals Ltd. (OTCBB: TAON) Provides Update on Corporate Activities



MEDELLIN, COLOMBIA - April 30, 2010 (Investorideas.com Mining stocks Newswire) - Tao Minerals Ltd. (Tao) (OTC.BB:TAON) is pleased to provide an update of its operations and corporate activities. In the past six months Tao has undergone a complete reorganization. This was done to provide more attractive financing options as the company moves forward focused on development and production at its El Colmillo Gold project. Market conditions for financing have improved and specifically recent successes by companies such as Ventana Gold Corp. have improved the financing prospects for other mining companies in Colombia. Tao will be providing an update of its financing activities in the near future.
The International Finance Corporation (IFC), an investment branch of the World Bank has identified Colombia as a primary target for mining investment because of the potential for substantial economic impact from the mining sector. The Colombian government has been recognized as one of the best pro-business reformers globally in recent years by the World Bank and with the country gaining economic stability, new legislation provides foreign investors with a high degree of legal protection and security.


Tao believes that the security situation at its El Colmillo gold project in Colombia has continually improved during the time frame under which the company has been reorganized. As previously announced on April 6, 2009 Tao was working with federal and local authorities to improve security in the area and specifically the El Colmillo Gold Mine. Local mayors and townspeople who were employed at the mine site have exerted considerable political influence on the Colombian government to clean up the situation with the guerrillas in the area and are encouraged by the response from all authorities involved. Significant progress has been made and subject to a third party security assessment Tao is poised to resume operations and move the project to the production stage. The project will provide local employment and plans are moving ahead to upgrade the roads to this remote area to allow federal security forces access to the mine site greatly improving response times should the company experience any further security issues.



Tao Minerals Ltd. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Colombia doing so in a socially and environmentally responsible manner.



Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the expectation that the proposed joint ventures will be completed, and the expectation that the security situation at El Colmillo will be resolved and that mine production will go ahead as planned at the El Colmillo Gold Mine. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include among others, the inherent uncertainties associated with mineral exploration and mine development. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2009 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.



Contacts:

Tao Minerals Ltd.

James Sikora

President & CEO

1-877-331-8777

www.taominerals.com



Disclosure: TAON is a paid advertising client on Investorideas.com and our mining portals.
Visit the TAON showcase profile at Investorideas.com
http://www.investorideas.com/CO/TAON/
Request News and Info on TAON

Published at Investorideas.com and http://www.gold-miningstocks.com%20and/ www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
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More mining stocks info:
Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp

Wednesday, April 28, 2010

Gold Stock Profile for Tao Minerals Ltd. (OTCBB: TAON) at Investorideas.com

Gold Stock Profile for Tao Minerals Ltd. (OTCBB: TAON) at Investorideas.com


Tao Minerals focuses on Gold Exploration in Columbia
Point Roberts WA, April 28, 2010 – (Investorideas.com Mining stocks Newswire) www.InvestorIdeas.com and its leading mining investor portals, www.Gold-MiningStocks.com and www.MiningSectorStocks.com announce the new profile for showcase gold stock Tao Minerals Ltd. (OTCBB: TAON).

Showcase Gold Mining Stock Tao Minerals Ltd. (OTCBB: TAON)

Tao Minerals Ltd. (OTCBB: TAON) is a junior exploration company based in Medellin, Colombia. Tao is successfully positioning itself as a leader in gold exploration in Colombia through key acquisitions of properties with exceptional potential for low extraction cost deposits. Tao's focus in calendar 2010 is on the upgrading and initiation of operations of its El Colmillo mine, which offers the potential to quickly provide a strong revenue stream, able to fund exploration activities on the estimated high grade gold deposit of its Golondrina property and finance additional acquisitions, while greatly enhancing shareholder value.

From the Profile :

http://www.investorideas.com/CO/TAON/

The Opportunity:

Colombia, for many years was a diamond in the rough, with known mineral reserves, oil and gas and coal has in recent years become the focus of the world in Latin America. Jumping a massive 42 positions in international ranking in three short years has brought foreign investment and tourism to the country for the first time in decades. A focus of President Alvaro Uribe, now in his second term, was to bring the world's attention to Latin America and especially Colombia. He has been publicly recognized as a supporter of the US war on drugs by continually implementing the anti-drug strategy of Plan Colombia, which infiltrates and shuts down the funding of guerilla terrorists. He is recognized as a supporter of the US war on terror. As well as the implementation of free trade agreements with the U.S and recently Canada, while maintaining generally positive diplomatic relations with Spain and most Latin American nations. These several points have all contributed to Colombia once being a considered a third world country to a new destination both for foreign investment and travelers in the international eye.



Mining Accounts for 20% of Colombian Exports, Rich in gold, silver, nickel copper and coal. Mining companies exported over $5.7 billion USD in 2007 .Having a GDP of $182 billion USD, an economy the size of Belgium's, and despite a worldwide recession, The IMF has predicted a 5% growth in 2010. Strong fundamentals encase the country, receiving growing attention from global investors. Foreign investment was up 373% between 2000-2007 despite a fluctuating and receding world economy. In recent years companies such as B2Gold Corp and Greystar Resources have had much success in past years, B2gold has extracted over 306 million tons of ore.



In 2009, demand for gold remained above the $US100 billion mark for the second year in succession against the backdrop of continued turbulence in financial and commodity markets. This resilience in demand was achieved in the context of average gold prices 12% higher than those in 2008, at $US972.35/oz. Investment demand for gold remained very strong in the second quarter of 2009, rising 46% on year earlier levels as investors continued a flight to quality. China's demand for gold will double in 10 years, making the country the world's second largest consumer of gold after India, the World Gold Council (WGC) has said. In 2009, gold consumption in China reached 462 tons, which was worth more than $14 billion, or 11 per cent of global demand. India is the largest consumer of gold in the world. Gold is a major vehicle of saving for large number of low and mid income households in rural and urban areas, out weighing china in 2009 by almost 20%. The gold industry in India employs about half a million people with a turnover more than US $20 billion. Almost all of India's gold demand is met by imports


The Properties:

The claim concession covers an area of over 296 hectares. Upon testing, two main veins consisting of milky white quartz have been found. The first apt fully named El Colmillo has a vein with a thickness between 0.20M and 3.2M with a distance of 300m with potential to extend for an additional 1.2 km from recognized faults and testing. The next vein named La Muela is located approximately 600 m to the west of El Colmillo. With a vein thickness of 0.1mand 0.5m the La Muela vein is of recognizable size as well. There are also other unnamed, but recognized veins on the property.



If only the two main veins El Colmilla and La Muela are considered, with both having regional continuity, assuming a grade average of 10/g/T gold and a down-dip continuation of mineralization for 300 m, the total gold content (assuming a grade average of 10 gr/ton) and normal disseminated wall rock mineralization, it is estimated that approximately 900,000 ounces of gold could be produced from. Current gross value of that ore is estimated to be $810 million at a gold value of $900US per ounce. No value has been placed on additional revenue from any additional commodities contained in the ore. The gross value can be increased significantly by the probability of the existence of additional sub parallel veins, as well as by continuity of all mineralized structures along strike both to the north and south of the known workings.

Visit the full company profile at Investorideas.com: http://www.investorideas.com/CO/TAON/


Visit the company website at: http://www.taominerals.com/
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Contact Tao Minerals Ltd

Investor Relations:

1-877-331-8777

info@taominerals.com
For Additional Information about Investorideas.com mining portals:

C Van Zant:– cvanzant@investorideas.com

Source – Investorideas.com


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