Taseko Mines (AMEX:TGB) Shares Soar on Drilling Results

Taseko Mines Ltd. (AMEX:TGB) soared on the news drilling at their Aley Niobium Project was "highly successful."

Taseko said in a press release,"its 2010 core drilling program completed at its wholly-owned Aley Niobium Project located near Mackenzie, British Columbia has been highly successful. Assay results indicate strong potential for development of a major niobium deposit and mine operation."

Shares of Taseko were trading at $5.82, gaining $0.75, or 14.79 percent, as of 12:26 PM EST.