Western Copper unveils PEA for Casino Cu-Au-Mo Project
2021-06-25 14:37:51 [Print]
Canadian-based Western Copper and Gold has unveiled the results of an updated preliminary economic assessment (PEA) for Casino copper-gold-molybdenum deposit in the Yukon.
The study examined the development of the Casino project, which comprises the processing of 1.3-billion tonnes of mineralised material for the mill and heap leach.
The project would require an initial capital investment of C$3.25-billion for the 25-year Phase 1 operation . The mine would produce a yearly average of 178-million pounds of copper, 231 000 oz of gold, 1 . 36-million ounces of silver and 16 . 6-million pounds of molybdenum.
"This study reaffirms Casino as one of the very few long-life copper/gold projects with robust economics in a top mining district, the Yukon," the company said.
The study examined the development of the Casino project, which comprises the processing of 1.3-billion tonnes of mineralised material for the mill and heap leach.
The project would require an initial capital investment of C$3.25-billion for the 25-year Phase 1 operation . The mine would produce a yearly average of 178-million pounds of copper, 231 000 oz of gold, 1 . 36-million ounces of silver and 16 . 6-million pounds of molybdenum.
"This study reaffirms Casino as one of the very few long-life copper/gold projects with robust economics in a top mining district, the Yukon," the company said.