Tao Minerals Updates on Las Aguadas Project in Colombia
Tao Minerals has inked a letter of intent (LOI) to partner with Bullet Holding of Medellin in Colombia and updated about the Las Aguadas project.
The company prospected the Bullet JV properties over an area around 12 km x 12 km in March and April 2011 to the east and north of the Las Aguadas town, which included a surface rock sampling and stream sediment sampling survey. The sampling program comprised 89 stream sediment samples and 16 rock samples at different sites in the Sonson Batholith structure to discover potential targets for additional exploration. The rock chip and stream sediment sampling program results discovered several anomalous zones, which are potential regions subjected to the comprehensive exploration.
The stream sediment sampling confirmed gold, silver, manganese, barium and zinc anomalies from the 89 samples, with the same encouraging results from the 16 rock chip samples. These results show the occurrence of polymetallic deposits and veins of sulphide complexes. Additionally, the existence of local natives panning the gold placers in the region is confirming the occurrence of gold mineralization at the interest area.
The CEO and President of Tao, has stated that the primary sampling results are encouraging and validate additional exploration in this area. The company is waiting for the beginning of a more comprehensive exploration program after the formalization of the joint venture’s definitive agreement.
Written by
Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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