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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Taseko Mines Ltd | AMEX:TGB | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.08 | -3.25% | 2.38 | 2.52 | 2.3901 | 2.50 | 4,296,569 | 23:21:35 |
VANCOUVER, BC, Jan. 5, 2021 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce that the Florence Town Council has decided it will not appeal the Aquifer Protection Permit ("APP") which was recently granted by the Arizona Department of Environmental Quality ("ADEQ").
Stuart McDonald, President of Taseko, commented, "We are very pleased by this decision and believe this change in approach by Council signals a new beginning. Our expectation is that open and productive dialogue will result and that our future together is bright."
"We believe that two years of operating the test facility within the strict environmental guidelines set out in our current permits, combined with the future economic benefits from the commercial production facility, certainly contributed to Council's decision. Transitioning Florence Copper to commercial production, which includes expanding the current wellfield and SX/EW plant, will mean an average of 85 million pounds of copper per year for 20 years beginning in late 2022," concluded Mr. McDonald.
Project Highlights
The Florence Copper NI 43-101 technical report is available on www.sedar.com or the Company's website at www.tasekomines.com.
Russell Hallbauer
Chief Executive Officer and Director
No regulatory authority has approved or disapproved of the information contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:
For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com, including the "Risk Factors" included in our Annual Information Form.
View original content:http://www.prnewswire.com/news-releases/taseko-mines-florence-copper-aquifer-protection-permit-not-appealed-by-town-council-301201422.html
SOURCE Taseko Mines Limited
Copyright 2021 PR Newswire
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