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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 jclarke042on Nov 29, 2023 9:59am
134 Views
Post# 35758407

RE:RE:RE:Paul's response

RE:RE:RE:Paul's response" If those projects are already underway(to my knowledge this is the case) what more clarity do you need exactly?"

Neither project is underway.

1. Grid: we're in the "boy it would be nice if we had power, huh?" phase. Next announcement will be "we're formally agreeing to officially consider grid connection." This includes what amounts to a full feasibility study. They did this in 2018, and specifically ruled it out in April 2019,
here: 
https://www.whitehorsestar.com/News/yg-rules-out-tying-into-b-c-power-grid    We need the "Yukon, BC, and Ottawa agree to connect the grid, here's when it starts/who is paying" announcement.

2. Port: we're in the "non-binding, verbal agreement Yukon can use some terminals at Skagway" phase. Still very much under discussion is: how many terminals, who is paying (Yukon? Mining companies? Ottawa?), and what happens to ore at the terminal, but not ready to ship. Nothing has been put into writing/signed yet. Read this:   

https://www.yukon-news.com/news/44-million-yukon-funded-project-in-alaska-raises-more-questions-in-the-house-7112980.

Waiting on formal, signed, binding agreement on how many terminals, who is paying for it, etc.

No, this is all still very much in flux. Alternatives exist for both power grid, and Skagway port, but both are more $$$$. 
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