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VANCOUVER - Taseko Mines (NYSE:TGB) Limited (TSX:TKO; NYSE American:TGB; LSE:TKO) has formally commenced the Environmental Assessment (EA) process for its wholly-owned Yellowhead Copper Project after the Initial Project Description was accepted by both British Columbia and federal regulatory authorities.
The project, located approximately 150 kilometers north of Kamloops, British Columbia, will undergo review by the British Columbia Environmental Assessment Office and the Impact Assessment Agency of Canada, according to a press release issued by the company today.
The Yellowhead project is situated in the territory of Simpcw First Nation, part of the Secwépemc Nation. Since acquiring the property in 2019, Taseko has established working relationships with Simpcw leadership and several proximal Secwépemc groups. The project will be subject to the Simpcw Process, an Indigenous-led assessment and decision-making procedure currently in its initial phases.
Taseko and Simpcw have signed a Relationship Negotiation Agreement that outlines an approach for developing a broader agreement to define Simpcw’s role in project oversight and establish an economic partnership.
"The submission of the Initial Project Description represents a significant milestone for the Yellowhead Project permitting process," said Stuart McDonald, President and CEO of Taseko Mines, in the press release.
The company has launched a dedicated website to keep stakeholders informed about the project and has hosted community meetings as part of its engagement efforts.
The environmental assessment process is designed to ensure the project meets regulatory requirements while balancing environmental, social, and economic considerations, according to the company.
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