Western Copper & Gold CEO: This year we're setting the table, next year we're having the feast | Summary and Q&A

TL;DR

Western Copper and Gold's Casino Project in the Yukon has gained government support and is entering the final stage of permitting.

Key Insights

• 🛟 The Casino project boasts significant reserves of 18 million ounces of gold and 10 billion pounds of copper.
• 🏘️ Western Copper and Gold have been actively engaging with First Nations and community stakeholders, focusing on traditional land-use studies and open houses to gain support for the project.
• 👋 The implementation of the best available technology process for tailings waste showcases the company's commitment to environmental sustainability.
• 📽️ The government's infrastructure package announcement demonstrates strong government backing for the Casino project, positioning it as the only copper project with broad government support.
• 🎁 The expected growth in the copper market presents an opportunity for Western Copper and Gold, as their share price is strongly influenced by copper price movements.
• 🤩 2018 is expected to bring the finalization of key parts for permitting, paving the way for the Casino project's development.
• 👾 The company anticipates increased mergers and acquisitions activity in the copper space as the market continues to grow.

Transcript

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Questions & Answers

Q: How long has Western Copper and Gold been developing the Casino project?

Western Copper and Gold has been developing the Casino copper gold project for the past 10 years.

Q: What are the key activities the company has been focusing on in 2017?

The company has been focusing on traditional land-use studies with First Nations, community engagement, and implementing the best available technology process for tailings waste.

Q: What major announcement did Western Copper and Gold receive for the project?

Western Copper and Gold received a major infrastructure package announcement from the Prime Minister of Canada and other officials, solidifying government support and the development of a road named "Casino Road" leading to the project site.

Q: How does the company expect the copper market to perform in 2018?

The company expects the copper market to continue growing, potentially reaching $3.50 per pound, and anticipates increased mergers and acquisitions activity in the copper space.

Summary & Key Takeaways

• Western Copper and Gold has been developing the Casino copper gold project for the past 10 years, with 18 million ounces of gold and 10 billion pounds of copper.

• The company has been focusing on traditional land-use studies with First Nations, community engagement, and implementing the best available technology process for tailings waste.

• A major infrastructure package announcement by the Prime Minister of Canada and other officials solidifies government support for the project, with a road development named "Casino Road" leading to the site.