June 21, 2006 10:47 ET

(OTCBB: TAOL) Growth Stock Initiates Coverage -- Market Advisors Price Target of $2.75

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- June 21, 2006 -- Tao Minerals Ltd. (OTCBB: TAOL) is a gold exploration company focused on acquiring and developing mining properties in Colombia. The company has acquired and begun sampling at its Golondrina gold and silver property where final results from its recent trenching program indicate multiple high-grade gold values up to 72.87 grams per tonne.

Tao Minerals is not testing to determine whether gold-silver exists in the property -- local artisan miners have been producing as much as 100 grams of gold per tonne from Golondrina's more concentrated vein structures using rudimentary manual extraction methods. Instead the company is working to determine precisely how rich and extensive the deposits are.

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Other active stocks are Battle Mountain Gold Exploration Corp. (OTCBB: BMGX), Minera Andes Inc. (OTCBB: MNEAF) and Royal Standard Minerals Inc. (OTCBB: RYSMF).

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