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Western Copper and Gold Corp.
Summary
| Project: | Casino | |
|---|---|---|
| Deposit: | Casino | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Molybdenum | |
| Date: | 12/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-12-2019: Western Copper and Gold Corp. announces an Exploration/Drilling Update report for its Casino deposit at the Casino project. Drilling results incl. 292.73m @ 0.15% Cu, 0.17 g/t Au, 1.08g/t Ag, 0.01% Mo from 7.50m. VANCOUVER, Dec. 19, 2019 /CNW/ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John McClintock (Not stated) | |
| ABSTRACT: | VANCOUVER, Dec. 19, 2019 /CNW/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN; NYSE American: WRN) is pleased to announce the assay results from this summer's exploration diamond drilling program at its wholly owned Casino Project in the Yukon Territory, Canada. The exploration program consisted of a total of 13,590 m of diamond drilling in 69 completed holes. There were three targets for the drilling: in-fill drilling of inferred mineralization located in the 22-year pit outlined by the January 25, 2013 Casino Project Feasibility Study (the "Feasibility Study"); step-out drilling to the west, near the recently acquired Canadian Creek property; and step-out drilling to the north (see Figure 1). Of particular note is the step-out drilling to the North. Nine of the ten holes drilled in this area encountered significant widths of mineralization above the cut-off grade of 0.20% copper equivalent1 ("Cut-off grade") in an area that previously was not thought to have significant mineralized material (see Table 1). The mineralization is associated with a satellite intrusive and breccia complex located near the main Casino intrusion and represents a new zone. Seven of the ten holes terminated in above Cut-off grade mineralization indicating the potential for more mineralization at depth. This region remains open to the north. All holes in the step-out drilling to the west intercepted mineralization greater than the Cut-off grade and three of the six holes terminated in above Cut-off grade mineralization demonstrating that the Casino hypogene mineralization system is continuous on to the recently acquired Canadian Creek property and is still open at depth and to the west. | |
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