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Canada
Yellowhead Project

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 Location:
98 km NE from Kamloops, British Columbia, Canada

  Project Contacts:
15th Floor - 1040 West Georgia Street
Vancouver
British Columbia, Canada
V6E 4H1
Phone  ...  Subscription required
Fax(778)-373-4534
EmailEmail
WebsiteWeb
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  • Overview
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Overview

StagePermitting
Mine TypeOpen Pit
Commodities
  • Copper
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Mine Life25 years (as of Jan 1, 2020)
Taseko is focused on advancing the Yellowhead Project into the Environmental Assessment (EA) process beginning with the submission of an Initial Project Description.


Owners

Source: p. 13
CompanyInterestOwnership
Taseko Mines Ltd. 100 % Indirect
Taseko, through its wholly owned subsidiary Yellowhead Mining Inc., is the 100% owner of the Yellowhead mineral claims.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • VMS


Summary:

The principal area of mineralization on the project is the Yellowhead Copper Deposit (the Deposit). The northeast trending Harper Creek Fault separates the deposit into a west domain and an east domain. In the west domain, chalcopyrite mineralization is primarily in three copper bearing horizons. The upper horizon ranges from 60 m to 170 m in width and is continuous along an east-west strike for some 1,300 m, dipping approximately 30º north. Mineralization within this horizon occurs within felsic and mafic volcanics and volcaniclastic rock units. The middle horizon is not as well developed and is often fragmented. It primarily exists within a graphitic and variably silicified package of rocks that range from 30 m to 40 m in width at the western extent, increasing up to 90 m locally eastward, gradually appearing to blend into the upper horizon. Of the three horizons, this contains strong to intense silicification and localized tension fractures filled with mineralization. The lowest or third horizon has less definition mainly due to a lack of drill intersections. Commonly hosted within mafic to intermediate volcaniclastics and fragmental rocks, it can range from 30 m to 90 m in width although typical intersections are in the 30 m range. These horizons host within felsic and mafic metavolcanics and metavolcaniclastics and generally contain foliation-parallel wisps and bands as the dominant style of sulphide mineralization.

In the east domain, mineralization characte ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

Location and Infrastructure
The Yellowhead project is located approximately 150 km northeast of Kamloops and consists of 131 mineral claims covering 42,500 hectares.

The Yellowhead Development Plan 1 envisions an open pit mine utilizing conventional truck and shovel mining techniques. The equipment utilized in this operation would be typical of that found in today’s large open pit operations. Open pit operations are planned to supply a conventional copper concentrator with 90,000 tpd of ore at a cutoff grade of 0.17% copper. Ore would be delivered to a primary crusher located at the southwestern rim of the ultimate pit. An ore stockpile would be built during the first five years of operation to maximize ore grade delivered to the mill during that period and provide an operating contingency. Potentially acid generating (PAG) waste rock would be stockpiled inside the tailings storage facility while non-acid generating (NAG) waste and overburden would be stockpiled in conventional waste storage locations proximal to the open pit.

The pit design is based on the selected Lerchs-Grossmann pit shell. A single-bench configuration of 15 m high benches is used based on the scale of mining equipment selected. Steeper inter-ramp slopes up to 150 m high are used with enlarged berms or haul roads breaking up larger slopes to honor overall slope requirements. Haul roads are designed 40 m wide to allow for double-lane hauling including allowances for berms and dit ........


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityUnits2020 *LOM
Copper M lbs  ......  Subscription required4,400
Gold koz  ......  Subscription required
Silver M oz  ......  Subscription required
All production numbers are expressed as metal in concentrate. * Average annual production reported in 2020
Subscription required - Subscription is required.

Operational Metrics:

Metrics
Stripping / waste ratio  ......  Subscription required
Daily milling capacity  ......  Subscription required
Daily ore mining rate  ......  Subscription required
Waste tonnes, LOM  ......  Subscription required
Annual milling capacity  ......  Subscription required
* According to 2020 study.
Subscription required - Subscription is required.

Reserves at December 31, 2019:
Mineral Resource cut-off grade of 0.15% Cu.

CategoryTonnage CommodityGrade
Proven 458 Mt Copper 0.29 %
Proven 458 Mt Gold 0.031 g/t
Proven 458 Mt Silver 1.3 g/t
Proven 458 Mt Copper Equivalent 0.31 %
Probable 359 Mt Copper 0.26 %
Probable 359 Mt Gold 0.028 g/t
Probable 359 Mt Silver 1.2 g/t
Probable 359 Mt Copper Equivalent 0.28 %
Proven & Probable 817 Mt Copper 0.28 %
Proven & Probable 817 Mt Gold 0.03 g/t
Proven & Probable 817 Mt Silver 1.3 g/t
Proven & Probable 817 Mt Copper Equivalent 0.29 %
Measured 561 Mt Copper 0.27 %
Measured 561 Mt Gold 0.029 g/t
Measured 561 Mt Silver 1.2 g/t
Measured 561 Mt Copper Equivalent 0.27 %
Indicated 730 Mt Copper 0.24 %
Indicated 730 Mt Gold 0.027 g/t
Indicated 730 Mt Silver 1.2 g/t
Indicated 730 Mt Copper Equivalent 0.26 %
Measured & Indicated 1,292 Mt Copper 0.25 %
Measured & Indicated 1,292 Mt Gold 0.028 g/t
Measured & Indicated 1,292 Mt Silver 1.2 g/t
Measured & Indicated 1,292 Mt Copper Equivalent 0.27 %
Inferred 109 Mt Copper 0.21 %
Inferred 109 Mt Gold 0.024 g/t
Inferred 109 Mt Silver 1.2 g/t
Inferred 109 Mt Copper Equivalent 0.23 %

Commodity Production Costs:

CommodityUnitsAverage
Cash costs Copper USD  ......  Subscription required *†
Assumed price Copper USD  ......  Subscription required&nbs
Assumed price Silver USD  ......  Subscription required&nbs
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2020 study / presentation.
† Net of By-Product.

Operating Costs:

Units2020
OP mining costs ($/t mined) CAD 1.93 *
OP mining costs ($/t milled) CAD  ......  Subscription required
Processing costs ($/t milled) CAD  ......  Subscription required
G&A ($/t milled) CAD  ......  Subscription required
Total operating costs ($/t milled) CAD  ......  Subscription required
* According to 2020 study.
Subscription required - Subscription is required.

2020 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Pre-Production capital costs $M CAD  ......  Subscription required
Equipment leasing costs $M CAD  ......  Subscription required
Sustaining CapEx $M CAD  ......  Subscription required
Total CapEx $M CAD  ......  Subscription required
Mining Taxes $M CAD  ......  Subscription required
Income Taxes $M CAD  ......  Subscription required
Total Taxes $M CAD  ......  Subscription required
Net Operating Income (LOM) $M CAD  ......  Subscription required
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscription required
Pre-tax NPV @ 8% $M CAD  ......  Subscription required
After-tax NPV @ 8% $M CAD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Pipelines
TypeMaterialDiameterLengthDescription


Proposed Heavy Mobile Equipment as of January 20, 2020:
HME TypeSizeQuantityLeased or
Contractor
Drill 311 mm ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 16, 2020
....................... Subscription required ....................... Subscription required Subscription required Jan 16, 2020
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2022
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2022
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2022
Subscription required - Subscription is required.

Staff:

Total WorkforceYear
Subscription required 2020

Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2022
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
Feasibility Study Report 2014
Subscription required - Subscription is required.

Subscription required - Subscription is required.

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