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Yellowhead

Yellowhead Project Map

The Yellowhead Project has the potential to be a world-class, long-life, low cost mine. The addition of the project to Taseko’s project pipeline, increases the Company’s global reserves to 7.5 billion pounds of recoverable copper.

The project is located in the Thompson‐Nicola area of British Columbia, approximately 150km north‐east of Kamloops near Vavenby. A 2014 Feasibility Study(1) proposed a 70,000 tonne-per-day open pit copper mine with a 28-year mine life.

The Yellowhead project increases Taseko’s - pipeline of global reserves to approximately 7.5 billion pounds of contained copper. With a significant amount of technical and environmental assessment work already completed, Taseko can advance the project with internal resources and minimal capital expenditures for the next few years.

Highlights

  • Large Undeveloped Asset: Proven and Probable Reserves of 3.6 billion pounds of recoverable copper, supplemented by 370,000 ounces of gold and 15.6 million ounces of silver over its life1
  • Robust Economics: Pre-tax net present value of approximately US$700 million (using US$3.00 per pound copper, a foreign exchange rate of C$/US$ 0.90, and an 8% discount rate)1

1.The Technical Report & Feasibility Study dated July 31, 2014 is available under Yellowhead’s profile on SEDAR (www.sedar.com).

Note: The content of webpage was reviewed by Richard Weymark P.Eng., Chief Engineer, and a Qualified Person under National Instrument 43-101.


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