Western Copper and Gold plans new gold mine in Yukon

January 7, 2014

Western Copper and Gold has submitted a proposal for an openpit gold mine in central Yukon to the Yukon Environment and Socio-economic Assessment Board.

The proposed Casino Mine would be larger than any mine currently in production in the Yukon Territory.

Western Copper and Gold says a mine at its Casino property, located 380 kilometres northwest of Whitehorse, could produce more than 400,000 ounces of gold annually and more than 200 million lbs of copper. 

If the mine is approved, the company says it could produce more than 400,000 ounces of gold annually and more than 200 million lbs of copper.

The mine could employ about 1,000 people during construction and provide 600 full-time jobs during production. Mine life is estimated at 22 years.

"You know if can take 18 months to two years to bring a project of this scale through YESAB," said Paul West-Sells, president of Western Copper Gold and Casino Mining Corp. "This is the first step and once it's through YESAB there is a quartz mining licence and water use licence that need to be obtained as well."

The application to YESAB is not yet open for public comment. 

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