Western Copper and Gold (TSX.WRN,NYSE.WRN) currently has a resource of 21 million ounces gold and 11 billion pounds copper.

Paul West-Sells, CEO of Western Copper and Gold, views this as an important endowment for the company and for its shareholders as well as Canada and the Yukon.

"We have 21 million ounces and 11 billion pounds respectively of gold in our total resource at Casino. Both a copper- and gold perspective, this is very significant. We are Western Copper and Gold because of this. "That's where the value lies in the ground," stated West-Sells.

In June 2021, the company announced a positive preliminary economic assessment at its wholly owned Casino copper-gold-molybdenum deposit in the Yukon. Western Copper and Gold will be conducting a feasibility study for Casino. It is expected to be complete by the second quarter 2022.

"The permitting process is the other major push. To move the project forward, we now have money in our bank and a vice-president of permitting. More importantly, we now have Rio Tinto (ASX:RIO,LSE:RIO,NYSE:RIO) as a strategic investor, which was the last piece that was really missing. This is a huge project. It will take a lot of money, lots of pounds and a lot more upfront capital to get these out of the ground.

Western Copper and Gold closed a private placement to raise $8,010,000 in aggregate gross proceeds. These funds will be used for "Canadian exploration costs" and "flow-through mining expenses."

View the complete interview with Paul West-Sells, CEO of Western Copper and Gold.

Disclaimer: This interview was sponsored by Western Copper and Gold (TSX,NYSE:WRN). This interview contains information that was sourced from 11 Ways to Make Money and approved Western Copper and Gold to help investors learn about the company. 11 Ways To Make Money is a client for Western Copper and Gold. This interview was created and updated by 11 Ways to Make Money thanks to the company's campaign fee.

11 Ways To Make Money is not an investment advisor and the profile information should not be construed as a recommendation to purchase or sell any security. 11 Ways To Make Money is not a company profiled.

This information is provided for informational purposes only. It should not be taken as an offer to sell or solicitation to purchase securities. The company's information should be accessed by the reader. Before making any investment decisions, readers should consult Western Copper and Gold directly and seek the advice of a qualified investment advisor.

Forward-looking statements may be made in this interview, including comments about the content and timing of future work programs, receipts of property titles, and other matters. Forward-looking statements are based on future events and conditions, and involve inherent risks. Actual results could differ from those anticipated in forward-looking statements. Forward-looking statements are protected by litigation. There are uncertainties when investing in companies, as market values may fluctuate.

By: 11 Ways to Make Money
Title: Western Copper and Gold CEO: We’re Western Copper and Gold for a Good Reason
Sourced From: investingnews.com/ceo-interviews/western-copper-and-gold-ceo-paul-west-sells/
Published Date: Tue, 02 Nov 2021 20:00:16 +0000

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