Construction of Florence Copper Project is underway,
on-time and on-budget

May 8, 2018

Construction of Taseko’s 100% owned Florence Copper Project is well underway and the new in-situ copper recovery facility is on track to produce its first copper cathode before the end of this year.

The Production Test Facility

Since construction of the US$25 million project began in September 2017, all 24 injection, recovery, monitoring, and observation wells have been drilled and completed on the property. In addition, construction of the Solvent Extraction and Electrowinning (SX/EW) Plant where the copper cathode will be produced is advancing on schedule, as you can see in the photos and video below.

Upcoming key milestones will be the completion of the SX/EW plant, coinciding with pre-leaching the deposit in the third quarter and finally, producing first copper in the fourth quarter.

Local Investment, Local Benefit

Florence Copper’s investment has been a welcome increase in employment and economic benefit for the community of Florence and the state of Arizona.

Currently, there are over 80 people working on site most of who reside in Arizona. Shifts run 24 hours a day, 7 days a week, representing a payroll of $750,000 per month. These employees and their families directly contribute to the economic strength and well-being of the Town of Florence and other Pinal County communities.

Community Support

In April, we held a supporter appreciation event, to thank our many supporters and to provide an update on the project to local residents. Over 150 people attended the event, including Arizona House Representatives Mark Finchem and David Cook.

Construction Progress: Video and Photos

To see the construction progress on site, watch the video below:

Above: Construction of the SE/EW Processing Plant (April 27, 2018)

Above: Construction of the SE/EW Processing Plant (April 27, 2018)

Above: Construction of the SX/EW plant (April 19, 2018)

Above: Construction of the solutions pond (April 19, 2018)

Above: Construction of the SX/EW Copper Processing Plant (April 17, 2018)

Above: Five drill rigs working 24/7 on the Florence Copper property to install injection/recovery wells, monitoring wells, and other needed wells for the facility (March 14, 2018)

Supporter Appreciation Event Photos

We will continue to update our website with progress updates and construction photos; we encourage you to visit our website regularly to keep informed.

For further information on Taseko, please visit the Taseko website at www.tasekomines.com or contact:

Brian Bergot, Vice President, Investor Relations - 778-373-4533 or toll free 1-877-441-4533

View above in PDF Format: Florence Copper Construction Update, May 8,.2018

Back to the News Releases page

.