WESTERN COPPER AND GOLD PROVIDES PROJECT UPDATE
WESTERN COPPER AND GOLD PROVIDES PROJECT UPDATE
VANCOUVER, B.C. Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN; NYSE American: WRN) through its wholly-owned subsidiary, Casino Mining Corporation ("Casino") has submitted to the Yukon Environmental and Socio-Economic Assessment Board ("YESAB") Executive Committee an updated and refined schedule for submission of the Environmental and Socio-economic Effects Statement ("ESE Statement") for the Casino Mine Project. The ESE Statement will form the basis for the Company's assessment application for the Panel Review and will include all the material outlined in the Revised ESE Statement Guidelines issued on September 12, 2023.
VANCOUVERBILRO.C. 西部铜金公司(“西方” 或 “公司”)(多伦多证券交易所股票代码:WRN;纽约证券交易所美国股票代码:WRN)通过其全资子公司赌场矿业公司(“赌场”)向育空地区环境和社会经济评估委员会(“YESAB”)执行委员会提交了赌场矿项目环境和社会经济影响声明(“ESE声明”)的更新和完善的时间表。ESE声明将构成公司小组审查评估申请的基础,并将包括2023年9月12日发布的经修订的ESE声明指南中概述的所有材料。
In the schedule, Casino indicates that it plans to submit the ESE Statement in or around July 2025, which is an update from the previously estimated submission date of the second half of 2024. Ongoing detailed review of the guidelines during the winter of 2023, followed by updated work planning and schedule mapping of our technical consultants, in conjunction with further conversations and development of engagement plans with First Nations, have led to have a clearer picture of the level of effort and associated timelines to produce our ESE Statement.
在时间表中,Casino表示计划在2025年7月左右提交ESE声明,这是对先前估计的2024年下半年提交日期的更新。2023年冬季对指导方针的持续详细审查,随后对我们的技术顾问进行了更新的工作计划和日程安排,再加上与原住民的进一步对话和参与计划的制定,使我们对制定ESE声明的努力水平和相关时间表有了更清晰的了解。
"Western is committed to ensuring a robust review of the Casino project, as the first and only project in the Yukon going through the highest level of review and relying on the most up to date methodologies in environmental assessment." stated Sandeep Singh, Chief Executive Officer. "It was paramount to me when I joined that I became comfortable with our permitting plan before launching into the panel review process and that we were well funded to navigate the assessment process successfully.
首席执行官桑迪普·辛格表示:“西方致力于确保对赌场项目进行强有力的审查,这是育空地区第一个也是唯一一个经过最高级别审查并依赖最新的环境评估方法的项目。”“当我加入时,最重要的是,在启动小组审查程序之前,我对我们的许可计划感到满意,并且我们有充足的资金来成功完成评估流程。
We look forward to compiling all the hard work and proper science that has already gone into the project and moving steadily towards submission. We also continue to closely monitor the situation in the Yukon following the Eagle mine failure. The Company welcomes the proposed investigation of the failure and believe that Casino's assessment timeline will more than allow for the incorporation of any lessons learned through that process.
我们期待着汇编项目中已经投入的所有辛勤工作和适当的科学依据,并稳步向提交的方向迈进。我们还继续密切关注伊格尔矿故障后的育空地区局势。该公司欢迎拟议的失败调查,并认为Casino的评估时间表将足以吸取该过程中的任何经验教训。
We are confident that the Casino project can be a sustainable critical minerals asset for the Yukon, and can be the type of mine that helps improve the Yukon's mining legacy, to the benefit of all Yukoners."
我们相信,Casino项目可以成为育空地区可持续的关键矿产资产,也可以成为帮助改善育空地区采矿遗产的那种矿山,使所有育空地区的人受益。”
ABOUT WESTERN COPPER AND GOLD CORPORATION
关于西方铜金公司
Western Copper and Gold Corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.
西部铜金公司正在开发赌场项目,这是加拿大育空地区首屈一指的铜金矿,也是世界上最经济的绿地铜金开采项目之一。
The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.
公司致力于与我们的原住民和当地社区合作,使用国际公认的负责任采矿技术和做法,推进赌场项目。
For more information, visit
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On behalf of the board,
代表董事会
"Sandeep Singh"
Sandeep Singh
Chief Executive Officer
Western Copper and Gold Corporation
“桑迪普·辛格”
桑迪普·辛格
首席执行官
西方铜金公司
Cautionary Disclaimer Regarding Forward-Looking Statements and Information
关于前瞻性陈述和信息的警示性免责声明
This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Certain forward-looking information should also be considered future-oriented financial information ("FOFI") as that term is defined in NI 51-102. The purpose of disclosing FOFI is to provide a general overview of management's expectations regarding the anticipated results of operations and capital expenditures and readers are cautioned that FOFI may not be appropriate for other purposes. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. These forward-looking statements may include, but are not limited to, statements regarding: mineral resource and reserve estimation; mine plan and operations; internal rate of return; sensitivities; net present value; potential recoveries; design parameters; economic potential; processing mineralized material; the potential of robust economics at Casino; advancing the Project through additional engineering and towards the next step in permitting and submission of an environmental and socio-economic effects statement; key changes to the TMF design; increases to the gold recovery in the heap leach; potential economic returns from the Project; estimated initial capital investment costs; estimated operating costs; estimated mining costs; development of the airstrip and all weather access road; anticipated concentrate handling service charges; developing and operating the Project in a safe, ethical and socially-responsible manner; plans for further development and securing the required permits and licenses for further studies to consider operation; market price of precious and base metals; or other statements that are not statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically disclosed throughout this document, and in the AIF and Form 40-F.
本新闻稿包含有关西方航空未来业务预期发展的某些前瞻性陈述。非历史事实的陈述是1995年《美国私人证券诉讼改革法》中定义的 “前瞻性陈述”,而加拿大证券管理局的国家仪器51-102(“NI 51-102”)中定义的 “前瞻性信息”(统称为 “前瞻性陈述”)。某些前瞻性信息也应被视为面向未来的财务信息(“FOFI”),正如该术语在NI 51-102中定义的那样。披露FOFI的目的是概述管理层对预期运营业绩和资本支出的预期,并提醒读者,FOFI可能不适用于其他目的。前瞻性陈述通常以 “期望”、“预期”、“相信”、“打算”、“估计”、“潜在”、“可能”、“可能” 或类似的表述来识别,或关于事件、条件或结果 “将”、“可能”、“可能” 或 “应该” 发生或实现的陈述。这些前瞻性陈述可能包括但不限于以下方面的陈述:矿产资源和储量估计;矿山规划和运营;敏感度;净现值;潜在回收率;设计参数;经济潜力;矿化材料的加工;Casino强劲经济的潜力;通过额外工程推进项目以及批准和提交环境和社会经济影响声明的下一步;TMF设计的关键变更;增加到堆浸中的黄金回收;该项目的潜在经济回报;估计的初始资本投资成本;估计的运营成本;估计的采矿成本;简易机场和全天候通道的开发;预期的精矿处理服务费;以安全、合乎道德和社会责任的方式开发和运营该项目;进一步发展计划并获得考虑运营的进一步研究所需的许可证和执照;贵金属和基本金属的市场价格;或其他不符合条件的声明事实陈述。用于制定前瞻性陈述的重大因素或假设包括当前和预计的市场价格和外汇汇率、勘探估计和结果、资本和融资的持续可用性、施工和运营、公司未遇到不可预见的延误、意外的地质或其他影响、设备故障、许可延误以及总体经济、市场或业务状况,如本文件以及AIF和40-F表格中更具体地披露的那样。
Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.
前瞻性陈述是关于未来的陈述,本质上是不确定的,由于各种风险、不确定性和其他因素,西方及其子公司的实际业绩、业绩或成就可能与前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就存在重大差异。除其他外,此类风险和其他因素包括金、铜和其他大宗商品价格和货币汇率波动所涉及的风险;与钻探结果解释和地质学、矿床的连续性和品位有关的不确定性;资本和运营成本、回收率、产量估计和估计经济回报估计的不确定性;与合资经营业务相关的风险;与政府机构和原住民合作开发房产和发行房产相关的风险所需的许可证;与需要获得额外融资以开发该物业相关的风险以及未来融资可用性和条款的不确定性;建筑项目延迟的可能性和实现预期计划里程碑的不确定性;许可证和其他政府批准能否及时获得的不确定性;以及西方航空的AIF和40-F表格中披露的其他风险和不确定性,以及西方发布并提交给相关监管机构的其他信息。
Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
Western的前瞻性陈述基于管理层在声明发表之日的信念、预期和观点,除非适用的证券立法另有规定,否则西方不假设也明确声明有任何更新或修改任何前瞻性陈述的意图或义务,无论是由于新信息、未来事件还是其他原因。出于上述原因,投资者不应过分依赖前瞻性陈述。