July 28, 2015
July 28, 2015, Vancouver, BC - Taseko (TSX: TKO; NYSE MKT: TGB) (the “Company”) is pleased to announce that a Participation and Cooperation Agreement has been finalized between the Gibraltar Mine and the Soda Creek Indian Band (“Xat’sull”).
The agreement reflects a commitment by the Parties to work together productively and harmoniously, in the spirit of good faith and cooperation.
Russell Hallbauer, President and CEO of Taseko, commented, “Formalizing the relationship with the Xat’sull First Nation is a positive step forward with our First Nations neighbour. It demonstrates the mutual respect of both Parties and recognizes the contributions that each make, with their communities and the region. This agreement, along with the revenue sharing agreement with British Columbia from the mineral tax generated by Gibraltar, is ensuring the approximate 400 community members participate economically in the ongoing operational and financial success of Gibraltar.”
Donna Dixon, Xat’sull Chief, stated, “We are pleased to formalize a relationship with Taseko regarding the Gibraltar Mine. This agreement provides us with capacity and a forum to directly engage with the mine on environmental and economic issues. It also provides valuable support for community development and educational initiatives for our members.”
Note: Gibraltar is a Joint Venture owned by Taseko Mines Limited (75%) and Cariboo Copper Corp. (25%).
For further information on Taseko, please see the Company’s website www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations - 778-373-4533 or toll free 1-877-441-4533
Russell Hallbauer
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
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.