RE:RE:RE:New Press Release - WESTERN COPPER AND GOLD WELCOMES FEDERAL FUNDING FOR B.C.-YUKON GRID CONNECT PROJECTIn relation to the grid connect and it's impact on the economics of the proposed mine, I received this from Paul back in May of 2023;
"First, the majority of the carbon tax currently carried in the financial model would go away with grid connected power. Also, the annual operating expense on LNG for the power plant would be removed for the life of the mine.
A connection to the grid would also make electrifying the pit feasible and using trolley-assist to power the fleet. This would substantially reduce the fuel costs. There are lots of other considerations related to switching over to a grid connection that will impact the economics both positively and negatively but we see these as the most significant factors."
The negative impact Paul referred to is the cost (added to CapEx) of running a 200 km line from Carmacks to Casino if done on our (or another owner's) dime.