www.analystresearchreport.com, TAOL : Report confirms Camelia is an excellent addition to our growing portfolio of high-potential gold projects. (29-JUN-06) M2 Presswire

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www.analystresearchreport.com, TAOL : Report confirms Camelia is an excellent addition to our growing portfolio of high-potential gold projects.

Publication: M2 Presswire

Publication Date: 29-JUN-06

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M2 PRESSWIRE-29 June 2006-Iron Consulting: www.analystresearchreport.com, TAOL : Report confirms Camelia is an excellent addition to our growing portfolio of high-potential gold projects(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:30062006

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Featured Stock: TAO MINERALS LTD Ticker Symbol: TAOL Current Price (0.74)

Tao Minerals Announces Completion of Preliminary Project Report for Camelia Gold Property Confirming Positive Results

Wednesday June 28, 4:10 pm ET MEDELLIN, Colombia - Tao Minerals Ltd. (OTCBB:TAOL - News) announced that the preliminary project report on the potential acquisition of the Camelia gold property per the Letter of Intent ("LOI") announced June 26th indicates favorable results. The preliminary geology report for the Camelia project confirms extensive vein systems and significant mineralization.

Earlier this week Tao Minerals announced the execution of a non-binding Letter of Intent with Minera Tao S.A. to acquire the Camelia mining project, a large gold property covering 45 hectares (or 111 acres). Negotiations regarding the acquisition are in the final stages.

According to the preliminary geology report prepared by Duncan Bain, certified professional geologist and Director of Tao Minerals, the Camelia project is composed of Dagua Group Upper Cretaceous quartzites and siliceous siltstones intruded by a granodiorite plug and contains a wide mineralization zone. There are at least three different crosscutting vein sets. The principal vein ranges between 0.4 m and 2.0 m in width. Other veins range between 3 and 20 cm (or more) in width. All carry some sulphides, and free gold was seen in both quartz and with the sulphides. Disseminated sulphides were seen in the host rock sediments, and these will probably contain low-grade...

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