Company Snapshot: Western Copper and Gold
Western Copper and Gold (TSX: WRN, NYSE MKT: WRN), is focused on advancing the Casino Project, one of the world’s largest copper, gold, silver and molybdenum deposits, located in Yukon, Canada.
The 100%-owned porphyry deposit is expected to come online for mining just as the world experiences a copper supply crunch. The Casino Project has 4.5 billion lbs of copper in reserves and 5.4 billion lbs in inferred resources. In terms of gold, the deposit holds 8.9 million oz in reserves and 9.0 million oz in inferred resources.
At today’s copper prices and at the long-term price, the Casino Project is economic. With an NPV (8%) of US$1.83 billion (after-tax), a 20.1% IRR (after-tax), and -$0.81 cash costs for each pound of copper (net of by-products), the project could help supply the world with copper and other minerals for a long time.
Learn more about the Casino Project: https://www.westerncopperandgold.com
