Taseko Mines Limited · TSX:TKO

Taseko Mines — Technical Presentation (May 2006)

24 slides from Taseko Mines's technical presentation, May 2006

  1. Slide 1: Taseko Mines Limited

    CSTaseko Mines Limited

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Some of the statements contained in the following material are "forward-looking statements". All statements in this release, other than statements of historical facts, that address estimated mineral resource and reserve quantities, grades and contained metal, and possible

  3. Slide 3: Taseko Mines Limited

    Taseko Mines Limited Taseko Mines

  4. Slide 4: Gibraltar Mine

    Gibraltar Mine Taseko Mines

  5. Slide 5: Gibraltar Copper Production History

    Million lbs 0 20 40 60 80 100 120 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 Gibraltar Copper Production History 2006 Taseko Mines

  6. Slide 6: Gibraltar Project Path Forward

    Gibraltar Project Path Forward Taseko Mines

  7. Slide 7: Gibraltar Copper Mineralization

    Gibraltar Copper Mineralization Taseko Mines

  8. Slide 8: Gibraltar Reserves & Resources

    Gibraltar Reserves & Resources Taseko Mines

  9. Slide 9: 2006 Definition Drilling

    2006 Definition Drilling Update as of May 27th Planned Actual Connector 9,600’ 9,977’ Pollyanna 21,000’ 15,170’ Granite Lake 33,300’ 16,550’ Total 63,900’ 41,697’ Taseko Mines

  10. Slide 10: Mine Planning Timeline

    Mine Planning Timeline May Complete 15 Year Plan June Complete Drill Program July Complete 2007 Year Plan August Complete 2007 Budget (Site) October Complete Geological Model Update December Complete New Pit Optimization February Complete New Long Range Mine Plan Controlling factors: Mill Expansion

  11. Slide 11: Forecast Production

    Millions Lbs - 20 40 60 80 100 120 2007 2008 2009 2010 2011 2012 2013 2014 Forecast Production 2015 2016 Taseko Mines 2017

  12. Slide 12: Mill Expansion Flowsheet

    Mill Expansion Flowsheet Taseko Mines

  13. Slide 13: Mill Expansion Location

    Mill Expansion Location Taseko Mines

  14. Slide 14: In-Pit Crusher / Conveyor Location

    In-Pit Crusher / Conveyor Location Taseko Mines

  15. Slide 15: Major Mine Equipment

    Major Mine Equipment Loading: P&H 2800XPB – 44 yd3 2 x P&H2300MKII – 23/25 yd3 Hauling: 6 x MT-4000 Trucks – 240T 5 x MT-3700B Trucks – 205T Drilling: GD120 – 12 ¼” Ø GD100 – 12 ¼” Ø M2/3 – 12 ¼” Ø Taseko Mines

  16. Slide 16: SX/EW Plant Re-Commissioning

    SX/EW Plant Re-Commissioning $3.1 million Re-commissioning Capital • Plant rehabilitation, electrodes, reagents • Average plant operating cost of C$5.8M • Average annual production of 5.1M lbs copper Numerous Oxide sources • #1 and #3 dumps • Low grade and oxide stockpiles • Release from mining • Ox

  17. Slide 17: Prosperity Project Update

    Prosperity Project Update Taseko Mines

  18. Slide 18: Prosperity Project Location

    Prosperity Project Location Taseko Mines

  19. Slide 19: Prosperity Project History

    Prosperity Project History • Early exploration in the 1930s by independent prospectors • Acquired by Phelps Dodge in 1963 • Acquired by Taseko in 1969 • Taseko acquired by HDI in 1991 • $55,000,000 spent by HDI on exploration and engineering from 1991 – 2000 • Shelved 2000 • Re-evaluation of previou

  20. Slide 20: Prosperity Mineral Resource

    Prosperity Mineral Resource Taseko Mines

  21. Slide 21: Prosperity Deposit Cross Section

    Prosperity Deposit Cross Section South North 1400m Estimated Pit Limit 0.14% Cu Cut-off 1200m Estimated In-Pit Resource 490 million tonnes 0.43 grams gold/tonne 0.22% copper 1000m Strip Ratio: 0.72:1 Mine Life: 20 years 800m Annual Production 230,000 ounces per year of gold 100 million pounds per ye

  22. Slide 22: Prosperity Feasibility Study Update

    Prosperity Feasibility Study Update June Mill Re-design Complete July Complete New Pit Optimization September Complete New Mine Plan and reserve update November Full Feasibility Study Complete Taseko Mines

  23. Slide 23: EA Review Work Completed To-Date

    EA Review Work Completed To-Date • Extensive Baseline studies completed • Comprehensive Alternatives Assessment completed • Independent Multiple Accounts Evaluation of alternatives completed • Feasibility studies • Project Report Specifications completed Taseko Mines

  24. Slide 24: Environmental Assessment Milestones

    Environmental Assessment Milestones September 2005 Letter of support from First Nations (XG) October 2005 BCEAO issues Transition Order, deadline April 30th, 2007 November 2005 Taseko announces re-initiation of Prosperity EIA December–March Informational meetings with Federal, Provincial, Municipal,

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