Tao Minerals Provides Update of Mine Progress and Posts New Photos of Its El Colmillo Gold Mine on Websiteadmin
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 of the new generation plant (packaged for delivery to the mine), the existing generation plant in the process of overhaul, the new freezer for the mine kitchen, ore being transported from a new secondary tunnel and the newly cleared and repaired main tunnel entrance.
Minor delays in the completion of repairs to the mine access road have held up the delivery of the new electrical generation plant and the Jaw Crusher, which is being temporarily stored in Medellin. Meanwhile, all electrical equipment is being repaired and updated as necessary, including an overhaul of the existing generation plant, so that, with the arrival of the new plant, the mine will now have a back-up electrical power capability.
The mine currently has 15 workers on site and ore is being accumulated from the secondary tunnel. Mining of ore from the primary tunnel is awaiting the availability of electrical power so that it can be pumped free of accumulated residual ground water.
“While we regret that delays in the completion of repairs to the mine access road have slowed down our progress at El Colmillo a bit,” commented James Sikora, CEO of Tao, “we continue to move forward with ore extraction and to work on completing our preparations to initiate processing as quickly as possible.”
The new mine photographs can be viewed in the El Colmillo section on the Tao Minerals website at www.taomining.com.
Tao Minerals 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.