Print

Casino Project

Location

The Casino property is located in west central Yukon, 300 km northwest of Whitehorse. The project lies entirely within Selkirk First Nation Traditional Territory .

A small air-strip located at the site and a 22 km road connecting the Casino site to the Britannia Creek Landing on the Yukon River currently provides access to the property.

Overview

The Casino project contains a copper, gold and molybdenum ore reserve in excess of one billion tonnes.

An independent pre-feasibility study on the Casino Project, which assessed that the project can be economically developed as a conventional open pit mine, was completed in June 2008.

Over a projected mine life of 30 years the mine will produce 3.6 billion pounds of copper, 320 million pounds of molybdenum and 5 million ounces of gold.

The mine will require the construction or upgrading of an all-season access road and the construction of a power plant to provide 100 MW of electrical power.

Western Copper will produce a gold/silver doré at the mine site and copper-gold and molybdenum concentrates. The concentrates will be transported to the port of Haines or Skagway in Alaska for shipping to smelters.

Construction will unfold over a period of 4 years and it is subject to completion of the Yukon Environmental and Socio-economic Assessment review, to obtaining the required permits and to raising the financing.

Updated: August 30, 2009