Announcement Date: 2022-03-30
Announcement Type: Deposit Estimation
Announcement Code: NI43-101
Company name: Taseko Mines Ltd.
Project name: Gibraltar Mine
Location: Canada
Commodities: Copper,Molybdenum
Highlight: Updated Resource and Reserve Estimates for Project
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The purpose of this report is to document an increase to the mineral reserves at the Gibraltar Mine. The increase to the mineral reserves is supported by increased long-term copper and molybdenum prices and an updated long-range mine plan. The reserve update incorporates updated capital and operating cost estimates, additional resource drilling and demonstrated operating performance as disclosed throughout this report. The information, conclusions, opinions, and estimates contained herein are based on The Qualified Person (author) responsible for the content of this report is Richard Weymark, P.Eng., MBA. Mr. Weymark has supervised the preparation of this report, reviewed the methods used to determine grade and tonnage in the geological model, and reviewed the long range mine plan and capital and operating cost estimates. He has direct knowledge of the Gibraltar mine site, having been employed by Taseko Mines since July 2018, and has visited the site on numerous occasions since then. Mr. Weymark’s current position is Vice President, Engineering. All costs are in Canadian dollars (C$) and units are imperial unless stated otherwise.
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