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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 > Minto closes
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Comment by jclarke042on May 18, 2023 9:54am
127 Views
Post# 35454337

RE:RE:RE:RE:RE:Minto closes

RE:RE:RE:RE:RE:Minto closesMy biggest takeaway from Minto is yet another single asset company trying to go it alone, and failing. Not failing to protect the environment in this case, but financially.

In everything I've read, Yukon maintains the mine is stable, just unexpectedly short of tailings capacity for now. Not clear why they can't just use money from the $75m already in security, but separate issue.

Minto is short on: the royalty payment of $1.5m, and the additional security of what...$15-20m? something in that ballpark?

All I know is if I were an enterprising, opportunistic mining firm.....
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