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Ningbo Jintian Copper (Group) Co., Ltd.
Ningbo Jintian Copper (Group) Co., Ltd.

Western Copper Receives Final Assay Results For Casino Project

The results, taken from the deposit core area, have confirmed the presence of long intercepts of grades higher than the average resource grades in neighbouring zones.

Results included a 300.23m interval grading 0.70% copper-equivalent and a 248.41m interval grading 0.58% copper equivalent.

Drilling in the northeast of the deposit core also returned a 300.23m interval grading 0.57% copper equivalent, while results from nearby holes indicated they were collared along or next to the northwest-southeast trending Casino fault.

The 2021 diamond drilling programme included 16 holes within the project’s deposit resource boundaries. This included five resource confirmation holes, three metallurgical testing holes, and eight holes for geotechnical analysis. A further six exploration holes were drilled outside of the deposit area.

The company is the sole owner of the Casino project, which it has been developing since 2008. The porphyry copper-gold-molybdenum deposit is located in west central Yukon, within the Whitehorse mining district. It includes 1,136 full and partial quartz claims and 55 Placer claims.

On 24 March, Western Copper and Gold Corporation traded on the TSX at C$2.41/share, down 0.413% on the day.  Its shares have seen a strong uptick in the past month after dipping below the $2 mark in the second half of last year.