Tao Minerals Ltd.

Tao Minerals Ltd.

April 19, 2011 09:03 ET

Tao Minerals Ltd. Receives Security Report on Mutata Property

MEDELLIN, COLOMBIA--(Marketwire - April 19, 2011) - Tao Minerals Ltd. (PINK SHEETS:TAON) is pleased to announce that Britanico Security Group has completed their security assessment of the Mutata gold and platinum property and provided the Company with a detailed final report. This review process, commenced in December 2010, included a thorough investigation of the overall security climate in the Uraba region, meetings with local political and military contacts, and on-site visits by Britanico's team. Britanico employs a highly trained group of security professionals, mainly ex-British Special Forces, who have many years of experience in risk management and security within South America, the Middle East, and Europe.

Logistical challenges and security risks are present in many parts of Colombia and Latin America in general, and the Mutata area is no exception, but the Britanico report details many positive attributes and developments including:

  • The security situation in the Uraba region has improved significantly due to the government's very successful Plan Colombia program
  • The Colombian Army has a strong presence in the area, including a base located in the Mutata municipality
  • The Mutata Army base includes a helicopter landing area which can be used by Tao Minerals for secure transit of precious minerals and personnel
  • The Colombian government and local Army contacts have offered assistance to mining companies including Tao Minerals to ensure secure and successful business activity
  • The local population are very supportive of new mining operations due to expanded employment opportunities and the resulting positive impact on their economy

The Britanico security report, along with the ongoing first phase geophysical review and sample testing, are part of Tao Minerals' due diligence process initiated after the Company entered into a letter of intent to purchase this highly prospective gold and platinum property.

About Tao Minerals:

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. As a corporation, Tao has firmly established itself in Colombia over the past five years, becoming fully adept with the legal and political processes required and hiring highly qualified personnel in the geological, legal and security professions. Arriving early to the boom in the expansion of natural resource development in Colombia has enabled Tao to firmly establish itself in Colombia.

Investors are encouraged to visit the corporate website at: www.taominerals.com.

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 of low cost opportunity, the final terms of the acquisition and the gold production of the property to be acquired.

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. 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.

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