Florence Copper

Florence Copper Project Map

The Florence Copper Project is an advanced-stage project that strengthens the Company's near-term development pipeline

Taseko’s wholly owned Florence Copper, an in-situ copper recovery project, is located midway between Phoenix and Tucson near the community of Florence, Arizona.

In September 2017, with all final permits in place, Taseko announced that it’s Board of Directors approved the construction of the Florence Copper Production Test Facility (PTF).

Successful operation of the PTF will be a major step towards realizing the full value of the Project.

Highlights

  • At US$4,700 per ton of installed capacity, Florence Copper is one of the lowest capital intensity copper projects in the world
  • Pre-tax net present value of US$920 million at a 7.5% discount rate
  • After-tax net present value of US$680 million at a 7.5% discount rate
  • Probable Reserves of 345 million tons grading 0.36% Cu
  • 85 million pounds copper production capacity
  • 21-year mine life

Note: The technical information on this website related to the Florence Copper Project has been reviewed by Scott Jones, P.Eng., Vice President, Engineering of Taseko and a Qualified Person under National Instrument 43-101. See Florence – Reserves & Resources for further information.

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