Western Copper and Gold closes $33 million offering to advance Casino project

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The copper-gold deposit is one of the largest in Canada. Casino has measured and indicated resources suitable for milling of 2.26 billion tonnes grading 0.15% copper, 0.18 g/t gold, 0.016% molybdenum, and 1.4 g/t silver (0.31% copper equivalent). The M+I resources contain 7.45 billion lb. copper, 12.9 million oz. gold, 791.2 million lb. molybdenum, and 103.1 million oz. silver. There is also an indicated resource of 1.37 billion tonnes grading 0.10% copper, 0.14 g/t gold, 0.009% molybdenum, and 1.1 g/t silver (0.21% copper equivalent).

There are also a sizable resources suitable for heap leaching. The measured and indicated portion is 231.7 million tonnes grading 0.04% copper, 0.25 g/t gold, and 0.9 g/t silver (0.27 g/t gold equivalent) containing 196.9 million lb. copper, 1.9 million oz. gold, and 14.1 million oz. silver. The leachable inferred resource is 40.9 million tonnes at 0.05% copper, 0.20 g/t gold, and 1.4 g/t silver…

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