Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") is pleased
to provide 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
(results announced November 12th 2013). 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.


Tawsho is also pleased to announce a non-brokered private placement offering of
units and flow-through units to arm's-length and non-arm's-length parties (the
"Offering"). As of this date, it is anticipated that insiders of the Corporation
may subscribe for more than 25% of the Offering.


Tawsho intends to issue up to 1,555,556 flow-through units ("FT units") at a
price of $0.09 per FT unit, for gross proceeds of up to $140,000 and 750,000
hard dollar units ("HD units") at a price of $0.08 per HD unit, for gross
proceeds of $60,000. The total gross proceeds for both components of the
financing is expected to be $200,000. 


Each FT unit will consist of one flow-through common share and one common share
purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase
one non-flow-through common share of Tawsho at a price of $0.12 per share for a
period of two years from the date of issuance. Each HD unit will consist of one
common share and Warrant. 


Tawsho also intends to provide for an overallotment of both FT units and HD
units. A total of 777,778 FT units will be reserved for overallotment and
375,000 HD units will be reserved for overallotment. The maximum total gross
proceeds, assuming full subscription of the overallotments, will be $300,000. 


The Offering is subject to the acceptance of the TSX Venture Exchange. The
Corporation may pay finder's fees in cash and/or securities of the Corporation
in respect of the Offering. All securities issued to purchasers and finders
under the Offering will be subject to a four-month hold period from the date of
issuance of the securities, pursuant to applicable securities legislation and
the policies of the TSX Venture Exchange. The proceeds of the Offering will be
used for the exploration and development of Tawsho's graphite Property in
Newfoundland, the Chevrier gold Property in Quebec, and for general working
capital.


Stephen Balch (P.Geo.), President & CEO of Tawsho Mining Inc., is a Qualified
Person under the definition of National Instrument 43-101 and has reviewed and
approved the technical content in this press release. The gold grades referenced
in this press release are historic in nature and were reported by Geonova
Explorations Inc. from their exploration program during the period 1989-1997. 


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
Properties. The Corporation is presently developing its Cabot Graphite Property
(comprised of 102 claims covering and area of 2,550Ha or 25.5sq. km) both
located in Baie Verte Peninsula, Newfoundland and its Chevrier Gold Property
(comprised of 557 claims, covering an area of 9542 hectares, or 95.4 sq. km)
located in the Chibougamau region of Quebec. Tawsho currently has approximately
25,251,849 common shares issued and outstanding.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tawsho Mining Inc.
Mr. Stephen Balch
President & CEO
(905) 407-9586
sbalch@tawshomining.com

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