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Western Copper and Gold Corp.
Summary
| Project: | Casino | |
|---|---|---|
| Deposit: | Casino | |
| Location: | Canada | |
| Commodities: | Copper-Molybdenum-Gold-Silver | |
| Date: | 7/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-7-2020: Western Copper and Gold Corp. announces a Resource Estimation report for its Casino deposit at the Casino project. Updated Mineral Resource Estimate for Project. VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) ( | |
| Resources: | (Resources, M+I): 2.1Mt @ 0.16% Cu, 0.18g/t Au, 0.017% Mo, 1.4g/t Ag | |
| CP/QP: | [Resource] Michael G. Hester (Independent) | |
| ABSTRACT: | VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces an updated resource estimate for its wholly owned Casino Copper-Gold Project (“Casino”) in Yukon, Canada. This new resource estimate is the first estimate since 2010 and includes results from the 2019 drilling campaign, and drilling performed from 2010 through 2012 that was not available when the 2010 model was developed. It also incorporates an updated geologic model. The Mill Resource, consisting of the supergene oxide, supergene sulfide, and hypogene zones, increased significantly from the December 2010 estimate (see Table 1). Measured and indicated Mill Resource tonnes increased 106% from the prior estimate to 2.2 billion tonnes, primarily due to the upgrade of inferred resource to indicated. Copper and gold contained in the new measured and indicated estimate also increased significantly to 7.4 billion pounds of copper and 12.7 million ounces of gold. | |
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