TAON MONSTA MINING NEWZZZ Enters Into Negotiations to

New Post Public Reply Private Reply Replies (0) Message Board
Compensated Post
shakerzzz

[b]TAON >> MONSTA MINING NEWZZZ >> Enters Into Negotiations to Acquire Large Mining Concession in Sur de Bolivar, Colombia[/b]

2012-12-06 08:33 ET - News Release


MEDELLIN, Colombia, Dec.  6, 2012 /PRNewswire/ -- Tao Minerals Ltd. (TAO) (OTCQB: TAON) is very pleased to announce that it is in negotiations to acquire a large mining concession in the Sur de Bolivar (South Bolivar) region of Colombia. Government recorded gold production from the region, between 1987 and 1994 is ca. 1,271,000 ounces of gold, and the region is presently reporting the highest annual gold production in Colombia, averaging ca. 275,000 ounces per year since 1991.

Additionally, Tao reports that Britanico Security Group (BSG) will commence a full security review of its El Colmillo gold project. BSG will compile their findings along with intelligence reports provided by the Colombian army, local police agencies and available foreign intelligence as part of this undertaking. The El Colmillo Mine concession is located in eastern Antioquia department.  Tao acquired the El Colmillo property in 2007 but continuous security concerns for the surrounding region have caused Tao to engage BSG for the security review. 

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 in a socially and environmentally responsible manner. As a corporation, arriving early to the boom in the expansion of natural resource development in Colombia has enabled Tao to establish itself in Colombia over the past five years, becoming adept at the necessary legal and political processes and hiring highly qualified personnel in the geological, legal and security professions.

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 2011 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 A. Sikora

President & CEO

Tao Minerals Ltd.

Medellin, Colombia      

1-877-331-8777

SOURCE Tao Minerals Ltd.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cleaner Air in Bedroom May Stabilize Blood Sugar Levels

Updated Category News Views 296

Imagine a world where simply sleeping in cleaner air could affect your blood sugar. Seems far-fetched, I know. But that's where we're at with this new study out of NYU Langone Health. They're talking about using plain ol' portable air filters to help steady blood sugar levels for folks dealing with prediabetes. Turns out a cleaner bedroom might just hold the key to taming...

Continue Reading
JNJ's Dual-Antigen Therapy Shows Promise in Prostate Cancer

Updated Category News Views 245

Exploring a New Front in Cancer Treatment Johnson & Johnson (NYSE: JNJ) just dropped a bombshell at the Society for Immunotherapy of Cancer (SITC) 2026 Annual Meeting, unveiling data that could reshape prostate cancer care. Their pioneering combo of pasritamig and JNJ-9401, a dual-antigen-targeted therapy, has the scientific community buzzing. Yeah, it's just Phase 1 baby...

Continue Reading
Allergan Aesthetics Study Shows Rising Patient Satisfaction

Updated Category News Views 344

Enhanced Patient Satisfaction with Aesthetic Treatments Dive into the latest studies from Allergan Aesthetics—AbbVie's heavyweight in the beauty battleground. If you've got an ounce of optimism left in this market, their recent findings might just lift your spirits. Phase 4 studies, namely HARMONY IN DIVERSITY and HALO, are showing highly positive results among patients...

Continue Reading
MWC26 Doha: Bridging Standards for MENA's Future

Updated Category News Views 477

MWC26 Doha Launches with a Connectivity Mission Forget corporate boardrooms; the real action this week is unfolding in Doha's bustling exhibition halls. Kicked off with the fanfare you'd expect from such a key event, MWC26 Doha has drawn a crowd that's got both tech geeks and policy wonks nodding with interest. This ain’t your average trade show: it’s the melting pot...

Continue Reading
Innovent's SINTBILO® Hits Primary Endpoint in Study

Updated Category News Views 20

Innovent's Latest Breakthrough with SINTBILO® One moment you're sipping coffee, the next you're staring at a clinical milestone. Innovent Biologics has shouted from the rooftops that their drug, SINTBILO® (tafolecimab injection), has wrapped up its Phase 3 CREDIT-5 study, snagging the primary endpoint with both hands. This isn't just any drug; it's marked as the first...

Continue Reading
CureGene's Evategrel Aims for Breakthrough in Stroke Care

Updated Category News Views 42

Revolutionizing Stroke Care: Enter Evategrel When it comes to strokes, time is money—and I'm telling you, this ain't an area where you can afford to twiddle your thumbs. The faster you can get that blood flowing again, the better the chance you've got of walking away with less damage. That's where CureGene's new investigational drug, Evategrel, comes in. Why Evategrel...

Continue Reading
D-Wave's Legal Trouble: Securities Fraud Suit Looms

Updated Category News Views 294

A Looming Legal Storm for D-Wave Investors Call it another day, another legal tangle in the investing world. This time, it's D-Wave Quantum Inc. (NASDAQ: QBTS) on the receiving end of a securities fraud class action lawsuit. Yeah, those fancy quantum computers they're pushing didn't predict this one coming. The legal arena is getting ready for a bout, and if you've got...

Continue Reading
Novo's Semaglutide Shows Promise in MASH Study

Updated Category News Views 317

Semaglutide, a name on the lips of many investors looking for breakthroughs, is making waves again. This time, the stir comes from recent findings in the MASH field, and it's got folks in white coats quite excited. Revolutionary Results from Novo Novo Nordisk has announced promising results from their phase 3 ESSENCE trial that looks into semaglutide's effects on a...

Continue Reading
Gildan's Crisis: Investors Face Losses Amid Lawsuit

Updated Category News Views 214

Gildan Investors, Brace Yourself Poor old Gildan Activewear finds itself in hot water again, with a class action lawsuit cropping up like an unexpected storm on farmers' day. Any traders remotely involved with NYSE:GIL should pay damn close attention, because with a December 14, 2026 deadline looming, it's crunch time. The Root of the Lawsuit The plot thickens here,...

Continue Reading
Intelligent Communication Forum Eyes Global Ecosystem Shift

Updated Category News Views 572

China's Grand Vision for Intelligent Communication You know what they say about big ideas—they start in the most bustling of places. And here we are in Wuxi, a city's pulse pounding with ambition, hosting the 2026 China International Intelligent Communication Forum. Picture it: From November 8th to 10th, movers, shakers, and visionaries are scribbling new blueprints for...

Continue Reading

Top 5 Most Recently Viewed Articles

Kay Properties Launches Unique Multifamily Investment Opportunity

Updated Category News Views 107

Introducing a Unique Investment Opportunity Kay Properties & Investments has just added an exciting asset to its online 1031 Exchange Delaware Statutory Trust (DST) marketplace. This offering, known as "The Peanut Factory Lofts," is a revitalized multifamily property that stands out due to its innovative design and strategic location. About the Peanut Factory Lofts The...

Continue Reading
Enhancing Contractor Safety: TAQA North Partners with ISN

Updated Category News Views 239

TAQA North and ISN Collaborate for Enhanced Safety TAQA North Ltd has teamed up with ISN to boost contractor safety standards and compliance processes. ISN is known for its expertise in contractor management, helping organizations optimize their operational efficiency. This partnership is a significant milestone for TAQA North, a key entity in Canada's oil and gas...

Continue Reading
Compass Therapeutics: Q3 2025 Financial Highlights and Pipeline Update

Updated Category News Views 270

Financial Results and Clinical Developments Compass Therapeutics, Inc. (Nasdaq: CMPX), a dynamic biopharmaceutical company focused on oncology, has recently unveiled its financial results for the third quarter of 2025, highlighting significant progress in their clinical pipeline. The company continues to make strides in developing innovative antibody-based therapies aimed...

Continue Reading
Magna International Plans Third Quarter Results Announcement

Updated Category News Views 96

Magna International Inc. (TSX: MG) (NYSE: MGA) stirred up chatter among traders with their impending Q3 2024 results call scheduled for November 1, 2024. Now, if you’ve been in the trenches long enough, you know these calls can be a wild ride—especially when investors are itching to uncover how a company’s really performing behind the PR curtain. What to Expect from...

Continue Reading
TransUnion's President to Feature at Barclays Financial Event

Updated Category News Views 251

TransUnion to Present at the Barclays Global Financial Conference TransUnion (NYSE: TRU) is making headlines as Chris Cartwright, the President and CEO of the company, prepares to showcase the organization's mission and vision at the Barclays Global Financial Services Conference. This prominent gathering is set for September, providing an excellent platform for industry...

Continue Reading