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<SEC-DOCUMENT>0000878518-06-000006.txt : 20060509
<SEC-HEADER>0000878518-06-000006.hdr.sgml : 20060509
<ACCEPTANCE-DATETIME>20060508210712
ACCESSION NUMBER:		0000878518-06-000006
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060502
FILED AS OF DATE:		20060509
DATE AS OF CHANGE:		20060508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TASEKO MINES LTD
		CENTRAL INDEX KEY:			0000878518
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31965
		FILM NUMBER:		06818447

	BUSINESS ADDRESS:	
		STREET 1:		1020-800 W. PENDER STREET
		CITY:			VANCOUVER BC CANADA V6C 2V6
		STATE:			A1
		ZIP:			00000
		BUSINESS PHONE:		(604) 684-6365

	MAIL ADDRESS:	
		STREET 1:		1020-800 W. PENDER STREET
		STREET 2:		V6C 2V6
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tko6k_050206.htm
<DESCRIPTION>PRESS RELEASE - MAY 2, 2006
<TEXT>
<html>
<head>
<title>Taseko Update Progress of Feasibility Study Work on Prosperity Copper-Gold Project</title>    </head>
<body lang=EN-US link=blue vlink=purple>
<div class=Section1>
  <div align="center">
    <p><font face="Verdana, Arial, Helvetica, sans-serif"><br>
      &nbsp; <br>
      &nbsp; <br>
      <strong><font size="4" face="Arial, Helvetica, sans-serif">UNITED STATES
      <br>
      SECURITIES AND EXCHANGE COMMISSION </font></strong><font size="3" face="Times New Roman, Times, serif"><br>
      Washington, DC 20549 <br>
      &nbsp; <br>
      &nbsp; <br>
      <strong><font size="4" face="Arial, Helvetica, sans-serif">FORM 6-K </font></strong><br>
      &nbsp; <br>
      &nbsp; <br>
      Report of Foreign Private Issuer <br>
      Pursuant to Rule 13a-16 or 15d-16 <br>
      of the Securities Exchange Act of 1934 <br>
      &nbsp; <br>
      &nbsp; <br>
      <b>CIK # 878518</b> <br>
      &nbsp; <br>
      &nbsp; <br>
      As at May 2, 2006 <br>
      &nbsp; <br>
      &nbsp; <br>
      <u><strong><font size="4" face="Arial, Helvetica, sans-serif">TASEKO MINES LIMITED</font></strong></u>
      <br>
      <b>800 West Pender Street, Suite 1020</b> <br>
      <b>Vancouver</b> <b>, British Columbia</b> <br>
      <b>Canada</b> <b> V6C 2V6</b> <br>
      &nbsp; <br>
      &nbsp; <br>
      Indicate by check mark whether the registrant files or will file annual
      reports under cover Form 20-F or Form 40-F. <br>
      &nbsp; <br>
      Form 20-F...X.... Form 40-F......... <br>
      &nbsp; <br>
      Indicate by check mark if the registrant is submitting the Form 6-K in paper
      as permitted by Regulation S-T Rule 101(b)(1): ____ <br>
      &nbsp; <br>
      &nbsp; <br>
      Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper
      of a Form 6-K if submitted solely to provide an attached annual report to
      security holders. <br>
      &nbsp; <br>
      &nbsp; <br>
      Indicate by check mark if the registrant is submitting the Form 6-K in paper
      as permitted by Regulation S-T Rule 101(b)(7): ____ <br>
      &nbsp; <br>
      &nbsp; <br>
      Indicate by check mark whether by furnishing the information contained in
      this Form, the registrant is also thereby furnishing the information to
      the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
      Act of 1934. <br>
      &nbsp; <br>
      Yes ..... No ..... <br>
      &nbsp; <br>
      If &quot;Yes&quot; is marked, indicate below the file number assigned to
      the registrant in connection with Rule 12g3-2(b): 82- ________ <br>
      &nbsp; <br>
      Signatures <br>
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized. <br>
      &nbsp; <br>
      &nbsp; <br>
      By: /s/ Jeffrey R. Mason <br>
      Director and Chief Financial Officer <br>
      &nbsp; <br>
      Date: May 2, 2006 <br>
      &nbsp; <br>
      Print the name and title of the signing officer under his signature. <br>
      &nbsp; <br>
      ------ <br>
      <strong><font size="4" face="Arial, Helvetica, sans-serif">Taseko Mines
      Limited </font><font face="Arial, Helvetica, sans-serif"><br>
      1020 - 800 W Pender St</font></strong><font face="Arial, Helvetica, sans-serif"><b>.</b>
      <br>
      <b>Vancouver</b> <b> BC</b> <br>
      <b>Canada</b> <b> V6C 2V6</b> <br>
      <b>Tel 604 684 - 6365</b> <br>
      <b>Fax 604 684 - 8092</b> <br>
      <b>Toll Free 1 800 667 - 2114</b> <br>
      <b> http://www.tasekomines.com</b> <br>
      <strong>&nbsp;</strong> </font><strong><br>
      <font face="Arial, Helvetica, sans-serif">TASEKO UPDATE PROGRESS OF FEASIBILITY
      STUDY WORK ON <br>
      PROSPERITY COPPER-GOLD PROJECT </font></strong></font></font></p>
    <p align="justify"> <font size="3" face="Times New Roman, Times, serif"><b>May
      2, 2006 Vancouver, BC</b> &#45; Taseko Mines Limited (TSX: TKO; AMEX: TGB)
      announces that it has retained engineering firm SNC Lavalin to update the
      feasibility study on its Prosperity copper-gold project, located 125 kilometres
      southwest of the City of Williams Lake in south-central British Columbia.
      Taseko&#39;s 100% owned Prosperity property hosts one of the largest undeveloped
      open pittable copper-gold deposits in North America. <br>
      &nbsp; <br>
      Completion of a preliminary overview study of the project is expected by
      the middle of May. This overview study will guide detailed engineering work
      for updating the feasibility study. <br>
      &nbsp; <br>
      The initial focus of the overview study will be redesign of the concentrator,
      in particular, utilizing a large diameter single SAG mill (Semi-Autogenous
      Grinding mill) as opposed to multiple smaller SAG mills. A single SAG mill
      design will significantly reduce the capital and operating costs relative
      to previous studies undertaken on the Prosperity project, as grinding circuits
      account for 40% of the cost of concentrator facilities. <br>
      &nbsp; <br>
      Previously reported measured and indicated resources for Prosperity copper-gold
      deposit at 0.20% copper cut-off are as follows: </font></p>
  </div>
  <div align="justify">
    <table class=MsoTableGrid border=1 cellspacing=0 cellpadding=0  style=&#39;margin-left:.9pt;border-collapse:collapse;border:none&#39;>
      <tr> <td width=228 rowspan=2 valign=top style=&#39;width:171.0pt;border-top:none;   border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        &nbsp; </td>
        <td width=84 valign=top style=&#39;width:63.0pt;border:solid windowtext 1.0pt;   border-left:none;background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;>
          <br> <b>Size</b> </td>
        <td width=189 colspan=2 valign=top style=&#39;width:141.75pt;border:solid windowtext 1.0pt;   border-left:none;background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;>
          <br> <b>Grade</b> </td>
        <td width=189 colspan=2 valign=top style=&#39;width:141.75pt;border:solid windowtext 1.0pt;   border-left:none;background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;>
          <br> <b>Contained Metal</b> </td>
      </tr>
      <tr> <td width=84 valign=top style=&#39;width:63.0pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>Million</b> <br>
        <b>Tonnes</b> </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>Copper</b> <br>
        <b>%</b> </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>Gold</b> <br>
        <b>g/t</b> </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>Billion</b> <br>
        <b>lb Cu</b> </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#E6E6E6;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>Million</b> <br>
        <b>oz Au</b> </td></tr>
      <tr>
        <td width=228 valign=top style=&#39;width:171.0pt;border:solid windowtext 1.0pt;   border-top:none;padding:0in 5.4pt 0in 5.4pt&#39;>
          <font face="Arial, Helvetica, sans-serif"><br>
          Measured </font></td><td width=84 valign=top style=&#39;width:63.0pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;>
        <br>
        412.6 </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        0.307 </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        0.511 </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        2.8 </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        6.8 </td></tr>
      <tr>
        <td width=228 valign=top style=&#39;width:171.0pt;border:solid windowtext 1.0pt;   border-top:none;padding:0in 5.4pt 0in 5.4pt&#39;>
          <font face="Arial, Helvetica, sans-serif"><br>
          Indicated Resources </font></td><td width=84 valign=top style=&#39;width:63.0pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;>
        <br>
        181.9 </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        0.267 </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        0.408 </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        1.6 </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   padding:0in 5.4pt 0in 5.4pt&#39;><br>
        2.4 </td></tr>
      <tr>
        <td width=228 valign=top style=&#39;width:171.0pt;border:solid windowtext 1.0pt;   border-top:none;background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;>
          <font face="Arial, Helvetica, sans-serif"><br>
          <b>Measured &amp; Indicated Resources</b> </font></td><td width=84 valign=top style=&#39;width:63.0pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;>
        <br>
        <b>594.5</b> </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>0.295</b> </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>0.480</b> </td><td width=94 valign=top style=&#39;width:70.85pt;border-top:none;border-left:   none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>4.4</b> </td><td width=95 valign=top style=&#39;width:70.9pt;border-top:none;border-left:none;   border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;   background:#FFFF99;padding:0in 5.4pt 0in 5.4pt&#39;><br>
        <b>9.2</b> </td></tr>
    </table>
    <p> <b><font size="2">Note 1:</font></b> <font size="2"><br>
      These resources, based on a copper cut-off, are only to be used for general
      comparisons as the economics of this deposit call for a Net SmelterReturn
      calculation to be performed for copper and gold, factoring in metal prices,
      costs of production and recoveries for both variables. <br>
      <b>Note 2:</b> <br>
      Estimated by G. Giroux, P.Eng., in 1998.&nbsp; Although an historical estimate,
      according to Giroux the resources would meet the guidelines for these categories
      as set out by the Canadian Institute of Mining, Metallurgy and Petroleum,
      as required under National Instrument 43-101, and there would be no significant
      change in the mineral resources.&nbsp; </font><br>
      <font face="Times New Roman, Times, serif">&nbsp; <br>
      <font size="3">The feasibility study under review was developed based on
      mining 490 million tonnes, incorporating a 70,000 tpd concentrator and mine,
      producing 230,000 ounces of gold and 100 million pounds of copper annually
      for 20 years. </font></font></p>
    <p><font size="3" face="Times New Roman, Times, serif">For further details
      on Taseko and its properties, please visit the Company&#39;s website at
      www.tasekomines.com or contact Investor Services at (604) 684-6365 or within
      North America at 1-800-667-2114. <br>
      &nbsp; <br>
      Russell Hallbauer <br>
      <i>President and CEO</i> </font><font size="3" face="Verdana, Arial, Helvetica, sans-serif"><br>
      </font></p>
    <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Neither the
      TSX nor American Stock Exchange accepts responsibility for the adequacy
      or accuracy of this release. <br>
      &nbsp; </font><font size="3" face="Verdana, Arial, Helvetica, sans-serif"><br>
      <font size="2">This release includes certain statements that may be deemed
      &quot;forward-looking statements&quot;. All statements in this release,
      other than statements of historical facts, that address estimated resource
      quantities, grades and contained metals, possible future mining, exploration
      and development activities, are forward-looking statements. Although the
      Company believes the expectations expressed in such forward-looking statements
      are based on reasonable assumptions, such statements should not be in any
      way construed as guarantees of future performance and actual results or
      developments may differ materially from those in the forward-looking statements.
      Factors that could cause actual results to differ materially from those
      in forward-looking statements include market prices for metals, the conclusions
      of detailed feasibility and technical analyses, lower than expected grades
      and quantities of resources, mining rates and recovery rates and the lack
      of availability of necessary capital, which may not be available to the
      Company on terms acceptable to it or at all. The Company is subject to the
      specific risks inherent in the mining business as well as general economic
      and business conditions. For more information on the Company, Investors
      should review the Company&#39;s annual Form 20-F filing with the United
      States Securities Commission and its home jurisdiction filings that are
      available at www.sedar.com. </font></font></p>
    <p align="center"><font size="3" face="Verdana, Arial, Helvetica, sans-serif"><font color="#0080FF" size="2"><b>Information
      for US Persons Concerning Estimates of Measured and Indicated Resources</b>
      </font></font></p>
    <p><font size="3" face="Verdana, Arial, Helvetica, sans-serif"><font size="2">This
      news release also uses the terms &quot;measured resource&quot; and &quot;indicated
      resources&quot;. Taseko Mines Limited advises investors that although these
      terms are recognized and required by Canadian regulations (under National
      Instrument 43-101 Standards of Disclosure for Mineral Projects), the U.S.
      Securities and Exchange Commission does not recognize them. Investors are
      cautioned not to assume that any part or all of the mineral deposits in
      these categories will ever be converted into reserves. <br>
      &nbsp; <br>
      &nbsp; </font></font></p>
    </div>
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</DOCUMENT>
</SEC-DOCUMENT>
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