Name of the Project
Casino copper/gold/molybdenum project.

Location
Yukon, Canada. 

Project Owner/s
Western Copper and Gold Corporation.

Project Description
A feasibility study has confirmed Casino’s robustness and ability to withstand inflationary pressures.

The study proposes the construction of an openpit mine, with a concentrator processing 120 000 t/d to recover copper, gold, molybdenum and silver, as well as a 25 000 t/d oxide heap-leach facility to recover gold, silver and copper.

Average metal production is estimated at 163-million pounds a year of copper, 211 000 oz/y of gold, 1.28-billion ounces a year of silver and 15.1-million pounds a year of molybdenum.

Initial production will focus on the deposit’s oxide cap as a heap-leach operation to recover gold and silver in doré form. The main sulphide deposit will be processed using a conventional concentrator to produce copper/gold/silver/molybdenum concentrates.

The mill operation has a mine life of 27 years and the heap-leach operation a mine life of 24 years.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a pretax net present value, at an 8% discount rate, of $3.47-billion and an internal rate of return of 21.1%, with a payback of 3.3 years at a copper price of $3.60/lb and a gold price of $1 700/oz.

Capital Expenditure
The project requires an initial capital investment of $3.62-billion.

Planned Start/End Date
Not stated.

Latest Developments
Western Copper and Gold Corporation, through its wholly owned subsidiary Casino Mining Corporation, has submitted an updated and refined schedule for submission of the environmental and socioeconomic effects (ESE) statement to the Yukon Environmental And Socioeconomic Assessment Board Executive Committee. 

The ESE statement will form the basis for the company’s assessment application for the panel review.

Casino  plans to submit the ESE statement in or about July 2025.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Western Copper and Gold, tel +1 604 684 9497 or email info@westerncopperandgold.com