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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 blueboron99on Apr 10, 2022 11:02am
130 Views
Post# 34591698

RE:RE:RE:RE:RE:RE:RE:RE:RE:MSD Podcast

RE:RE:RE:RE:RE:RE:RE:RE:RE:MSD Podcast dfwrgk,

Is there something to be said about this highlighted statement when the Cariboo Rose - Canadian Creek  property and WRN land purchase deal closed.

To me it appears Newmont wanted direct access from Casino to the Coffee project where their infrastucture will be located. Was the land purchase by WRN also a strategic move to accomodate Newmont at a later date after licensing was completed at the Coffee project. 
 
IMO, Newmont will become a partner at Casino for the gold, before Nov/22, or if they partner with another Major like Barrick, they will buy the entirety of Casino.
Newmont are here for the long term and not just for a 7M oz deposit of gold at the Coffee project. 

“The enhanced potential for advancing not only the Casino Deposit but also in tying potential future infrastructure development to the Newmont Goldcorp Coffee Project is very significant.”

https://www.mining-technology.com/news/casino-mining-acquire-creek-property/

Blue
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