TML Treasury Metals Inc

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced
today that Teck Metals Ltd. ("TML") has entered into an agreement regarding
certain facts with the plaintiffs in Pakootas et al v. Teck Metals Ltd. in civil
proceedings under the Comprehensive Environmental Response, Compensation and
Liability Act ("CERCLA"). The effect of the agreement is to avoid the need for a
trial over technical issues in the liability phase of the case. Despite the
agreement, important scientific issues, as well as jurisdictional and other
legal issues relating to the case remain to be resolved.


The agreement stipulates that some portion of the slag discharged from Teck's
Trail Operations into the Columbia River between 1896 and 1995, and some portion
of the effluent discharged from Trail Operations, have been transported to and
are present in the Upper Columbia River in the United States, and that some
hazardous substances from the slag and effluent have been released into the
environment within the United States. These facts are expected to provide the
minimum requirements to allow the court to find in favour of the plaintiffs on
their claim for a declaratory judgment that TML is liable under CERCLA for
response costs, the amount of which will be determined in a subsequent phase of
the case. The subsequent hearing, with respect to claims for natural resource
damages and costs, is expected to be deferred while the remedial investigation
and feasibility study with respect to environmental conditions in the Upper
Columbia River are completed. That study, being undertaken by Teck American
Incorporated ("TAI") pursuant to a 2006 agreement with the United States
Environmental Protection Agency, is currently expected to be completed in 2015. 


TAI continues to work with the Environmental Protection Agency, the State, the
Tribes and others on studies in the Upper Columbia River, which to date have
generally shown that the water in the river system meets applicable water
quality standards in both Canada and the United States, that the beaches are
safe for recreational activities, and that the fish in the river system are as
safe or safer to eat than fish in other water bodies in Washington State. TAI
has commissioned a study by experts in natural resource damage assessment and on
the basis of that study it estimates that the compensable value of any damage
will not be material.


Teck continues to work cooperatively with regulators to complete its
investigation of environmental conditions in the Upper Columbia River. Today,
metals in discharges from Trail Operations are much lower than naturally
occurring metals loads in the Columbia River. While the slag historically
deposited in the river has been shown to release small quantities of metals
under certain conditions, it is generally inert.


There can be no assurance that TML will ultimately be successful in its defense
of the litigation, or that Teck or its affiliates will not be faced with further
liability in relation to this matter. Until the studies described above and
additional damage assessments are completed it is not possible to estimate the
extent and cost, if any, of any remediation or restoration that may be required,
or to fully assess TML's potential liability for damages. The studies may
conclude, on the basis of risk, cost, technical feasibility or other grounds,
that no remediation should be undertaken. If remediation is required and damage
to resources found, the cost of remediation may be material.


Forward-Looking Statements 

This press release contains certain forward-looking statements within the
meaning of the United States Private Securities Litigation Reform Act of 1995
and forward-looking information as defined in the Securities Act (Ontario).
Forward-looking statements include statements regarding Teck's expectations
regarding the outcome of the Upper Columbia River litigation, estimates of
compensable damage and future potential liability of TML, and estimated timing
of completion of the remedial investigation and feasibility study with respect
to the Upper Columbia River. Forward-looking statements involve known and
unknown risks, uncertainties and other factors, which may cause actual results
to be materially different from any future result expressed or implied by the
forward-looking statements. 


These forward-looking statements are based on certain assumptions. Factors that
may cause actual results to vary include, but are not limited to, unanticipated
results of future sampling and scientific analysis, difficulties in obtaining
permits for future sampling programs or disagreements with regulatory
authorities, unanticipated changes in law or appeals, reversals, or other
developments in the litigation itself. Teck does not assume the obligation to
revise or update these forward-looking statements after the date of this
document or to revise them to reflect the occurrence of future unanticipated
events, except as may be required under applicable securities laws.


About Teck 

Teck is a diversified resource company committed to responsible mining and
mineral development with major business units focused on copper, steelmaking
coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed
on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York
Stock Exchange under the symbol TCK.

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