TORONTO, ONTARIO, Nov. 30, 2010 (Marketwire) -- Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Company") is pleased to announce that it has increased its Whisker Valley land holdings at Baie Verte, Newfoundland by 31.7%, to 869 claims for a total of 21,725 ha. (217 sq. kms).
Based upon the favourable 2010 work program, which consisted of line cutting, trenching, 44 grab samples over several license areas which revealed anomalous gold with results ranging from 0.503 g/t Au to 46.19 g/t Au in outcrop and float samples of which float sample 11057 contained 46.19 g/t Au, 141.90 g/t Ag and 3.4% Cu. and assays which also indicated varying concentrations of gold, copper, molybdenum and zinc and a 15 km Induced Polarization Survey as well as a 1,000 m diamond drill program, Tawsho acquired the additional property, substantially expanding its holdings at Whisker Valley, Baie Verte, Newfoundland.
"The objective of these property additions is to make the Whisker Valley property more contiguous with respect to the underlying geological structure which the Company has discovered and thus enhance the overall value of the property," stated Michael Avedesian, CEO.
ABOUT TAWSHO MINING INC:
Tawsho is a mining exploration company focused on the acquisition, exploration and development of gold resources and advanced stage gold exploration projects. The Corporation is presently engaged in developing its projects in the Chevrier Region of Quebec and in Whisker Valley, Baie Verte, Newfoundland. Tawsho currently has approximately 22 Million shares outstanding.
Neither the TSX Venture Exchange nor its Regulations Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Tawsho Mining Inc.