Tao Minerals Update to Security Situation on El Colmillo Mine

Mining exploration and development company Tao Minerals announce an update on the security situation in El Colmillo Mine. Tao Minerals has been diligently working with local authorities on the national, departmental and civic stages to improve the security in the area. Progress has been made due to diligent work by local mayors who are keen to see the project go ahead and provide employment in this... 

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Tao Minerals Announces Security Concerns at El Colmillo Gold Mine

Tao Minerals, Ltd. announces that due to security concerns at the El Colmillo Gold Mine, it has temporarily suspended further mining operations. Tao employees have been confronted by ELN guerilla forces at the mine site, who have been active in the region. Tao has reported these events to the Colombian authorities, and until such time as the security status of the region improves, operations will remain... 

Tao Minerals Provides Update of Mine Progress and Posts New Photos of Its El Colmillo Gold Mine on Website

Tao Minerals, Ltd. announce that it has posted current photos of its El Colmillo Gold Mine on its website. El Colmillo is now ramping up for full ore extraction and processing operations at Phase I (20 tonnes of ore per day) production levels. The photos show new facilities including those for the electrical generation plant, electrical distribution panels and the air compressor. Also posted are photos... 

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Tao Minerals Provides Update of Operations at Its El Colmillo Gold Mine

Tao Minerals, Ltd. announce the following operational activities at its El Colmillo Gold Mine property. Mining and accumulation of ore is underway. Access road improvements and maintenance are nearly completed. Roadwork completion will allow for the delivery of the electrical generation plant, which is on hand, and the Jaw Crusher for the processing plant, which is in Medellin, awaiting transport to... 

Tao Minerals Announces Receipt of $100,000 Tranche, Completing Funding From $500,000 Financing Agreement

Tao Minerals, Ltd. report that it has received a tranche of $100,000 from a $500,000 financing agreement previously announced in a news release dated June 5, 2008. This $100,000 constitutes the final payment from the lender under the agreement and satisfies the lender’s commitment to Tao under that contract. Tao will utilize funds from this tranche for corporate expenses and the funding of mine... 

Tao Minerals Provides Update on $1 Million Financing Commitment

Tao Minerals, Ltd. provide update regarding the status of the company’s current financing arrangements. Tao and the lender of the $1,000,000 financing previously announced in a news release dated April 10, 2008 have jointly agreed to the cancellation of that agreement. Due to the cancellation of the agreement, Tao will not be filing the registration statement required by the terms of that financing.... 

Tao Minerals to Begin Mining Operations at Its El Colmillo Gold Mine

Tao Minerals, Ltd. announce that it will be initiating mining operations at its El Colmillo Gold Mine in early October. According to project manager, Juan Restrepo, P. Geo., the items of equipment, including the electrical generation plant, necessary to begin ore extraction operations are either already on site or in shipment, with arrival due shortly. The jaw crusher, critical to the operation of... 

Tao Minerals Announces Phase 1 of the Upgrade of El Colmillo Gold Mine

Tao Minerals, Ltd. is pleased to announce that it is beginning the execution of its plan to upgrade the El Colmillo Gold Mine. On July 16, 2008, through our majority owned subsidiary Minera Tao S.A. (“MT”), we entered into an amended option agreement with Agrominas De Colombia, LTDA (“AC”) to acquire 80% of a mining interest called El Comillo in Antioquia Colombia. The agreement...