Taseko’s New Prosperity property hosts one of the most significant copper and gold deposits in Canada.
The Taseko does not consider the New Prosperity Project to be material at this time.
In late 2019, the Tsilhqot’in Nation, and Taseko entered into a confidential dialogue, with the involvement of the Province of British Columbia, seeking a long-term resolution of the conflict regarding Taseko’s proposed copper-gold mine previously known as New Prosperity, acknowledging Taseko’s commercial interests and the Tsilhqot’in Nation’s opposition to the project.
The dialogue process has made meaningful progress in recent months but is not complete. In March 2024, Tsilhqot’in and Taseko formally reinstated the standstill agreement for a final term, with the goal of finalizing a resolution before the end of this year.
Cautioned that the Prosperity Technical Report has not been updated since 2009 and accordingly, caution needs to be advised when assessing its conclusions. |