ESE Statement As 2023 is mentioned here, is this something that WRN will batton touch to Rio?
WESTERN COPPER AND GOLD UPDATES SCHEDULE OF ENVIRONMENTAL AND SOCIO-ECONOMIC EFFECTS STATEMENT SUBMISSION PROCESS FOR CASINO
Thu,December 16,2021,10:06 PM·2 min read
VANCOUVER,BC,Dec. 16,2021 /CNW/ - Western Copper and Gold Corporation ("Western" or the "Company")(TSX: CWRN)(NYSE American: WRN),through its wholly owned subsidiary Casino Mining Corp. ("Casino"),is pleased to announce it has submitted to the Yukon Environmental and Socio-economic Assessment Board ("YESAB")Executive Committee an updated schedule for submission of an Environmental and Socio-economic Effects Statement ("ESE Statement")on its Casino project ("Project").
In the schedule,Casino indicates it expects to submit the ESE Statement in the second quarter of 2023. The ESE Statement submission is an important next step in the Panel Review process. Since 2016,when the Casino project was referred to Panel Review by the YESAB's Executive Committee,Casino has continued to advance the Project by engaging with potentially affected First Nations,completing a variety of Traditional Knowledge and environmental studies,conducting a number of drill campaigns,and finalizing a Preliminary Economic Assessment ("PEA")on the Project. The PEA includes important refinements to many Project components,including the tailings and waste management infrastructure,which incorporated improvements identified by the Best Available Tailings Technology Study ("BATT Study")completed in 2018 with participation by First Nations,YESAB and the Yukon Government as well as guidance from Casino's Independent Engineering Review Panel.
Dr. Paul West-Sells,Western's CEO,stated,"Development of the ESE Statement is an important and exciting step in the advancement of the Casino Project. Over the next 18 months,our team will be expanding our engagement and consultation efforts with First Nations,regulatory agencies,and stakeholders,and developing the ESE Statement in a way that reflects Yukoners' values."
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Corporation is developing the Casino Project,Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.
The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.
For more information,visit www.westerncopperandgold.com.
On behalf of the board,
"Paul West-Sells"
Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation
Cautionary Disclaimer Regarding Forward-Looking Statements and Information
This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward looking information" as that term is defined in National Instrument 51-102 ("NI 51-102")of the Canadian Securities Administrators (collectively,"forward-looking statements"). Forward-looking statements are frequently,but not always,identified by words such as "expects","anticipates","believes","intends","estimates","potential","possible" and similar expressions,or statements that events,conditions or results "will","may","could" or "should" occur or be achieved. These forward-looking statements may include,but are not limited to,statements regarding perceived merit of properties;mineral reserve and resource estimates;capital expenditures;feasibility study results (including projected economic returns,operating costs,and capital costs in connection with the Casino Project);exploration results at the Company's property;budgets;permitting or other timelines;economic benefits from the mine and/or the access road;strategic plans;market price of precious and base metals;or other statements that are not statement of fact. In making the forward-looking statements herein,the Company has applied certain material assumptions including,but not limited to,the assumptions that the circumstances surrounding the COVID-19 pandemic,although evolving,will stabilize or at least not worsen;that the extent to which COVID-19 may impact the Company,including without limitation disruptions to the mobility of Company personnel,increased labour and transportation costs,and other related impacts,will not change in a materially adverse manner;that all regulatory approvals required to complete the Company's planned exploration and development activities will be received in a timely manner and on acceptable terms;that the Company is able to procure personnel,equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis;and that general business conditions will not change in a materially adverse manner.