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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Metals & Mining Industrial Metals & Minerals
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

Western Copper and Gold Corp
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Post by Marine2on Nov 08, 2022 1:18pm
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Post# 35082702

Timing,, Gold price soars,, crypto rumors !

Timing,, Gold price soars,, crypto rumors !

Gold price soars on short covering, bargain hunting, crypto rumors

Jim Wyckoff
 
Jim Wyckoff  
 

Kitco News

(Kitco News) - Gold and silver prices are are sharply up, with gold hitting a four-week high and trading back above $1,700.00 in late-morning U.S. trading Tuesday. Silver hit a more-then-four-month high today. The precious metals are benefitting from heavy short covering in the futures markets, perceived bargain hunting in the cash markets, and even some safe-haven demand as the crypto currency markets are selling off. December gold was last up $34.00 at $1,714.40 and December silver was up $0.601 at $21.53.

Rumors are swirling in the crypto markets regarding one exchange halting withdrawals, and that has apparently spooked all the crypto markets and has helped to boost safe-haven gold and silver.

Gold prices have risen 62% of the time over the six months following midterm U.S. elections, with a median return of 2%, according to a World Gold Council report using data going back to 1970.


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