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Proposed Nominations to Strengthen Western Copper and Gold'S Board

Management Changes

PROPOSED NOMINATIONS TO STRENGTHEN

WESTERN COPPER AND GOLD's BOARD

VANCOUVER, BC

,

May 15, 2024

/CNW/ - Western Copper and Gold Corporation ("Western" or the

"Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that

Raymond Threlkeld

,

Robert Chausse

and

Sandeep Singh

will stand for election as directors at the Company's upcoming

annual general and special meeting.

"We are extremely pleased that Mr. Threlkeld, Mr. Chausse and Mr. Singh have agreed to join our

board," said

Bill Williams

, Interim Chairman of Western. "The expansion of the Western board

reflects the growth and strategic initiatives of the Company as the

Casino

project moves into the

next phase of its lifecycle. Their collective wealth of experience and technical, operational and

financial acumen will be a strong complement to our Company."

Mr. Threlkeld is a seasoned mining professional with more than 30 years of experience in mineral

exploration, mine operations and construction and executive management. Currently, he is a director

of Calibre Mining Corp. and New Found Gold Corp. Most recently he was Chairman of Newmarket

Gold and became a director of

Kirkland Lake Gold

upon the sale of

Newmarket

. In addition, Mr.

Threlkeld was previously President and CEO of Rainy River Resources. From 1996 to 2004, Mr.

Threlkeld held a variety of senior executive positions with Barrick Gold Corporation rising to the

position of Vice President, Project Development. Among his accomplishments were the Pierina Mine

in

Peru

, Bulyanhulu Mine in

Tanzania

, Veladero Mine in

Argentina

, Lagunas Norte Mine in

Peru

and

the Cowel Mine in

Australia

. Mr. Threlkeld holds a B.Sc. degree in Geology from the

University of

Nevada

.

Mr. Chausse is a proven leader with more than 25 years of international finance experience in mining

who most recently served as CFO of New Gold Inc until his retirement. Currently, he is a director of

Revival Gold Inc. Previously, Mr. Chausse served as CFO of Richmont Mines Inc., CFO at

Stornoway Diamonds and EVP & CFO of

AuRico Gold

. His experience also includes VP of Finance,

Operations and Projects for

Kinross Gold

and he held increasingly senior positions with

Barrick

Gold

. Mr. Chausse is a Chartered Accountant and holds a Bachelor of Commerce degree from

Toronto

Metropolitan University.

ABOUT WESTERN COPPER AND GOLD CORPORATION

Western Copper and Gold Corporation is developing the

Casino

Project,

Canada's

premier copper-

gold mine in the

Yukon Territory

and one of the most economic greenfield copper-gold mining

projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to

progress the

Casino

project using internationally recognized responsible mining technologies and

practices.

For more information, visit

www.westerncopperandgold.com

.

On behalf of the board,

"Sandeep Singh"

Sandeep Singh

Chief Executive Officer

Western Copper and Gold Corporation

SOURCE

Western Copper and Gold Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/May2024/15/c7402.html

%SEDAR: 00023684E

CO: Western Copper and Gold Corporation

CNW 16:30e 15-MAY-24