Western Copper and Gold Corporation announced the results of its definitive feasibility study on its wholly-owned Casino copper-gold-molybdenum deposit in the Yukon. This Study recommends that the project be constructed as an open pit mine, with a concentrator processing nominally 120,000 tonnes per day and a gold heap leach facility processing nominally 25,000 tonnes per day. Under the Study these facilities would produce an average of 399,000 ounces of gold, 245 million pounds of copper, 15 million pounds of molybdenum, and 1.8 million ounces of silver per year during the first four years of production.

A significant amount of engineering, field work, and test work was completed between the issuance of the Pre-Feasibility Study and the Feasibility Study. This work resulted in the following key changes between the two studies: Heap Leach: The operation of the heap leach has been changed from a run-of-mine operation to a coarse crush and conveyer stack operation in order to achieve a higher gold recovery of 66%. The heap leach reserve has increased from 82 million tonnes to 157 million tonnes in part as a result of the increased gold recovery.