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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 blueboron99on Jan 11, 2023 12:30pm
176 Views
Post# 35216051

RE:Good article while we wait. Can’t hurt

RE:Good article while we wait. Can’t hurtDB and while we wait I expect gold, copper, silver and moly prices to increase substantially, particular if the wait is until the Casino project is taken to the shovel ready stage as I suspect.

As the metal prices increase, I also expect the our share price to increase as we move through the permitting process to get to shovel ready stage. I believe WRN has enough funding to get to the finsh line so no more share dilution.

I see YESAB has already requested input from stakeholders for their feedback on the Casino development project. I always enjoy reading the environmentalist concerns/issues, some identified are very valid, while others are off the wall. lol!

WRN has budgeted $35M+ to take Casino through the permiting process to the shovel ready stage, so I suspect that is where we are headed.

As Paul stated in a recent video interview he signed off on a dozen N/D Agreements during 2022 so one would think there are other Majors & Mid-tiered Companies who are keenly interested in Casino.

IMO, Casino will be taken to the shovel ready stage and then sold off to 2 Major Companies at a fair, equitable market price, when we arrive at the shovel ready stage and not sooner.
Paul wants to see the permitting process through to the end with YESAB, as I believe WRN has committed that to the Yukon stakeholders- politicians, First Nations and local communities.
AIMHO.

Blue 



 

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