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May 9, 2012 /PRNewswire/ - Taseko (TSX: TKO) (NYSE Amex: TGB) (the "Company") is pleased to announce that it has signed an agreement with the
Tsay Keh Dene to support the exploration program and environmental studies for the development of its Aley Niobium Project in northeastern
The agreement, which is extensive in nature, includes provisions for; employment and training opportunities for
Tsay Keh Dene members, contracting and business opportunities for
Tsay Keh Dene businesses, participation and capacity funding, environmental protection through the cooperative design and implementation of environmental management and monitoring programs, and a framework and commitment to develop a Comprehensive Cooperation and Benefit Agreement for the eventual development and operation of a mine.
Russell Hallbauer, President and CEO of Taseko, commented, "Taseko management is committed to open and mutually beneficial relationships with the local communities where we operate. I would like to express my gratitude to Chief
Dennis Izony and the
Tsay Keh Dene for their hard work and commitment to complete this agreement. This agreement will serve as the foundation to strengthen our relationship as we continue to develop the world class Aley project."
Russell HallbauerPresident and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
SOURCE Taseko Mines Limited