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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

Comment by Riotintoeon Jun 16, 2022 9:35pm
143 Views
Post# 34763265

RE:RE:Thank you

RE:RE:Thank youThanks, Sooner... Yes, that's the idea. If everything goes well, ultimately adding more shares of Rio to my holdings from the investment. Whether we get Casino in the end we'll just have to wait and see,. Based on the public information we have now, we're looking at roughly a 50 year mine and possibly more... A deposit, not in size (that we know of) but similar in nature to Bingham Canyon, which was never thought to stay open as long as it has. As several others have mentioned on this forum before, We (us and BHP) still don't have a clear path on Resolution, in spite of our rather substantial investment there. Again, as a shareholder in Rio Tinto, I am aware we are heavily dependent on iron ore.... I am in complete agreement with management that growth in both copper and gold bodes well for the company going forward into the future.. Canada and specifically the Yukon appears to be a much more favorable jurisdiction (relative to others) to get a mine built.. Again, based on public information, there is quite a bit of metal in the ground at Casino... I'm hopeful we end up with the project... If another company is successful in acquiring it, I know I will still benefit, however, I'm looking out over the next three or four decades... By then my holdings in Rio will be passed on to my children... And I would prefer this asset to be a part of the company....
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