Western Copper and Gold raising $29 million for Casino project in Yukon

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The Casino property lies within the Whitehorse Mining District and consists of 1,136 full and partial quartz claims and 55 placer claims acquired in accordance with the Yukon Quartz Mining Act.  In mid 2019, Western Copper acquired the adjacent property to the west referred to as the Canadian Creek property.

Casino has resources suitable for milling and for leaching. The measured and indicated resource suitable for milling is 2.3 million tonnes grading 0.15% copper 0.18 g/t gold, 0.016% molybdenum, and 1.4 g/t silver (0.31% copper equivalent). That equates to 7.4 million lb. of contained copper and 12.9 million oz. of gold.

The inferred resource for the mill is 1.3 million tonnes grading 0.10% copper, 0.14 g/t gold, 0.009% molybdenum, and 1.1 g/t silver (0.21% copper equivalent).

Material suitable for heap leaching include 2.5 million tonnes in the measured and indicated category grading 0.14% copper, 0.18 g/t gold, and 1.5 g/t…

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