VANCOUVER, Nov. 25, 2014 /PRNewswire/ - Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") is pleased to announce that it has entered the Environmental Assessment Review of the Company's Aley Mine Project with the British Columbia Environmental Assessment Office (BCEAO). Aley's project description was submitted in September to the BCEAO as well as to the Canadian Environmental Assessment Agency.

Additionally, the Federal Minister of Environment has granted substitution of the environmental assessment to British Columbia. This gives oversight and responsibility of the Aley environmental assessment process to the BCEAO.

Russell Hallbauer, President and CEO of Taseko, stated, "We are looking forward to working with the province of British Columbia to move our Aley project forward. We anticipate, and are fully prepared for a rigorous review by the province and over the course of the next few months will develop a detailed environmental assessment schedule."

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:


    --  uncertainties and costs related to the Company's exploration and
        development activities, such as those associated with continuity of
        mineralization or determining whether mineral resources or reserves
        exist on a property;
    --  uncertainties related to the accuracy of our estimates of mineral
        reserves, mineral resources, production rates and timing of production,
        future production and future cash and total costs of production and
        milling;
    --  uncertainties related to feasibility studies that provide estimates of
        expected or anticipated costs, expenditures and economic returns from a
        mining project;
    --  uncertainties related to the ability to obtain necessary licenses
        permits for development projects and project delays due to third party
        opposition;
    --  uncertainties related to unexpected judicial or regulatory proceedings;
    --  changes in, and the effects of, the laws, regulations and government
        policies affecting our exploration and development activities and mining
        operations, particularly laws, regulations and policies;
    --  changes in general economic conditions, the financial markets and in the
        demand and market price for copper, gold and other minerals and
        commodities, such as diesel fuel, steel, concrete, electricity and other
        forms of energy, mining equipment, and fluctuations in exchange rates,
        particularly with respect to the value of the U.S. dollar and Canadian
        dollar, and the continued availability of capital and financing;
    --  the effects of forward selling instruments to protect against
        fluctuations in copper prices and exchange rate movements and the risks
        of counterparty defaults, and mark to market risk;
    --  the risk of inadequate insurance or inability to obtain insurance to
        cover mining risks;
    --  the risk of loss of key employees; the risk of changes in accounting
        policies and methods we use to report our financial condition, including
        uncertainties associated with critical accounting assumptions and
        estimates;
    --  environmental issues and liabilities associated with mining including
        processing and stock piling ore; and
    --  labour strikes, work stoppages, or other interruptions to, or
        difficulties in, the employment of labour in markets in which we operate
        mines, or environmental hazards, industrial accidents or other events or
        occurrences, including third party interference that interrupt the
        production of minerals in our mines.

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 Limited