Western Copper and Gold Corporation (TSX:WRN) (NYSE MKT:WRN) and its wholly-owned subsidiary, Casino Mining Corp. are pleased to announce that the Yukon Environmental and Socioeconomic Assessment Board has resumed its review of the Casino Project.
The review process was put on hold at CMC’s request as part of a Settlement Agreement with Little Salmon/Carmacks First Nation. CMC and LSCFN have completed the consultation program outlined in the Agreement and have entered into further agreements to continue consultation throughout the YESAB assessment process.
Also in accordance with the Agreement, LSCFN has informed CMC that it has withdrawn the Petition it had filed with the Yukon Supreme Court seeking judicial review of YESAB’s decision that consultation with LSCFN, prior to CMC filing its Project Proposal, was adequate.
“We are pleased about the restart of the YESAB review.” said Paul West-Sells, President of CMC, “This hold period has allowed us to further consult and develop our relationship with directly affected First Nations. This period has also given us time to develop a comprehensive reply to questions raised during the first part of the YESAB review.”
The Casino Project has been submitted for Screening by the Executive Committee of the YESAB, the Board that operates under the Yukon Environmental and Socioeconomic Assessment Act. The YESAB, which operates under established procedures and defined timelines, will provide recommendations to the Decision Bodies (licensing agencies) respecting whether or not the Project be allowed to proceed or whether the Project requires a review before making a recommendation.
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Corporation is focused on advancing the Casino Project, one of the world’s largest copper, gold, silver and molybdenum deposits, located in Yukon, Canada.
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