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Taseko and Indigenous Nation Sign Framework Agreement to Start Discussions on Yellowhead Project
Taseko and Indigenous Nation Sign Framework Agreement to Start Discussions on Yellowhead P...
About this update from Taseko Mines Limited
[{"type":"text","content":"\n\n\n\nTaseko and Indigenous Nation Sign Framework Agreement to Start Discussions on Yellowhead Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 26, 2020\n\n\n\nVANCOUVER, May 26, 2020 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (\"Taseko\" or the \"Company\") is pleased to announce it has entered into an Agreement with an Indigenous Nation regarding Taseko's intentions to commence the regulatory approval process of the Yellowhead Copper Project (\"Project\").\nThe agreement represents Taseko's commitment to recognize and respect the Nation's inherent right to govern its lands, and the importance of assessing the Project in accordance with its values, laws, and community aspirations to make an informed decision on the Project.\nRussell Hallbauer, CEO of Taseko, commented, \"We are pleased to have come to an agreement to move forward with open discussions. Our communication with the leadership over this past year have been good, frank and insightful. We have gained significantly in our understanding of their role as caretakers of the lands and their approach to stewardship and economic opportunity, and we thank them for taking this first important step with us.\"\n\"Taseko is confident that a robust environmental assessment of Yellowhead, one which takes into consideration the full array of factors important to indigenous people and communities from Kamloops to Blue River, will result in a favorable regulatory decision. Advancing this project now is especially timely given the economic and human needs of the region and the province. Construction and operation of a long life mine will significantly elevate opportunities for the people of this area for decades into the future,\" concluded Mr. Hallbauer.\nNOTE: Yellowhead has the potential to be one of the largest open pit copper mines in North America. The project is in the Thompson‐Nicola area of British Columbia, approximately 150km north‐east of Kamloops near Vavenby. The project includes a 90,000 tonne...