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WESTERN COPPER AND GOLD CONTINUES BOARD RENEWAL PROCESS
Prnewswire· 2025-05-05 12:00
VANCOUVER, BC, May 5, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce further progress on its board renewal process. In connection with the upcoming Annual General Meeting ("AGM"), Dr. Bill Williams will retire from his last remaining board position, and Tara Christie will not stand for re-election in order to focus on her existing executive priorities. Western is pleased to announce the nomination of Pamela O'Hara f ...
WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS
Prnewswire· 2025-04-15 11:30
VANCOUVER, BC, April 15, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has strengthened its relationship with Mitsubishi Materials Corporation ("Mitsubishi Materials"). Western has entered into an amended and restated investor rights agreement (the "Agreement") with Mitsubishi Materials, most notably extending the rights and obligations thereunder until May 30, 2026, subject to Mitsubishi Materials acquirin ...
WESTERN COPPER AND GOLD PROVIDES INFRASTRUCTURE UPDATE
Prnewswire· 2025-04-10 11:30
Core Viewpoint - Western Copper and Gold Corporation is advancing infrastructure initiatives to support the Casino Copper-Gold Project, which is crucial for both the project and the Yukon region's development [1][2]. Infrastructure Initiatives - The B.C.-Yukon Grid Connect Project received conditional approval for $40 million in funding from Natural Resources Canada, with the Yukon Development Corporation committing an additional 25% [4]. - The Yukon Resource Gateway Project has expanded to include the Dempster Highway, although some funding for the Casino Copper-Gold Access Road has been redirected to support this initiative [5]. - A transportation study for shipping concentrate from the Casino Project to the Port of Skagway has been completed, identifying several promising transportation alternatives with costs in line with previous estimates [6]. Economic Context - The recent economic volatility has highlighted the resilience of the Casino Project, particularly due to the favorable copper-gold commodity mix and a significant increase in gold prices, which rose nearly US$750 per ounce [3]. - There is growing political support for mining in Canada, which is expected to positively impact the Casino Project [3]. Company Commitment - The company is dedicated to collaborating with First Nations and local communities to ensure responsible mining practices are employed in the development of the Casino Project [8].
NorthWest Announces Target Model at Kwanika with Higher-Grade Zones Over Significant Thicknesses to Support New Strategic Approach
GlobeNewswire News Room· 2025-04-10 10:00
Core Viewpoint - NorthWest Copper has announced a new higher-grade target model for the Kwanika-Stardust project, aiming to enhance the value of the existing Preliminary Economic Assessment (PEA) through a staged development approach [1][4]. Summary by Sections Target Model Development - A new three-dimensional (3D) target model has been created to better understand the geometry and continuity of higher-grade zones within the current Mineral Resource at Kwanika, focusing on gold assay distribution above 1.0g/t [2][3]. - The target zones are estimated to range between 15 to 30 million tonnes of higher-grade mineralized material, with grades between 1.5% and 2.5% CuEq, and a combined mineralized true width of 30m to 45m [3][8]. Strategic Focus - The CEO emphasized that the creation of the target model is a significant step in the strategy to focus on higher-grade zones at Kwanika, with the initial phase targeting a higher-grade, lower capital cost development project [4][9]. - The higher-grade target zones are categorized into three areas based on their orientations, with two parallel zones separated by up to 20m of unmineralized dykes [5][8]. Drilling and Exploration Plans - Historical drill holes have been reinterpreted in the context of the new target model, with 52 out of 90 drill holes intersecting the target model being selected for further analysis [6][7]. - Additional drilling is planned to confirm and extend the higher-grade target zones, with a phased drill program aiming for a regular 50m drill spacing across some target zones [7][8]. Technical Validation - The target model was developed and peer-reviewed by qualified professionals, ensuring its accuracy and reliability [10][14]. - An independent Quality Assurance/Quality Control (QA/QC) program has been in place since 2006, utilizing Certified Reference Materials (CRMs) and other control samples to ensure data integrity [22][23][24]. Management Changes - The company announced the appointment of Sapan Bedi as the Interim CFO and Corporate Secretary, effective April 25, 2025, following the departure of Lauren McDougall [11][12][13].
American Eagle Secures 100% Ownership of the NAK Copper-Gold Porphyry Project in BC
Newsfile· 2025-03-13 10:00
Core Viewpoint - American Eagle Gold Corp. has successfully acquired 100% ownership of the NAK Copper-Gold Porphyry Project, marking a significant milestone in its exploration strategy and commitment to advancing this high-quality asset [2][3][9]. Acquisition and Ownership - The acquisition fulfills all obligations under the December 24, 2021, option agreement, with American Eagle issuing 1,000,000 common shares as part of the final payment [5][9]. - The NAK project is located in a prolific mining region of British Columbia and has already shown promising drill results, including 248 meters at 1.10% CuEq and 302 meters at 1.09% CuEq [3][9]. Exploration Plans - Over 80% of NAK's prospective ground remains untested, with a 30,000-meter drill program scheduled for 2025 [4][9]. - The company is fully funded with approximately $37 million in cash to support an aggressive multiyear exploration strategy [4][9]. Geological and Economic Potential - The NAK project features a large-scale porphyry system with significant resource potential, including high-grade copper and gold mineralization identified at surface [3][7]. - The project benefits from favorable geological and geographical conditions, such as road access, gentle topography, and proximity to infrastructure [7][18]. Community and Sustainability Commitment - American Eagle is dedicated to maintaining strong relationships with local stakeholders, including the Lake Babine Nation, and prioritizes transparent communication as exploration progresses [13]. Key Target Areas - The exploration will focus on several key zones, including the North Zone, Central Zone, and South Zone, with plans for step-out drilling to refine the orientation and extent of mineralization [8][10][11][15]. - The Northeast and Southeast Expansion Zones will also be immediate focuses for further exploration [15][16]. Technological and Methodological Approaches - The 2025 exploration program will include non-drilling initiatives such as geophysical surveys and metallurgical studies to enhance the project [12][17]. - Historical drill core will be re-logged and resampled to incorporate into the current exploration model [17]. Strategic Partnerships - The company has secured strategic investments from South32 and Teck Resources Limited, positioning it well for future growth and exploration [4][9][19].
Western Copper and Gold: A Compelling Contrarian Investment Opportunity
Seeking Alpha· 2025-02-28 07:14
Group 1 - Western Copper and Gold Corp (NYSE: WRN) (TSX: WRN:CA) presents a contrarian buying opportunity due to its high-grade copper and gold deposit located in the Yukon territory of Canada [1] - Canadian deposits have historically traded at a premium compared to other regions, indicating potential value in WRN's assets [1] Group 2 - The author has been involved in precious metals investment since 2003 and has a background in real estate, which may provide insights into market trends [1] - The author has shifted focus to companies with market capitalizations exceeding $100 million, suggesting a strategic adjustment in investment approach [1]