February 28, 2022, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) is pleased to announce that the Gibraltar Mine and the Williams Lake First Nation (“WLFN”) have renewed a Participation and Cooperation Agreement (“Agreement”) originally developed and signed in April 2013.

The Agreement commits the Gibraltar Mine and the WLFN to work together in the interest of achieving environmentally responsible and economically beneficial mine development at Taseko’s copper-molybdenum mine near Williams Lake, BC. In addition to enhancing understanding, communication and cooperation between the parties, the Agreement also provides clear mechanisms to advance employment and contracting opportunities for WLFN members, as well as education, training, and community development initiatives.

To commemorate the renewed Agreement and relationship, the parties held a signing ceremony on February 24th, 2022, at the WLFN’s new administration building, near Williams Lake.

Stuart McDonald, President and CEO of Taseko, commented, “We are pleased to have renewed this important Agreement and look forward to building on our well-established relationship with the whole community. Throughout our long relationship with the WLFN, we have developed strong and open lines of communication and gained a better understanding of their history and approach to economic development. Taseko would like to thank the WLFN for being a forward-thinking, progressive partner and we look forward to continuing this prosperous partnership into the future.”

Chief Willie Sellars of the WLFN commented “We are proud of the positive relationship that has been fostered between our community and Gibraltar. Whenever possible, our approach is to work with industry to develop mutually beneficial relationships and opportunities, and our long-standing relationship with Gibraltar illustrates this. This partnership addresses WLFN’s need to be actively engaged in environmental stewardship and furthers the social, cultural, and economic interests and endeavors of our community.”

For further information on Taseko, please visit the Taseko website at www.tasekomines.com or contact:

Investor enquiries: Brian Bergot, Vice President, Investor Relations
Media enquiries: Sean Magee, Vice President, Corporate Affairs

778-373-4533 or toll free 1-877-441-4533

Stuart McDonald
President & CEO