SOURCE: Tao Minerals Ltd.

September 11, 2008 09:30 ET

Tao Minerals Details Final Preparations for the Initiation of Operations at Its El Colmillo Gold Mine

MEDELLIN, COLUMBIA--(Marketwire - September 11, 2008) - Tao Minerals, Ltd. (OTCBB: TAOL) is pleased to provide the following information with regard to the company's final preparations leading to the start-up of operations, targeting an initial Phase I production level of 20 tonnes of ore per day, at its El Colmillo Gold Mine. The company has ordered and is awaiting the delivery of an electrical generation plant, a jaw crusher and a mine ventilation system. Project manager, Juan Fernando Restrepo, has begun the task of selecting and hiring the personnel necessary to operate the mine and recovery facility at the initially targeted production level. As of today, seven applicants have been accepted for positions as mineworkers in this ongoing process.

Tao is projecting that initial mine production will begin within approximately 60 days, assuming timely delivery of the equipment listed in the foregoing. Once the mine is in operation at the Phase I production level, Tao will review and refine its plans for the timing and execution of second and third phase production increases, with an optimal third phase mining/processing target of up to 100 tonnes of ore per day.

James Sikora, CEO of Tao, commented on the progress at El Colmillo, "The process of bringing our first producing property into operation has taken longer than we initially anticipated, but the finish line is in sight and we firmly believe that production results from El Colmillo will soon validate our selection and development of this property... that success, in turn, should serve to benefit our shareholders through share price appreciation. We will be providing more progress reports in the weeks to come as we complete our preparations."

About Tao Minerals, Ltd.

Tao Minerals (OTCBB: TAOL) 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 2008 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.

Notice Regarding Forward-Looking Statements

This current report 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, including but not limited to, the start up of the El Colmillo Gold Mine, that the Phase 1 initial production may be 20 tonnes per day, the receipt of the equipment that has been ordered for the mine, the hiring of the necessary personnel for the operation of the mine, that initial mine production will begin within approximately 60 days, the timing and execution of second and third phase production increases, or an optimal third phase mining/processing target of up to 100 tonnes of ore per day.

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. We are not in control of metals prices and these could vary to make development uneconomic. 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 most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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