SOURCE: Tao Minerals Ltd.

June 26, 2008 10:25 ET

Tao Minerals to Make Major Announcement Regarding Status of the El Colmillo Mine

MEDELLIN, COLOMBIA--(Marketwire - June 26, 2008) - Tao Minerals, Ltd. (OTCBB: TAOL) is pleased to make notice of a forthcoming announcement to be made on Monday June 30, 2008, which will provide detailed information regarding the status of Tao's El Colmillo Mine property, including plans for the upgrade of the mine and information regarding its operation.

Tao recently announced that, to facilitate its business operations (including equipment purchases and property acquisitions) in Colombia, it is acquiring Minera Tao, SA, which will become its wholly owned Colombian subsidiary and will hold all of its Colombian concessions and interests on its behalf. This is a major step forward that will allow the company to maximize the efficiency/effectiveness of its operations within the context of Colombia's regulatory and business environment.

In a news release dated May 1, 2008, the company released detailed information regarding the upgrades to be made to the El Colmillo Mine. Mine development costs, recovery plant modification costs and the cost of 6 months of mine operation are estimated at $391,500, with a 30% contingency allowance producing an overall total cost of $509,000. It was noted in the release that these activities are scheduled to begin upon receipt of the second tranche of a $1,000,000 financing previously completed by the company.

In a previously announced report to the company by Duncan Bain, P. Geo. describing the mineralization of the El Colmillo Mine, it was noted that there were 3 veins in the mineralized zone and that historical production ore grades (production utilizing primitive methods) have varied between 10 and 50 grams of gold per ton of ore.

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 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. 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 2007 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time to time with the Securities and Exchange Commission.

James Sikora
President & CEO

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