BODES WELL FOR VAN DYKE!!!
Stuart McDonald, President and CEO of Taseko, commented, "At current copper prices, we expect to fully fund construction of the Florence Copper Project with cashflow from Gibraltar operations and our existing cash balance. While we have no intention of drawing any funds from the new Facility on closing, it will further improve our already strong balance sheet and provide us with additional flexibility as we advance Florence towards production, making it America's newest source of low-carbon copper."
Additionally, the U.S. Environmental Protection Agency ("EPA") has advised Taseko that it intends to send a draft Underground Injection Control ("UIC") permit to the Company in mid-October and provide the Company with a two-week review period before the draft permit is formally issued, commencing the public comment period.