Western Copper and Gold Corp. announces that Dale Corman, Founder of Western Copper and Gold and Executive Chairman of the Company's Board of Directors, has informed the Board that he will retire as of June 30, 2021. The Board has appointed Ken Williamson to act as Interim Chairman, and the Board has begun the process of finding a permanent replacement for Mr. Corman. Mr. Williamson has been a director of Western since [...]
Western Copper and Gold Corp. announces its 2021 exploration and drilling program at its wholly owned Casino Copper-Gold Project . The Program was developed with input from Rio Tinto as outlined in the Investor Rights Agreement and Subscription Agreement entered as part of an investment by Rio Tinto Canada in Western . The Program consists of several components outlined below: Exploration Drilling The 2021 program will [...]
$2.3 billion After-Tax NPV at Base Case metal prices After-Tax IRR 19.5% at Base Case metal prices Cashflow over the first four years of $965 million per year at Base Case metal prices Base case development contemplates 25-year mine life Extended Two-Phase development contemplates a 47-year mine life Base Case metal prices: Cu: US$3.35/lb, Au: US$1,600/oz, Ag: US$24/oz, Mo: US$12/lb [...]
Western Copper and Gold Corp. announces the voting results from the Company's Annual General and Special Meeting held on June 17, 2021. A total of 48,252,451 common shares were represented at the AGM, representing 35.53% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information [...]
Western Copper and Gold Corp. announces it has completed its previously announced C$25.6 million strategic investment by Rio Tinto Canada Inc. , to advance the Company's copper-gold Casino Project in the Yukon. Rio Tinto acquired 11,808,490 common shares at a price of C$2.17 per share for aggregate gross proceeds of approximately C$25.6 million, resulting in Rio Tinto owning approximately 8.0% of Western's outstanding [...]
Western Copper and Gold Corp. announces a C$25.6 million strategic investment by Rio Tinto Canada Inc. , to advance the Company's copper-gold Casino Project in the Yukon. Rio Tinto has agreed to subscribe for and purchase 11,808,490 common shares at a price of C$2.17 per share for aggregate gross proceeds of approximately C$25.6 million, resulting in Rio Tinto owning approximately 8.0% of Western's outstanding common [...]
Western Copper and Gold Corp. has filed its Annual Report on Form 40-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission . The Company filed Form 40-F for the year ended December 31, 2020 with the SEC on March 26, 2021. The Form 40-F includes Western's Annual Information Form , audited consolidated financial statements and management's discussion and analysis . The Form 40-F is [...]
0.76 g/t Gold over 175.49 m Intersected in Leached Cap Western Copper and Gold Corp. is pleased to announce assay results from the 2020 exploration diamond drilling program at its wholly owned Casino Project located in the Yukon Territory, Canada. The exploration program consisted of 12,008 m of diamond drilling in 49 holes. There were four major drilling targets : the "Gold Zone", a zone of higher-grade gold values along [...]
Western Copper and Gold Corp. is pleased to announce the initiation of a Preliminary Economic Assessment for the Casino Deposit , located in Yukon, Canada. The Company has engaged the services of M3 Engineering & Technology Corporation of Tucson, Arizona to conduct the PEA on Casino. M3, a full-service engineering, procurement and construction management firm, recognized for its experience in copper processing and [...]
Western Copper and Gold Corp. is pleased to report that the Yukon Government and Little Salmon/Carmacks First Nation have reached an agreement to upgrade three bridges along the Freegold Road, which will benefit access to the Casino Project. The Agreement provides funding for Little Salmon/Carmacks First Nation to effectively participate in the planning, design, regulatory processes and construction activities of the [...]
Western Copper and Gold Corp. is pleased to announce that it has closed the previously announced offering of common shares of the Company , with a syndicate of underwriters led by Cormark Securities Inc. as sole bookrunner, and including CIBC World Markets Inc., H.C. Wainwright & Co., LLC and Roth Capital Partners, LLC . With the Underwriters having exercised in full the over-allotment option, the Company has issued a [...]
Western Copper and Gold Corp. is pleased to announce that in connection with its previously announced over-night marketed offering of common shares of the Company , the Company and a syndicate of underwriters have agreed to increase the size of the previously announced financing. Pursuant to the amended terms, the Company has agreed to sell 17,242,000 Common Shares at a price of $1.45 per Common Share for gross proceeds [...]
