Tao Minerals Ltd.
OTC Bulletin Board : TAON

Tao Minerals Ltd.

June 09, 2010 08:30 ET

Tao Minerals Ltd. Hires Britanico Security Group to Provide Security Services for El Colmillo Gold Mine

MEDELLIN, COLOMBIA--(Marketwire - June 9, 2010) - Tao Minerals Ltd. (TAO) (OTCBB:TAON) announces today that it has entered into an agreement with Britanico Security Group to provide full security services as it prepares to resume mining operations at the El Colmillo Gold Mine project. Britanico Security will provide Tao with a full security assessment and a full security plan for the El Colmillo mine site. In addition, Britanico will liaise with the Colombian army stationed in the local area and have a PSD (personal security detail) and Static security at the mine location protecting all assets and personnel. Britanico will provide a trauma and tropical medicine specialist as part of the team to provide a first response and short term critical medical assistance and basic polyclinic services on the mine location. Britanico's security team consists of British and American expats with extensive global security experience as well as Colombian private security personnel.

Tao's primary commitment is focused on the initiation of operations of the El Colmillo mine, which offers the potential to quickly provide a strong revenue stream as Tao moves forward to becoming a growth oriented gold producing company. Tao geologists estimate that a substantial amount of gold could be produced from the known mineralization at the El Colmillo project. No value has been placed on additional revenue from any additional precious and base metals that are contained in that ore. The gross value could 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.

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 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 receipt of further funds from the equity financing, the use of the funds received from the equity financing for operational costs at the El Colmillo gold mine, the extent to which such funds will cover operational costs or upgrades, or that mine operations will commence or be upgraded. 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.

Contact Information