Western Copper feasibility on Casino outlines $1.8 billion after-tax NPV

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The Casino project currently has 2.39 billion tonnes of measured and indicated resources (both mill and heap leach), at grades of 0.14% copper, 0.19 g/t gold and 1.5 g/t silver (for 7.6 billion lb. copper, 14.5 million oz. gold and 113.5 million oz. silver), based on an updated resource block model developed during December 2021.

The FS examines the development of the Casino project, which comprises the processing of 1.43 billion tonnes of mineral reserve (1.22 billion tonnes grading 0.22 g/t gold, 0.19% copper and 0.02% molybdenum for the mill, and 210 million tonnes grading 0.26 g/t gold, 1.9 g/t silver and 0.04% copper for heap leach), with deposition of mill tailings and mine waste in the tailings management facility.

Over the 27-year project life (in the case of heap leach, 24 years), annual production would reach 163 million lb. copper, 211,000 oz. gold, 1.28 million oz. silver and 15.1 million lb. molybdenum. The base-case…

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