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Taseko Mines Ltd
Symbol TKO
Shares Issued 221,826,638
Close 2016-08-02 C$ 0.76
Market Cap C$ 168,588,245
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Taseko receives permit for Florence test plant

2016-08-02 09:41 ET - News Release

Mr. Russell Hallbauer reports

TASEKO GRANTED PERMIT FOR ITS FLORENCE COPPER PROJECT PRODUCTION TEST FACILITY

Taseko Mines Ltd. has received from the Arizona Department of Environmental Quality (ADEQ) the permit that authorizes the construction, operation and closure of a 24-well in situ copper recovery operation (ISCR) for its project located in Florence, Ariz.

The injection and recovery well system will be accompanied by a state-of-the-art solvent-extraction and electrowinning facility that will produce copper cathode from solution from the wells.

Russell Hallbauer, president and chief executive officer, stated: "With the receipt of the permit from ADEQ we expect that our last required permit will be forthcoming shortly and we can begin to move forward on the final stages of this safe, low-cost and environmentally responsible method of copper metal production. Our test facility will prove that this project can operate at the highest levels of environmental compliance while meeting the economic needs for jobs and a healthy economy in Pinal county."

We seek Safe Harbor.

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