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<SEC-DOCUMENT>0000878518-06-000016.txt : 20060824
<SEC-HEADER>0000878518-06-000016.hdr.sgml : 20060824
<ACCEPTANCE-DATETIME>20060823183034
ACCESSION NUMBER:		0000878518-06-000016
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060814
FILED AS OF DATE:		20060824
DATE AS OF CHANGE:		20060823

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TASEKO MINES LTD
		CENTRAL INDEX KEY:			0000878518
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31965
		FILM NUMBER:		061051745

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 1020
		STREET 2:		800 WEST PENDER STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2V6
		BUSINESS PHONE:		604-684-6365

	MAIL ADDRESS:	
		STREET 1:		SUITE 1020
		STREET 2:		800 WEST PENDER STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2V6
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tko6k_081406.htm
<DESCRIPTION>PRESS RELEASE AUGUST 14, 2006
<TEXT>
<html>
<head>
<title>Update on Drilling Program at Taseko's Gibraltar Mine - Further Drilling Planned in 2006</title>    </head>
<body lang=EN-US link=blue vlink=purple>
<div class=Section1>
  <div align="center">
    <p><font size="3" face="Arial, Helvetica, sans-serif"><br>
      &nbsp; <br>
      <font size="4">&nbsp; <br>
      <b>UNITED STATES</b> <br>
      <b>SECURITIES AND EXCHANGE COMMISSION</b> </font><br>
      Washington, DC 20549 <br>
      &nbsp; <br>
      <font size="4">&nbsp; <br>
      <b>FORM 6-K</b> </font><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 August 14, 2006 <br>
      &nbsp; <br>
      <b> <u><font size="4">TASEKO MINES LIMITED</font></u></b> <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: August 14, 2006 <br>
      &nbsp; <br>
      Print the name and title of the signing officer under his signature. <br>
      ------------------- </font></p>
    <p><font size="3" face="Arial, Helvetica, sans-serif"><br>
      <b>Taseko Mines Limited</b> <br>
      <b>1020 - 800 W Pender St.</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>www.tasekomines.com</b> <br>
      &nbsp; <br>
      <strong>UPDATE ON DRILLING PROGRAM AT TASEKO&#39;S GIBRALTAR MINE<br>
      FURTHER DRILLING PLANNED IN 2006 </strong></font></p>
    <p align="justify"> <b><font size="3" face="Arial, Helvetica, sans-serif">August 14,
      2006, Vancouver, BC </font></b><font size="3" face="Arial, Helvetica, sans-serif">&#45;
      Taseko Mines Limited (TSX: TKO; AMEX: TGB) announces that the results from
      this year&#39;s diamond drilling program at the <b>Gibraltar Mine</b> are
      confirming continuity, location, and grade of the deposit beyond the boundaries
      of the currently defined mineral resources and adjacent to existing proven
      and probable reserves. New geological model analysis has also been done
      that indicates potential for further expansion of resources in the area
      between the existing Pollyanna and Granite Lake pits. Based on these results,
      the Company will be expanding this year&#39;s drill program by an additional
      $1,000,000. A positive outcome of this expanded program will bode well for
      the near term economics of Gibraltar as it will allow for simplification
      of the mine development. <br>
      &nbsp; <br>
      Since March 2006, 62 diamond drill holes, totalling 18,000 meters, have
      been completed at Gibraltar at a cost of $2 million. Approximately 75% of
      the drilling was carried out in areas immediately below or beside current
      mineral reserves. These areas were not sufficiently drilled in previous
      programs to qualify as measured resources. <br>
      &nbsp; <br>
      A main objective of this year&#39;s drill program was to define an additional
      75 million to 100 million tons of resources that could be upgraded to reserves;
      results to date indicate that this objective should be achieved. A key approach
      applied in the program was to continue drill holes as long as mineralization
      was encountered that could readily be included in the mine plan, rather
      than stopping holes at a pre-determined depth as had been done in the past.
      This deeper drilling has provided critical information below the current
      pit walls where the inherent strip ratio would be reduced by mining of the
      current reserves. A reserve update will be published following full mine
      plan development and economic analysis. <br>
      &nbsp; <br>
      In addition to the above, geological models for the two main current pits,
      Pollyanna and Granite Lake have been combined. A significant volume of material
      occurs within the wedge between the two pits which provides potential new
      reserves within a larger pit with a relatively low strip ratio. This area
      is the target of the further drilling for 2006 and if the results are as
      anticipated, these additional resources will then be included in mine planning
      and development to be upgraded to a mineral reserve. <br>
      &nbsp; <br>
      Specific drilling results from the first 2006 drilling program will be released
      when all assaying is completed. Updates on the drilling between the Pollyanna
      and Granite Lake pit will be provided when sufficient information is obtained
      and confirmed. <br>
      &nbsp; <br>
      For further details on Taseko Mines Limited, please 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> <br>
      &nbsp; <br>
      &nbsp; <br>
      The Toronto Stock Exchange and the American Stock Exchange have neither
      approved nor disapproved of the contents of this press release. <br>
      &nbsp; <br>
      <font size="2">This news release contains forward-looking statements that
      are based on current expectations and which involve risks and uncertainties,
      including those referred to in Taseko&#39;s Annual Information Form (&quot;AIF&quot;)
      filed with Canadian securities regulatory authorities, or Taseko&#39;s annual
      Form on 20F (&#34;20F&#34;) filed with United States securities regulatory
      authorities, that could cause actual events or results to differ materially
      from estimated or anticipated events or results reflected in the forward-looking
      statements. Such forward-looking statements include statements regarding
      financial results and expectations for 2006 and include, among other things,
      statements regarding targets, estimates and/or assumptions in respect of
      copper production and/or copper prices, cash operating costs, expenditures
      on property, plant and equipment, increases and decreases in production,
      reserves and/or resources and anticipated grades and recovery rates and
      are or may be based on assumptions and/or estimates related to future economic,
      market and other conditions. Factors that could cause actual results, developments
      or events to differ materially from those anticipated include, among others,
      the factors described or referred to elsewhere herein and/or in the AIF
      and 20F, and include unanticipated and/or unusual events. Many of such factors
      are beyond Taseko&#39;s ability to control or predict. Actual results may
      differ materially from those anticipated. Readers are cautioned not to put
      undue reliance on forward-looking statements due to the inherent uncertainty
      therein. Taseko disclaims any intent or obligation to update publicly any
      forward-looking statements, whether as a result of new information, future
      events or results or otherwise. <br>
      &nbsp; <br>
      For further information on the Company, Investors should review the Company&#39;s
      Canadian public filings at www.sedar.com or its US public filings at www.sec.gov.
      </font><br>
      <b>&nbsp;</b> </font></p>
  </div>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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