Government Grants Extension to Taseko's Prosperity Project

VANCOUVER, Jan. 15, 2015 /CNW/ - Taseko Mines Ltd. (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") is pleased to announce that The British Columbia Minister of Environment has granted Taseko Mines a five-year extension to the Environmental Assessment Certificate for development of the Prosperity gold-copper project near Williams Lake, BC. 

Russell Hallbauer, President & CEO of Taseko Mines Ltd., stated, "In arriving at their decision it is clear that significant work was undertaken by the provincial government to meet their obligations and to properly consider the full range of relevant factors, and we appreciate that effort." 

The Prosperity deposit represents a rare opportunity for British Columbia, most especially the people of the Cariboo-Chilcotin region for whom the benefits would be most directly felt. 

 "This is truly a world-class deposit capable of making a lasting contribution to BC and Canada.  It deserves special effort now to make it a reality," added Mr. Hallbauer.  "We will continue to work with governments at all levels and with our First Nations neighbours to find ways to shape the project and move it forward in a manner that delivers the greatest possible value to the broadest number of people." 

Russell Hallbauer
President and CEO

No regulatory authority has approved or disapproved of the information contained in this news release.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:

For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.com and home jurisdiction filings that are available at www.sedar.com. 

SOURCE Taseko Mines Ltd.