Tuesday, November 19, 2013

Taseko Mines responds to CEAA concerns

In respond to CEAA re: concerns with Fed Review Panel's New Prosperity final report, Taseko Mines released the following statement Monday:

Taseko (TSX: TKO; NYSE MKT: TGB) (the "Company") wishes to report that it has complied with the November 13th request from the Canadian Environmental Assessment Agency (CEAA) to explain the Company's position that the panel had erred in its finding on the technical aspects of New Prosperity's tailings seepage and water quality.

On November 13th CEAA posted the request for information on its internet registry. While CEAA has acknowledged receipt, to Taseko, of Taseko's letters dated November 8th and 15th, it does not intend to post these documents on the CEAA internet registry at this time.

Russell Hallbauer, President and CEO of Taseko commented, "Our position is very clear; we expect to be treated fairly and objectively in this process. Publicly requesting information, and then choosing not to release the results of the request in a similar manner creates an inaccurate portrayal of Taseko and an impression in the minds of the public that our critique of the panel's findings are somehow flawed. We have therefore posted the specific documents related to this matter on Taseko's website to ensure our shareholders, community stakeholders and the general public are fully aware of the facts."

For more information on the New Prosperity Project, including the CEAA correspondence, please visit newprosperityproject.ca

You can Taseko's letter to CEAA here.  Meanwhile - you can read Taseko Mines's letter to the Federal Environment Minister (Hon. Leona Aglukkaq) on their concerns of the Federal Review Panel's final report on New Prosperity here

Finally - Sun News looks at this story here in which both Federal Conservative MP's Dick Harris (Cariboo-PG) and Bob Zimmer (PG - Peace River) to lobby for this project as hard as possible

To be a "fly on the wall" as the Federal Cabinet makes a decision on New Prosperity in the next number of weeks….


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