Nov. 13 at 5:36 PM
$TGB Taseko's (TGB) in-situ recovery (ISR) process at Florence Copper uses low-pH acid injection to extract copper from oxide ore, offering low costs (
$1.10/lb AISC) and ESG benefits but with moderate risks (4-5/10) like hydrological variability, groundwater issues, and 10-20% recovery fluctuations (target 65.8%).
Certainty of success is high (80-90%), validated by a commercial-scale Production Test Facility (PTF, 2018-2020) producing >1M lbs of pure copper, plus historical pilots at the site. ISR is proven elsewhere (e.g., Gunnison Copper since 2020; BHP Miami for decades), with expert NI 43-101 design incorporating advanced modeling and QA/QC.De-risked via permits, funding (
$173M raise), and on-schedule ramp-up (first cathode Q1 2026), residual risks are execution-focused.
For investors, this doubles production to 185M lbs/year, boosting NPV to ~
$3B+ at
$4.50/lb copper—transformative upside if rates hold, but monitor Q1 2026 flows.
Adding
