Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.

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Taseko Mines Ltd

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Post by spitfireIVXon Apr 26, 2018 8:48pm

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Post# 27947827

Florence update...

Construction of the Florence Copper Project is now underway, employing an environmentally friendly in-situ copper recovery (ISCR) process. It is on track to produce its first copper cathode before the end of the year.

We could not be where we are without supporters like you, so thank you!

Last week, we held an event to thank our many supporters and to provide an update on the project. For those of you who missed Supporter Appreciation Night, we have provided the project updates below.

As always, if you have any questions or would like to schedule a tour, please call us.

The Production Test Facility (PTF)

Construction of the Production Test Facility at the Florence Copper site is continuing and progressing well.

Since construction of the $25 million PTF began in September 2017, all 24 injection, recovery, monitoring, and replacement irrigation wells have been drilled and completed on the property. In addition, construction of the Solvent Extraction and Electrowinning Process Plant (SX/EW) where the copper cathode will be produced is well underway, as you will see in the photos and video below.

Local Investment, Local Benefit

Florence Copper's investment has meant a welcome increase in employment and economic benefit for the community of Florence and the State of Arizona.

Currently, there are over 80 people working on site. Shifts run 24 hours a day, 7 days a week, representing a payroll of $750,000 per month. These workers and their families directly contribute to the economic strength and well-being of Florence and other Pinal County communities.

Construction Progress: Video and Photos

To see the construction progress on site, watch the video and take a peek at the photos below:

Above: Five drill rigs working 24/7 on the Florence Copper property to install injection/recovery wells, monitoring wells, and other needed wells for the PTF (March 14, 2018)