Major upsideIf Casino etends on CRBs property:
Western Copper and Gold is solely focused on developing the world-class Casino project, located in the politically stable Yukon Territory.
Currently in the permitting phase, Casino is poised to be the premier Copper-Gold mine in Canada and the flagship mine for the Yukon. Western Copper and Gold, through its wholly owned subsidiary, Casino Mining Corporation, is committed to developing the Casino mine in a manner that provides economic opportunity for all involved while maintaining the highest levels of social and environmental practices.
Snapshot
| Ownership | 100% |
| Deposit Type | Porphyry (Gold, Copper and Molybdenum) |
| Reserve | 965 Million Tonnes mill ore + 157 Million tonnes heap leach (Proven + Probable) - 4.5 Billion lbs Copper
- 8.9 Million oz Gold
|
| Inferred Resource | 1.7 Billion Tonnes mill ore - 5.4 Billion lbs Copper
- 9.0 Million oz Gold
|
| Process | Conventional flotation mill & gold heap leach |
| End Products | Copper-gold and moly concentrates & gold-silver dor |
| Mine Type | Open pit |
| Mine Life | 22 years Initial mine life, 25+ years additional potential with the Inferred Resource |
| Employees | 600 (peak production), 1,000 (peak construction) |
| Location | 380 km (240 mi) northwest of Whitehorse, Yukon
560 km (350 mi) from year-round port at Skagway, Alaska |
| Status | Feasibility Study updated January 2013
Environment Assessment Application submitted January 2014
Currently in the Adequacy Phase of the permitting process |
| Schedule | Production: Heap +2 years from final permits. Mill +4 years from final permits |
| NPV – (@ 8%) | $1.83 Billion US (after-tax) |
| IRR | 20.1% (after-tax) |
| Capex | $2.46 Billion US |
| Cash Costs (US$/lb) | -$0.81 (net of by-products) |
| Schedule | Production: Heap +2 years from final permits. Mill +4 years from final permits |
Notes:
Feasibility Study: M3 Engineering & Technology Corporation. See Technical Report dated 25 January 2013. Qualified Person: Conrad Huss, P.E. of M3 is the qualified person responsible for the scientific and technical information in accordance with NI 43-101.