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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based mining 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

Post by TELEMARKERon Jan 01, 2022 1:54pm
232 Views
Post# 34276249

PEA $3.25 Billion who is going to finance that??

PEA $3.25 Billion who is going to finance that??CAPITAL COSTS
Total initial capital investment in the Project is estimated to be $3.25 billion, which represents the total direct and indirect cost for the complete development of the Project, including associated infrastructure and power plant. The following table shows how the initial capital is distributed between the various components.
Cost Item                                                                                              Total ($M)
Process Plant and Infrastructure Project Directs including freight          1,777
Project Indirects                                                                                         390
Contingency                                                                                               412
Subtotal                                                                                                   2,579
Mining
Mine Equipment                                                                                          409
Mine Preproduction                                                                                     211
Subtotal                                                                                                       620
Owner's Costs                                                                                               52
Total Initial Capital Costs                                                                           3,251
Sustaining Capital                                                                                         719
Total Life of Mine Capital Costs                                                                 3,970
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