Western Copper and GOLD Appoints Raymond Threlkeld as Chairman
WESTERN COPPER AND GOLD APPOINTS RAYMOND
THRELKELD AS CHAIRMAN
WHITEHORSE, YT
,
Sept. 27, 2024
/CNW/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX:
WRN) (NYSE American: WRN) is pleased to announce the appointment of Mr.
Raymond Threlkeld
as Chairman of the Board.
Mr. Threlkeld, who joined the Board on
June 27, 2024
, succeeds Dr.
Bill Williams
, who served as Interim Chairman since
February 22, 2024
. Dr. Williams will continue to serve on the Board as a director.
"I am pleased with the progress made during my tenure as Interim Chairman," said
Bill Williams
. "With Ray's extensive
background in project development, construction, and executive management, I am confident he is the right person to lead the
Board moving forward".
"I am excited to step into the role of Chairman and to lead the Board during this pivotal time for Western," said
Raymond
Threlkeld
. "I look forward to collaborating with my fellow directors and management to unlock the full potential of the
Casino
Project".
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
Cautionary Disclaimer Regarding Forward-Looking Statements and Information
This news release contains certain forward-looking statements concerning anticipated developments in Western's operations
in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in
the United
States
Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National
Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements").
Certain forward-looking information should also be considered future-oriented financial information ("FOFI") as that term is
defined in NI 51-102. The purpose of disclosing FOFI is to provide a general overview of management's expectations
regarding the anticipated results of operations and capital expenditures and readers are cautioned that FOFI may not be
appropriate for other purposes. Forward-looking statements are frequently, but not always, identified by words such as
"expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that
events, conditions or results "will", "may", "could" or "should" occur or be achieved. These forward-looking statements may
include, but are not limited to, statements regarding: mineral resource and reserve estimation; mine plan and operations;
internal rate of return; sensitivities; net present value; potential recoveries; design parameters; economic potential;
processing mineralized material; the potential of robust economics at
Casino
; advancing the Project through additional
engineering and towards the next step in permitting and submission of an environmental and socio-economic effects
statement; key changes to the TMF design; increases to the gold recovery in the heap leach; potential economic returns from
the Project; estimated initial capital investment costs; estimated operating costs; estimated mining costs; development of the
airstrip and all weather access road; anticipated concentrate handling service charges; developing and operating the Project
in a safe, ethical and socially-responsible manner; plans for further development and securing the required permits and
licenses for further studies to consider operation; market price of precious and base metals; or other statements that are not
statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and
projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and
financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other
effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically
disclosed throughout this document, and in the AIF and Form 40-F.
Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or
achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements
expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks
and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and
currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of
mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated
economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First
Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional
financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in
construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of
permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and
other information released by Western and filed with the applicable regulatory agencies.
Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the
statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise
any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise
required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on
forward-looking statements.
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CO: Western Copper and Gold Corporation
CNW 06:30e 27-SEP-24