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tawsho mining inc (TAW) Details

Tawsho Mining Inc. engages in the acquisition, exploration, and development of mineral properties for the mining of precious and base metals primarily in Canada. It primarily focuses on gold resources and advanced stage gold exploration projects. The company primarily holds interests in the Whisker Valley project comprising 764 claims covering an area of 19,100 hectares in Baie Verte, Newfoundland; the Chevrier project consisting of 557 claims covering an area of 9,542 hectares in the Chibougamau region of Quebec; and the Cabot property consisting of 102 claims covering an area of 2,550 hectares located in Baie Verte Peninsula, Newfoundland. Tawsho Mining Inc. is headquartered in Concord, Canada.

tawsho mining inc (TAW) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$26.5K
Compensation as of Fiscal Year 2012.

tawsho mining inc (TAW) Key Developments

Tawsho Mining Inc. Provides Exploration Update for its Cabot Graphite Property

Tawsho Mining Inc. provided an exploration update for its Cabot Graphite Property. The company has accepted a Metallurgical Operations Proposal from SGS Canada Inc. (SGS) to evaluate graphite samples from the Cabot Graphite Property located 10 km north of Baie Verte in Newfoundland. The study will determine the purity, grade and flake size distribution from a composite graphite sample taken from the previous drill program. The study is expected to be completed by June 2014. The company has engaged the geological services of Caracle Creek International Consulting Inc. (Caracle Creek) to complete the sampling program on the four previously drilled holes at the Cabot Graphite Property. Caracle Creek has taken 240 additional samples to be assayed and integrated with the previous assay results. Caracle Creek also noted that drillholes CB13-03 and CB13-04 ended in graphite indicating that the thickness of the zone may be greater than was originally thought. Caracle Creek has also taken a representative composite sample of the graphite for the SGS metallurgical study.

Tawsho Mining Inc. Auditor Raises 'Going Concern' Doubt

Tawsho Mining Inc. filed its Annual on Apr 28, 2014 for the period ending Dec 31, 2013. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Tawsho Mining Inc. Exploration Update for its Cabot Graphite Property and Chevrier Gold Property

Tawsho Mining Inc. provided exploration updates for its Cabot Graphite Property and Chevrier Gold Property. To advance the Cabot Graphite Property, Tawsho has initiated a sampling and assaying program to complete the sampling program of the previous drill program. During that program graphite content was unknown and sampling intervals were based on visual estimates of graphite. However, the subsequent assay results proved that visual estimates of graphite are difficult and that many of the unsampled intervals could contain significant graphite. This sampling program, currently underway, could improve both the grade and interval length of the previously announced composites. The program will take a few weeks to complete with assays and updated composites expected sometime in May 2014. Also on the Cabot Graphite Property, Tawsho will acquire enough graphite material to submit for metallurgical testing in order to determine the grade, purity and flake size of the graphite. On the Chevrier Gold Property, Tawsho has completed its recompilation of historic drilling that includes almost 100 drill holes through the mineralized zones known as the Main Zone and the South Zone. A reanalysis of this information suggests the two zones are in fact one continuous zone with an approximate strike length of 2.7 km. A new mineralized zone was also identified based on three adjacent drill holes, namely GFA-126 which intersected 5.44 gpt Au over 6.87 m (131.18 ­ 138.05 m down hole), GFA-131 which intersected 7.14 gpt Au over 1.90 m (232.00 ­ 233.90 m) and GFA-133 which intersected 4.67 gpt Au over 3.25 m (539.35 ­ 542.60 m). This new zone, the ‘East Zone’ is open in all directions.


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