Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Taseko Mines Limited - Exhibit 10.10

 Red Mile Resources Fund Limited Partnership 

  c/o Red Mile Resources Inc. 

  Suite 620 — 1001 13 Avenue S.W.

  Calgary, Alberta 

  T2R 0L5 

September 29, 2004 

Taseko Mines Limited 

  1020, 800 West Pender Street 

  Vancouver, British Columbia 

  Canada, V6C 2V6 

Dear Sirs:

 In consideration of the mutual covenants herein contained
  and for other good and valuable consideration (the receipt and sufficiency of
  which are hereby acknowledged), Taseko Mines Limited (“Taseko”)
  and Red Mile Resources Fund Limited Partnership (“RMRF”) agree as
  follows with respect to certain services that have been, and continue to be,
  provided by Taseko to RMRF (the “Services”). 

	1. 	Payment and Services 

Taseko and RMRF acknowledge that: 

	 (a)      	 RMRF is engaged in the business of participating
        in various resource activities, including oil and gas exploration and/or
        development and mining activities (including the acquisition of royalty
        interests in Canadian mineral tenures) and to further such business activities,
        RMRF wishes to engage Taseko to provide the Services as set forth below
        in accordance with the terms and conditions of this Agreement: 

	 
	 	 a.     
      
	 identifying potential (i) mineral tenures owned
        by Canadian resource companies, in which RMRF may directly or indirectly
        acquire a royalty interest and/or (ii) oil and gas opportunities in which
        RMRF may directly or indirectly acquire a working interest; 

	 
	 	 b.      
	 co-ordinating and facilitating arrangements between
        RMRF and the owners / operators of such resource properties; and 

	 
	 	 c.      
	 providing references to Canadian resource companies
        when reasonably requested. 

	 
	 (b)      	 In providing the Services, Taseko shall
        make available the services of senior officers, including its President,
        together with its Professional Staff, including its contractors and consultants,
        on a reasonable basis; and 

 -2- 

	 (c)  	 As compensation
        for Taseko for providing Services and making available the services of
        its senior officers, including its President, together with its Professional
        Staff, including its contractors and consultants, RMRF has agreed to pay
        to Taseko

	 	 	 
	 	 a.  
	 an amount equal to $1,968,034 on
        September 29, 2004,  

	 	 	 
	 	 b.  
	 an amount equal to $5,250,000 on
        or before December 15, 2004, and  

	 	 	 
	 	 c.  
	 an amount equal to $165,000 on or
        before February 15, 2005  

	 	 	 
	 2  	 General 
      

	 	 	 
	 (a)  	 Each of the
        parties hereto warrants that it has the capacity to enter into this agreement
        and perform all its obligations hereunder, that it has been duly authorized
        to do so by all appropriate actions required of it and that the performance
        of all of its obligations hereunder will not contravene any laws, regulations
        or other rules binding upon it

	 	 	 
	 (b)  	 Each of the
        parties hereto will execute all documents and do all things reasonably
        required to give effect to the purposes of this agreement forthwith upon
        its receipt of a request of the other side to do so.

	 	 	 
	 (c)  	 This agreement
        shall be binding upon the parties hereto as well as their successors and
        assigns. None of the parties hereto may assign this agreement to any other
        party, except the right to be paid money and except as necessary to give
        effect to this agreement, without the consent of the other party hereto,
        which consent will not be unreasonably withheld.

	 	 	 
	 (d)  	 the term of
        this Agreement shall commence upon the execution hereof and extend until
        December 31, 2004 or such later date as may be agreed.

	 	 	 
	 (e)  	 The terms of
        this agreement are strictly confidential and may not be disclosed without
        the express written consent of the other party hereto.

	 	 	 
	 (f)  	 This agreement
        shall be governed by and construed in accordance with the laws of the
        Province of British Columbia and the parties hereto irrevocably attorn
        to the jurisdiction of the courts of the Province of Columbia.

 -3- 

	 (g)      	 This agreement may be executed in one or more counterparts,
        each of which shall constitute an original hereof and which together shall
        constitute one agreement. 

	 	 RED MILE RESOURCES INC in its own capacity and in 
    
	 	 its capacity as general partner on behalf of all
      the  
	 	 limited partners of RED MILE RESOURCES FUND 
    
	 	 LIMITED PARTNERSHIP  
	 	 	  
	 	 	  
	 	By:  	 /s/
      signature  
	 	 	  
	 	 	  
	 	 	  
	 	 TASEKO MINES LIMITED  
	 	 	  
	 	 	  
	 	 	  
	 	By:	  /s/ signatureFiled by Automated Filing Services Inc. (604) 609-0244 - Taseko Mines Limited - Exhibit 10.11

 SHORTFALL AGREEMENT 

 THIS AGREEMENT dated September 29, 2004. 

A M O N G: 

  
    
       RED MILE RESOURCES INC., in its capacity as general
        partner on behalf of all of the partners of RED MILE RESOURCES FUND
        LIMITED PARTNERSHIP, an Alberta limited partnership

       (the “RMRF”) 

       - and - 

       WILSHIRE (GP) NO. 2 CORPORATION, in its capacity
        as general partner on behalf of all of the partners of RED MILE RESOURCES
        NO. 2 LIMITED PARTNERSHIP, a British Columbia limited partnership
      

       (the “RLP”) 

       - and - 

       WILSHIRE FINANCIAL SERVICES INC, a corporation
        incorporated pursuant to the laws of the Province of Alberta 

       (the “Wilshire”) 

       - and - 

       GIBRALTAR MINES LTD., a corporation incorporated
        pursuant to the laws of the Province of British Columbia 

       (the “Resource Company”) 

    

  

WHEREAS: 

	 	 A.      	 Pursuant to loan arrangements arranged by Wilshire,
        Alberta Capital Trust Corporation (“Alberta Trust”)
        has agreed to advance funds to the limited partners of RMRF; 

	 
	 	 B.      	 The limited partners of RMRF will be using the proceeds
        of such loan advances to fund a portion of their respective subscriptions
        for units of RMRF; 

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	 	 C.      	 RMRF will be using such subscription proceeds to
        purchase limited partnership units of Red Mile Resources No. 2 Limited
        Partnership (“RLP”); 

	 
	 	 D.      	 Pursuant to various agreements, Resource Company
        is required to provide security to each of Wilshire, RMRF, RLP and Alberta
        Trust; 

	 
	 	 E.      	 Alberta Trust has mandated that the only acceptable
        security for such obligations shall be a pledge of a promissory note (the
        “Promissory Note”) issued by Alberta Trust upon the
        advance by the Resource Company to Alberta Trust of a specific sum of
        money and Wilshire, RMRF and RLP have agreed that the Pledge of the Promissory
        Note is the only form of acceptable security. 

	 
	 	 F.      	 Pursuant to paragraph 10 of the pledge, priorities
        and direction agreement (the “PDDA”) among, inter
        alia, RMRF, RLP, Alberta Trust and Resource Company, Resource Company
        is entitled to satisfy certain obligations by way of a transfer or assignment
        of the Promissory Note; 

 NOW THEREFORE, in consideration of the mutual covenants
  contained herein and other good and valuable consideration, the receipt and
  sufficiency of which are herby acknowledged, the parties hereto agree as follows:

	 1.      	 Preamble and Paragraph References. The preamble
        to this Agreement shall form an integral part hereof. All references in
        this Agreement to paragraphs and subparagraphs refer to paragraphs and
        subparagraphs of this Agreement unless otherwise specified. 

	 
	 2.      	 Acknowledgement re Transfer of Promissory Note.
        Each of RLP and RMRF agree that to the extent that Resource Company
        transfers the Promissory Note to RLP or RMRF, as the case may be, pursuant
        to paragraph 10 of the PPDA, as between RMRF, RLP and Resource Company,
        Resource Company shall be deemed to have paid an amount equal to its the
        aggregate of the outstanding principal balance owing under the Promissory
        Note at the time of transfer and any accrued and unpaid interest owing
        thereon (the “Face Value”). 

	 
	 3.      	 Obligation to Make Payment. Notwithstanding
        Paragraph 2 hereof, Wilshire agrees that to the extent that the realizable
        value of the Promissory Note at the time of the transfer from Resource
        Company to RLP or RMRF (the “Realizable Value”) is
        less than the Face Value, Wilshire will immediately pay to RLP or RMRF,
        as the case may be, the difference between the Face Value and the Actual
        Value. 

	 
	 4.      	 Governing Law. This Agreement shall be governed
        by and construed and in force in accordance with the law of the Province
        of Alberta and the law of Canada applicable therein. 

	 
	 5.      	 Counterparts. This Agreement may be executed
        in counterparts, each of which shall be deemed an original and all of
        which, taken together, shall constitute one and the same instrument. Delivery
        of an executed counterpart of this Agreement by facsimile shall be 

 2 

 

	 	 equally effective as delivery of a manually executed
        counterpart thereof. Any party delivering an executed counterpart by facsimile
        shall also deliver a manually executed counterpart of this Agreement,
        but failure to do so shall not affect the validity, enforceability, or
        binding effect hereof. 

	 
	 6.      	 Severability. Any provision of this Agreement
        which is invalid, illegal or unenforceable in any jurisdiction shall,
        as to that jurisdiction, be ineffective to the extent of such invalidity
        or illegality or unenforceability, without affecting in any way the remaining
        provisions hereof in such jurisdiction or rendering that or any other
        provision of this Agreement invalid, illegal or unenforceable in any other
        jurisdiction. 

	 
	 7.      	 Entire Agreement. This Agreement constitutes
        the entire among RMRF, RLP, Wilshire and Resource Company in connection
        with the credit facility created hereunder and supersedes all prior agreements,
        whether oral or written, between Wilshire and Resource Company in respect
        of the transactions contemplated hereby. 

[REST OF PAGE LEFT INTENTIONALLY BLANK] 

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 IN WITNESS WHEREOF, the parties hereto have executed
  this Agreement as of the date first mentioned above. 

	 	 RED MILE RESOURCES INC.,
        in its capacity as general partner on behalf of all of the partners of
        RED MILE RESOURCES FUND LIMITED PARTNERSHIP

	 	 	  
	 	 	  
	 	By:  
	 
    
	 	 	 Authorized Signing Officer  

	 	 	  
	 	 	  
	 	 WILSHIRE (GP) NO. 2 CORPORATION,
        in its capacity as general partner on behalf of all of the partners of
        RED MILE RESOURCES NO. 2 LIMITED PARTNERSHIP

	 	 	  
	 	 	  
	 	By:  	  
	 	 	 Authorized Signing Officer  
	 	 	  
	 	 	  
	 	 WILSHIRE FINANCIAL SERVICES INC. 
    
	 	 	  
	 	 	  
	 	By:  	  
	 	 	 Authorized Signing Officer  
	 	 	  
	 	 	  
	 	 GIBRALTAR MINES LTD.  
	 	 	  
	 	 	  
	 	By:  	  
	 	 	 Authorized Signing Officer  

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