The Prospector News

Canada’s Highest Court Confirms Taseko’s Right to Work at New Prosperity Gold-Copper Project

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Canada’s Highest Court Confirms Taseko’s Right to Work at New Prosperity Gold-Copper Project

 

 

 

 

 

Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) announces that the Supreme Court of Canada has cleared the way for Taseko to undertake geotechnical work at the Company’s New Prosperity Gold-Copper Project near Williams Lake, BC.

 

The SCC, Canada’s highest legal authority, has spoken. It has dismissed the Tsilhqot’in First Nation application to appeal an earlier judgement by the BC Supreme Court and by the British Columbia Court of Appeal and in doing so it has also confirmed the resilience of British Columbia’s current mine permitting process.

 

“Getting permission to mine in British Columbia may be difficult, but it’s not impossible. It just takes patience,” said Russell Hallbauer, President and CEO of Taseko. “The SCC decision is clear, Provincial permits authorizing mineral exploration and development can, if done with care and consideration, withstand any possible legal challenge.”

 

“For New Prosperity, this is an important point in time. The law has been tested at the highest levels, the legal challenges are over, the permit is sound, the work can and will proceed.  What this ruling does mean is that we are taking the steps necessary to get closer to the day when such a decision can be made to build New Prosperity,” continued Mr. Hallbauer.

 

“The New Prosperity deposit is rare, the largest undeveloped copper-gold deposit in Canada and easily among the top 15 in the world. It can be a powerhouse for economic change in BC’s central interior. It can be a positive game changer for First Nations as well. With BC lumber manufacturers closing mills and curtailing operations, potential mines like New Prosperity offer renewed hope and opportunity, especially for the people of the central interior.  People should never give up on its potential, nor the value and opportunity it can deliver to all the people of BC,” concluded Mr. Hallbauer.

 

Posted June 14, 2019

Share this news article

MORE or "UNCATEGORIZED"


RNC Minerals Closes Oversubscribed $18.5 Million Bought Deal Financing

RNC Minerals (TSX: RNX) is pleased to announce that it has closed... READ MORE

September 20, 2019

Moneta Announces Closing of Strategic Investment by Eric Sprott

Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) is p... READ MORE

September 20, 2019

Golden Tag Resources Closes $1.5 Million Financing Including Strategic Investment by Eric Sprott

Golden Tag Resources Ltd. (TSX-V: GOG) is pleased to announ... READ MORE

September 20, 2019

Osisko Increases Credit Facility to $400 Million

Osisko Gold Royalties Ltd (TSX:OR) (NYSE:OR) is pleased to ... READ MORE

September 20, 2019

Unigold Announces Closing of Private Placement of 32,350,000 Units for Gross Proceeds of Approximately $3 Million

Unigold Inc. (TSX-V: UGD) is pleased to announce that it has clos... READ MORE

September 19, 2019

Copyright 2019 The Prospector News - Site design by Spyderbaby Productions