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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based exploration stage company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Comment by Oakie1on Jan 27, 2023 6:38pm
109 Views
Post# 35251262

RE:RE:RE:RE:RE:RE:Q1: Is Moly removed from NPV

RE:RE:RE:RE:RE:RE:Q1: Is Moly removed from NPVMetal,
You are exactly right. I'm not concerned that RIO may not know the true value of moly - it's WRN I'm concerned about - I hope they know. The US government has finally come to realize how vulnerable the US has become with rare earth and strategic minerals. China controls the majority of rare earth minerals (having many uses that have to do with our national security). The strategic minerals are also essential for our national security, and include moly, lithium, Yttrium, cesium, and others. That is why the price of moly has jumped so much lately, and I think that price will be $33/lb or better from this point on. WRN may be sitting on a "gold mine" of moly! I may need to go and give them a lecture on the future value of the moly. Butte Resources, a copper miner in Montana, has graduated the moly in their ore from a by- product to a co- product, and in 2020 produced 66 million lbs of Cu and 8.7 million lbs of moly. The executive VP was interviewed recently, and stated " Without moly, we don't have a mine. We have to have moly to make this a viable operation." Paul, take a long, hard look at moly and make sure you are properly compensated in the buyout for that very valuable asset.
Oakie 1
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