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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 EvenSteven27on Nov 30, 2023 7:56pm
179 Views
Post# 35762509

Skagway Assembly Approves Funding

Skagway Assembly Approves Funding By Gretchen Wehmhoff
 
In a special assembly meeting Nov. 20, the assembly voted to authorize the borough manager to use an additional amount, not to exceed $300,000, for the port peninsula project.
 
“We have run into a pile delivery schedule issue, which has potential to delay the project up to 22 days,” said manager Brad Ryan. (time is critical... but additional funding indicates seriousness)
 
The approval allows Ryan to move ahead with adding an additional barge and tug to the supply chain, per Field Order 02.
 
“With the authorization of that field order, it puts another barge on the schedule with templates to construct piles one and two, which are, the deepwater pile piles, but also puts template seven on, which is up inside, and additional piling,” Ryan said.
 
The cause of the delay deals with delivery of piles to the coding yard then to the Bellingham area to be spliced. The assembly had at one time authorized pre-procuring the piles, but the coding process is slowing things down.
 
Ryan says that project is still moving forward, but the combination of the delayed 42” pilings, specifically for dolphin three, and maintaining movement on what he referred to as “the critical path,” could slow the project.
 
The current project has a contingency fund plan, but the manager was not authorized to utilize any funds without assembly approval. The approved funds would come out of this year’s port funds.
 
By authorizing the additional money for the project, Ryan and the engineers will not need to locate $300,000 to cut from the project..
 
Change orders are not unusual and the amounts are commonly not over the dollar amount to seek assembly okay. 
 
The additional barge and tug were scheduled to leave Washington on Nov. 24.

timeliness is imperative
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