Located in northern British Columbia, Taseko's wholly owned Aley project is poised to support the growing niobium demand resulting from growing steel production.†
Taseko's wholly-owned Aley Niobium Project is located in northern British Columbia, 140 km north of Mackenzie.
By way of background, niobium is primarily used in the manufacturing of high strength, light-weight, and corrosion resistant steel. Niobium-based steel is found in turbines, aerospace and automobile machinery, and oil and gas pipelines, among other end-products.
Assay results from a recent drill program found high grade, near surface mineralization. The results indicate the deposit has the potential to become a significant low cost, open pit niobium mine. An extensive core drilling program occurred in 2011 to collect preliminary geo-technical data for site design and metallurgical test work. The information gathered during the 2011 work program season was used to convert the Inferred Resource into a Measured and Indicated Resource†in March 2012.
The Aley site covers approximately 433 square kilometers and consists of 104 mineral claims.