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Western Copper and Gold Corp.
Summary
| Project: | Casino | |
|---|---|---|
| Deposit: | Casino | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Molybdenum | |
| Date: | 9/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-9-2019: Western Copper and Gold Corp. announces an Exploration/Drilling Update report for its Casino deposit at the Casino project. Drilling results incl. 2.97m @ 65.90g/t Au, 1.7g/t Ag, 0.07% Cu from 147.98m. VANCOUVER, B.C. Western Copper and Gold Co | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John McClintock (Not stated) | |
| ABSTRACT: | VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that during its recently completed drill program at its wholly owned Casino Project, Hole DH19-21 returned 55.1 grams per tonne (“g/t”) gold over 2.97 metres (“m”) at a depth of 147.98 m. A re-assay of this sample returned 65.9 g/t confirming the high gold grade. This high grade intercept is the third high grade intercept found to date in the deposit (see Figure 1). Previously intersected high-gold intercepts include 1.85 m grading 73.60 g/t gold in Hole 94-300 located 580 m northwest of DH19-21 and 53.50 g/t gold over 2.5 m in Hole CAS-007 located 730 m northeast (see Table 1). Each of these high-gold intercepts occurs in or near fault structures and is associated with late phase alteration cross cutting the earlier porphyry related alteration. Additional, closer spaced drilling is needed to determine the full extent of these gold enriched structures. Given the 100 metre drill hole spacing in the Casino deposit, it is reasonable to expect that closer spaced drilling is likely to find additional gold bearing structures. “This third very high grade intercept from within the Casino deposit suggests potential for a number of very high-grade gold structures within the Casino deposit and we look forward to drill testing these structures to fully understand their extent and impact to the overall economics of the Casino Deposit.” said Paul West-Sells, President & CEO. | |
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