March 1, 2012
Vancouver, BC - Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) (“Taseko” or the “Company”) today filed a Notice of Civil Claim against the Western Canada Wilderness Committee and Sven Biggs, the Outreach Director of that organization for a series of false and defamatory statements concerning Taseko and its proposed New Prosperity Gold-Copper Project.
Russell Hallbauer, CEO of Taseko issued the following statement:
“Taseko welcomes a full, thorough and open process to evaluate the merits of New Prosperity project, which we believe will be a big win for British Columbia, First Nations and Canada. We cannot, however, stand idly by when certain parties such as the Western Canada Wilderness Committee mislead the public about the project. The facts do matter. All parties benefit from an open and fair discussion of the facts, not false, misleading and harmful inaccuracies.
We have not taken this course of action lightly; we have filed this notice of civil claim only after repeated requests to the Western Canada Wilderness Committee to correct the record were not satisfactorily addressed.
Taseko has expended considerable resources and effort to minimize the environmental impact of New Prosperity and we remain committed to developing an efficient, sustainable and responsible mine. ”
The full New Prosperity project description - which contains extensive information on environmental impact mitigation measures - has been made available for public review. These and other resources may be found at www.newprosperityproject.ca.
Media contact: Brian Battison, Vice President, Corporate Affairs — 778-373-4543 Investor Relations 778-373-4533, toll free 1-877-441-4533. www.tasekomines.com
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.