The Prospector News

Western Copper and Gold Submits Casino Project Proposal

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Western Copper and Gold Submits Casino Project Proposal

 

 

 

 

 

Western Copper and Gold Corporation (TSX:WRN)(NYSE MKT:WRN) is pleased to announce that its wholly owned subsidiary, Casino Mining Corp. has submitted the final Casino Project Proposal to the Yukon Environmental and Socio-Economic Assessment Board for Screening.

 

Knight Piesold Ltd. led the team of top environmental scientists and engineers that prepared the Proposal under the direction of Paul West-Sells, President and Jesse Duke, Vice President Environmental Affairs of Casino Mining Corp. The Proposal is the result of over six years of effort and over $18 million of investment. It is anticipated that it will take another $1 million to $2 million to complete permitting. As of September 30, the Company had over $26 million dollars in cash and short term investments and no debt. The Company is still on target to be permitted for construction by early 2016.

 

“Submission of the Proposal is an important first step,” said Dale Corman, Chairman and CEO of Western. “Once the Proposal has been declared adequate, which we expect in the next few months, we will shift our focus toward detailed engineering and financing of the Casino Project.”
 

Screening of the Proposal by YESAB is the first stage in the assessment and permitting of the Casino Project. Once the project receives a positive recommendation from YESAB, the Company will secure a Quartz Mining License and Land Use Permit from the Yukon Government and a Water Use License from the Yukon Water Board. These licenses and permits will allow for the construction and operation of Casino Project.

 

ABOUT WESTERN COPPER AND GOLD CORPORATION

 

Western Copper and Gold Corporation is a Vancouver-based exploration and development company with significant copper, gold and molybdenum resources and reserves. The Company has 100% ownership of the Casino Project located in the Yukon Territory. The Casino Project is one of the world’s largest open-pit gold, copper, silver and molybdenum deposits.

Posted January 6, 2014

Share this news article

MORE or "UNCATEGORIZED"


First Vanadium Drilling Identifies Gold System Stretching 1.4km at Its Gold Target on the Carlin Gold Trend, Nevada; Drilling Ongoing

First Vanadium Corp. (TSX-V: FVAN) (OTCQX: FVANF) (FSE: 1PY) is p... READ MORE

November 30, 2020

Pasinex Announces Third Quarter 2020 Financial Results

Pasinex Resources Limited (CSE: PSE) (FSE: PNX) reports th... READ MORE

November 30, 2020

K2 Drills 86.9 m of 4.0 g/t Gold from Surface at Mojave

K2 Gold Corporation (TSX-V: KTO) (OTCQB: KTGDF) (FRANKFURT: 23K) ... READ MORE

November 30, 2020

Clarity Gold to Acquire the Destiny Project Located in the Abitibi Region

Clarity Gold Corp. (CSE: CLAR) (OTC: CLGCF) (FSE: 27G) is pleased... READ MORE

November 30, 2020

Evergold Announces Multiple Broad Gold-Silver Intercepts Near Surface at GL1 Main in Northern B.C.; Geophysics Clearly Suggests Best of Large Target Lies Just Below Current Evergold and Historical Newmont Drilling

EvergoldCorp. (TSX-V: EVER) (OTC: EVGUF) (FRA: 5EG) i... READ MORE

November 30, 2020

Copyright 2020 The Prospector News - Site design by Spyderbaby Productions