Massive Copper-Gold Asset in the Yukon
President and CEO of Western Copper and Gold, Paul West-Sells gives insight on their world class Casino Copper Gold Project.
“Having a large asset like this there’s just not that many of them, pretty simply because there just hasn’t been enough copper mines built over the past decade. Western Copper & Gold is a very simple company. We’ve got one asset, the Casino Copper Gold Project located up in the Yukon. This is a project that today has an IRR of 24 % and a net present value of over 2.6 billion dollars. This is a large copper gold asset located in a mining friendly jurisdiction up in the Yukon. Nine million ounces of gold in reserve plus another 9 million ounces in an inferred resource. On the copper side, four and a half billion pounds of copper in reserve and five point four inferred resource. So we are the sixth largest gold deposit, just the gold. Out of all of the global projects that are controlled by junior mining companies. So we think that’s pretty important. We were very very pleased last year when both the federal government and the Yukon government made this announcement for an infrastructure package. That infrastructure package was three roads and one of those roads is the road to our casino. Were strategically located right next to Gold Corp’s coffee project. So really the goal of the company is to continue to advance the project and get the project fully permitted,” Paul West-Sells, President & CEO of Western Copper & Gold.
More on the Casino Copper Gold Project
Currently in the permitting phase, Casino is poised to be the premier Copper-Gold mine in Canada and the flagship mine for the Yukon. Western Copper and Gold, through its wholly owned subsidiary, Casino Mining Corporation, is committed to developing the Casino mine in a manner that provides economic opportunity for all involved while maintaining the highest levels of social and environmental practices.
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