Company: TGB
Filing Date: 2025-07-02
Form Type: F-10
Source: 0001062993-25-012433
Chunk: 11

Company: TASEKO MINES LTD
Filing Date: 2025-07-02
Form: F-10
Chunk 11
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 operations;

our ability to draw down on our revolving credit facility to support our working capital needs and ramp up of operations at Florence Copper;

the amounts we are required to pay for our acquisition of Cariboo Copper Corporation, which holds 25% of the Gibraltar Joint Venture, which in turn holds Gibraltar, will increase with higher copper prices;

the risk of inadequate insurance or inability to obtain insurance to cover our business risks;

uncertainties related to the accuracy of our estimates of Mineral Reserves (as defined below), Mineral Resources (as defined below), production rates and timing of production, future production and future cash and total costs of production and milling;

the risk that we may not be able to expand or replace Mineral Reserves as our existing Mineral Reserves are mined;

the risk that the results from our development of Florence Copper will not meet our estimates of remaining construction costs, operating expenses, revenue, rates of return and cash flows from operations which have been projected by the technical report for Florence;

the risk of cost overruns or delays in our completion of construction of the commercial facilities at Florence Copper, resulting in not commencing commercial production within our current projected timeline or within our current projected cost estimates;

uncertainties related to the execution plan for Florence Copper resulting from inflation risk, supply chain disruptions, material and labour shortages or other execution risks;

our ability to comply with all conditions imposed under the Aquifer Protection Permit ("APP") and Underground Injection Control ("UIC") permits for the construction and operation of Florence Copper;

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the availability of, and uncertainties relating to, any additional financing necessary for the continued operation and development of our projects, including with respect to our ability to obtain any additional construction financing, if needed, to complete the construction and commencement of commercial operations at Florence Copper;

shortages of water supply, critical spare parts, maintenance service and new equipment and machinery or our ability to manage surplus water on our mine sites may materially and adversely affect our operations and development projects;

our ability to comply with the extensive governmental regulation to which our business is subject;

uncertainties related to our ability to obtain necessary title, licenses and permits for our development projects and project delays due to third party opposition;

uncertainties related to Indigenous people's claims and rights, and legislation and government policies regarding the same;

our reliance on the availability of infrastructure necessary for development and on operations, including on rail transportation and port terminals for shipping of our copper concentrate production from Gibraltar, and rail transportation and power for the feasibility of our other British