Taseko Receives Provincial Approval to Proceed With Prosperity
January 15, 2010 Vancouver BC Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) (“Taseko” or the “Company”) received the environmental assessment certificate for its proposed Prosperity Gold-Copper Project from the BC Provincial Ministry of Environment on January 14, 2010.
“Obviously we are tremendously pleased with the Provincial Government's decision. We put considerable effort and Company resources into the documentation and process and to have now received this approval is both gratifying and rewarding,” says Taseko President & CEO Russell Hallbauer.
“The decision will undoubtedly be well received by the people of Williams Lake and the Cariboo, so many of whom worked tirelessly to make their views and support for Prosperity known and understood. The project was subjected to a complete and thorough examination by government departments, agencies, regulators and by the public. The Provincial process is demanding but it is also fair and we acknowledge the hard work of the Provincial Government in drawing the matter to a conclusion that will provide tremendous benefits to the social and economic future of British Columbia.”
“The Government of British Columbia has authority and responsibility for mine development in the Province. Now that they have given their approval we will proceed to apply for and secure the necessary leases, licenses and permits required to advance the project,” concluded Mr. Hallbauer.
Taseko will host a conference call for analysts and investors to discuss the Prosperity Project on Tuesday, January 19, 2010. Details will follow later today…