***** TAO PR Released******
Tao Minerals Updates Project at Golondrina Property, Colombia
Tao Minerals Ltd. ("Tao") (OTCBB:TAOL) reports today that it has received the final concession contract, from Ingeominas department of the Colombian government for the Golondrina Project. This contract is another important milestone in solidifying Tao´s position in the Golondrina project. Tao Minerals is currently seeking financing with the previous initial financiers and expects to make an announcement shortly on a further financing. This financing should allow completion of all phases of the project including current phase two trench excavations, cartography and sampling analyses, phase three and phase four rotator diamond drill program costs, along with all camp and manpower costs. As reported earlier the phase one trenching and sampling program at the Golondrina produced multiple high grade gold values up to 72.87 grams per tonne. Tao Minerals has a number of recent trench samples at the lab for analysis and expects to report on those within the next ten days.
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