Tao Minerals Ltd.

Tao Minerals Ltd.

May 05, 2011 09:01 ET

Tao Minerals Ltd. Reports New Mineralized Zones at Mutata Gold and Platinum Project

MEDELLIN, COLOMBIA--(Marketwire - May 5, 2011) -Tao Minerals Ltd. (TAO) (PINK SHEETS:TAON) is pleased to provide an update on the ongoing sampling program at the Mutata Gold and Platinum project. Senior Geologist, James A. McCrea has overseen this program along with Minera Primecap Geological Services (MPGS). Tao reported in February 2011 that the first phase sampling of the property has been completed and these samples have been shipped to the lab for assaying.

Tao has begun an extensive sampling program on newly discovered mineralized zones that have been exposed on the property. Samples have been taken from the two new work areas and from the mixed vein and sulphide material. Panned concentrates from both vein and alluvial material showed fine to medium gold as well as visible platinum. Tao is very pleased with these new discoveries and will continue sampling as quickly and efficiently as possible. These samples will be sent out for assaying and further updates will be reported as they become available.

The Mutata gold and platinum property presents an excellent low cost opportunity for Tao's goal of assembling a high quality portfolio of Colombian mineral properties. Preliminary reports conducted by geologists from the Colombia Institute of Geology and Mining, Ingeominas have reported the presence of gold and platinum on the concessions as well as copper in some areas.

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.

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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