Business
Tamino Minerals, Inc.'s Geologist Targeting 5 Rich New Properties Along With The Engagement Of A New Financial Advisor
Tamino Minerals, Inc.'s Geologist Targeting 5 Rich New Properties Along With The Engagement Of A New Financial Advisor.
About this update from Tamino Minerals Inc.
[{"type":"text","content":"\n \n Tamino Minerals, Inc. (OTC MARKETS: TINO), a Junior Exploration Mining \n Company that explores for precious minerals and other metals in the \n country of Mexico, announced today the targeting of 5 new exciting \n properties by its geologist and the engagement of a financial advisor to \n assist the company with identifying and evaluating strategic growth \n options to maximize value for the company's stakeholders.\n \n \n Pedro Villagran-Garcia, President and CEO of Tamino Minerals, Inc., \n said, \"Our differentiated approach toward exploring for Mexico’s Natural \n Resources has made effect in the Market already. Our Board of Directors \n is undertaking this review to identify the best way to maximize the \n value of our assets for our stakeholders given our current financial \n position and market dynamics in the Mining Exploration Industry.\"\n \n \n The company´s financial position has vastly improved as we are making \n this transition. New shareholders have been an integral part of our \n growth and expansion. The company is still negotiating an ongoing \n financing with a very reputable institutional entity. We will soon make \n a much more detailed announcement on this matter.\n \n \n The geologists are exploring properties across multiple states: \n Michoacán, Oaxaca, Zacatecas, Guerrero, Sinaloa and Sonora.\n \n \n In particular, the focus is on: Copper and Silver Porphyries, epithermal \n Gold and Silver, Iron Ore and Baryte.\n \n \n Silver demand continues to rise with supply lagging behind, pushing the \n price of Silver up over 200% in the past 10 years.\n \n \n Mexico is the 10th largest Gold producer, with production approaching \n 100 tonnes per year, worth about $5 Billion annually.\n \n \n Internationally, the market for Copper is one of the largest of all \n metals behind iron and aluminum, over $150 billion annually, with \n China's demand a whopping 43% (Source:ICSG and IMF). Porphyry ore-bodies \n (the largest source of copper ore) can be economic from copper \n concentrations as low as 0.4% copper.\n \n \n For more information on this news release feel free to contact our \n President & CEO, Mr. Pedro Villagrán-García, Professional Engineer and \n Master in Business Administration.\n \n \n Forward Looking Statements\n \n \n Certain information contained in this press...