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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

Post by Marine2on Feb 03, 2023 11:42am
207 Views
Post# 35264989

Moly takes another Jump in price ! $40.823 lb us

Moly takes another Jump in price ! $40.823 lb usWhat are we 15 to 20% Moly??  PEA was based on ?
Copper , Gold, Moly all up from last PEA !


  1. AuEq and CuEq values are based on prices of US$2.75/lb copper, US$1,500/oz gold, US$18/oz silver, and US$11.00/lb moly, and account for all metal recoveries and smelting/refining charges.


Molybdenum Prices for the Last Month

Molybdenum (lb) Date
$40.823 Feb 01, 2023
$33.339 Jan 31, 2023
$33.339 Jan 30, 2023
   

After reading that article https://www.mining.com/molybdenum-price-in-europe-hits-record-high/ moly may become more valuable (like rare earths) to the  Casino project. Molybdenum prices going up will lower mining costs at Casino ! 

Never know how this will effect the interest in Western Copper ?

M2
 
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