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(Kitco News) - The last three years have been pivotal for Western Copper and Gold, noted president and CEO Paul West-Sells.
West-Sells spoke to Kitco in February at Mines And Money Miami.
Western Copper and Gold (TSX:WRN) is developing the Casino project, a copper-gold asset in the Yukon Territory. The company said it is one of the most economic greenfield copper-gold mining projects in the world.
West-Sells outlined the accomplishments since the start of the decade.
"It's really been an exciting three years at the company. You go back to 2020, we almost doubled the resource," noted West-Sells. "In 2021 we issued a preliminary economic assessment on the project, and then last June we issued a full feasibility study on the project as well, which shows at a fairly conservative commodity price a $2.3 billion present value with a 18% internal rate of return after tax."
"In the middle of those years we also brought on Rio Tinto as a strategic partner."
Copper has also come to the fore, with many countries developing critical metal strategies.
"There is a big push by Canada into critical minerals. We will be the largest critical minerals mine in Canada," said West-Sells. "That's the copper and the molybdenum. I don't talk a lot about molybdenum, but it's actually a significant part of the overall deposit."
Coverage of Mines And Money Miami sponsored by Snowline Gold.
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