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Taseko Mines Ltd.
Summary
| Project: | Florence | |
|---|---|---|
| Deposit: | Florence | |
| Location: | United States | |
| Commodities: | Copper | |
| Date: | 10/5/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-10-2016: Taseko Mines Ltd. announces a Supporting Acquisition report for its Florence deposit at the Florence project. Refiled previously released PFS in support of acquisition of Curis Resources. The Florence Copper Project (“FCP” or the “Project”) is | |
| Resources: | (Reserve, Prob): 339.953Mt @ 0.358% TCu | |
| CP/QP: | [Resources]: Corolla K Hoag (SRK Consulting (US) Inc.) | |
| ABSTRACT: | The Florence Copper Project (“FCP” or the “Project”) is an advanced-stage oxide copper project located in central Arizona and controlled 100 percent by Curis Resources Ltd. (“Curis”). The FCP is a shallowly buried porphyry copper deposit that is amenable to in-situ copper recovery (“ISCR”) and solvent extraction-electrowinning (“SX/EW”) copper production. The property including surface and subsurface rights consists of private patented land totaling approximately 1,182 acres and a leased parcel of Arizona State Land of approximately 159.5 acres in size. M3 Engineering & Technology Corporation (“M3”) was commissioned by Curis Resources (Arizona) Inc. (“Curis Arizona”) to prepare a Pre-Feasibility Study of the FCP that is compliant with the Canadian Securities Administrators (CSA) National Instrument 43-101F1 (“NI 43-101”) (CSA, 2011). As primary author of this Pre-Feasibility Study, M3 was integral to development and engineering of copper extraction and processing facilities as well as capital and operating cost estimates for the FCP. This report has been prepared in accordance with the guidelines provided in NI 43-101 Standards of Disclosure for Mineral Projects, and conforms to Form 43-101F1 for technical reports. The Resource and Reserves definitions are as set forth in the Appendix to Companion Policy 43- 101CP, Canadian Institute of Mining, Metallurgy and Petroleum (CIM) – Definitions Adopted by CIM Council, June 30, 2011. Curis Arizona may also use this Pre-Feasibility Study Report for any lawful purpose to which it is suited. The intent of this report is to provide the reader with a comprehensive review of the potential economics of this mining operation and related project activities, and to provide recommendations for future work programs to advance the Project. | |
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