Tasca Files NI 43-101 Report on the Bleiberg Pb-Zn-Ge Project

Vancouver, British Columbia (FSCwire) - Tasca Resources Ltd. ("Tasca", “TAC” or the "Company") (TSX Venture symbol: TAC) (Frankfurt: 3TA) is pleased to announce that a National Instrument 43-101 Report (the "Technical Report") has been completed for the Bleiberg Pb-Zn-Ge project in the Bad Bleiberg district of southern Austria, 130 kilometres southwest of Salzburg.  The Technical Report can be viewed on SEDAR.

The Technical Report noted exploration potential exists in the western sections of the historic Bleiberg mine, in both a search for hanging wall and foot wall mineralization within the main Bleiberg structural zone and exploration for “scholle” zones.

The Bleiberg mine operated from the 1300’s through to 1993, when it closed as part of a larger bankruptcy of an Austrian state owned mining conglomerate.  More than 3 million tonnes of Pb and Zn metal have been recovered from the Bleiberg deposits since initial mining in the year 1333 until closure in 1993.  The mine geologist during the final years of production estimated roughly 2 million tonnes of metal remains.  Metal content varied from 1% Zn to more than 30% Zn in massive sphalerite bodies.  Production during the final years of production concentrated on zones containing more than 7% Zn.

Early historic production came first from the Maxer Bänke, a thick cyclic sequence of shallow marine carbonates averaging 0.4% Pb and 2.8% Zn that yielded approximately 60,000 tonnes of Pb and Zn and later from metal-rich stratabound mineralization of the Bleiberg Facies: oval-shaped bodies found subparallel to the bedding and within discordant fissures and veins averaging 1% Pb and 5% Zn along with economic concentrations of germanium.

The “scholle” mineralization was found in 1951, soon after resulting in the discovery of the Kalkscholle, Riedhartscholle and Josefischolle zones.  The “scholle” mineralization is a stock-shaped zone of breccia networks and locally as coarse masses of sphalerite averaging 0.5% Pb and 4.5% Zn.  The three zones contained 8 million tonnes at an average combined Pb Zn grade of 6%, where Zn/Pb ratios range from 6:1 to 10:1.  These orebodies led to the introduction of more highly mechanized mining methods resulting in increases in production to 500,000 tonnes per year during the later years of mining.

Note: Tasca cautions investors it is not relying on this 8 million tonne historic estimate as it has been unable to review any of the data used to calculate this estimate. Tasca is treating this estimate as a geological target, meaning the potential quantity and grade of this geological target is conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if future exploration will result in the target being delineated as a mineral resource. Tasca has not yet been able to review the assay plans or sections, drill logs and production data to document the historic tonnages and grade. Tasca has not yet been able to review the production data to determine how much of the 8 million tonnes has been mined and how much remains.

An initial exploration program of review and compilation of the voluminous historic data within the various archives in Austria is the first step with an objective of confirming the volume of unmined mineralized material remaining and defining targets for underground drilling.  A 5,000 foot underground drilling program is recommended as the second step.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., an independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.tascaresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794           

Email: tascaresources@gmail.com  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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