In this segment of The Ellis Martin Report we speak with Dr. Paul West-Sells, the President and CEO of Western Copper and Gold Corporation, (TSX/NYSE:WRN). Mr. Martin asks Dr. West-Sells why Rio Tinto made such a large financial commitment to further develop the company’s Casino Project in Canada’s Yukon Territory.
Western Copper and Gold Corporation is developing the Casino Project, Canada’s premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.
The Casino Project hosts approximately 7.6 billion pounds of copper as well as 14.5 million ounces of gold, one of the largest projects of its kind held by a junior mining company.
Major Mining Operator Rio Tinto Canada made a $25.6 million dollar strategic investment to advance the company’s Casino Project in the Yukon. What are the implications of this investment?
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We acknowledge the [financial] support of the Government of Canada.