Western Copper Spends $2.3M on Casino Project in 2016

Shares of the Company, which engages in exploring, evaluating, developing, and mining mineral properties in Canada, are trading below their day and day moving averages. Western Copper and Gold: For more information, visit www. TMAC Resources' shares have advanced 5. Golden Queen Mining's shares have gained

Western Copper and Gold Provides Update on Casino Project

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Recent discussions with the Yukon Government indicate that work towards building these roads is underway, starting with permitting for construction of a by-pass that will allow mining-related traffic to avoid the town of Carmacks, a key mitigation measure identified by the local community.

A large part of the initiative has been the Best Available Tailing Technology "BATT" review process relating to the design of the tailings and waste management facility. In this regard, Western is following the roadmap identified by the British Columbia Government, and being contemplated by the Yukon Government, to receive and consider feedback from key stakeholders. The goal is to come to a tailings management facility design that uses the best available tailings and mine waste deposition technology and has buy-in from the community, First Nations, and regulatory authorities.

Eng, the Company's VP Engineering and a Qualified Person as defined in National Instrument has read, verified and approved the scientific and technical disclosure contained in this news release. 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. For more information, visit www. Currently the Company is developing uranium projects in the Athabasca basin as well as lithium pegmatite projects in Manitoba Test Mining Delivers Average Grade of 9.

Pretivm to Repurchase Precious Metals Stream. In this regard, Western is following the roadmap identified by the British Columbia Government, and being contemplated by the Yukon Government, to receive and consider feedback from key stakeholders.

The goal is to come to a tailings management facility design that uses the best available tailings and mine waste deposition technology and has buy-in from the community, First Nations, and regulatory authorities.

Eng, the Company's VP Engineering and a Qualified Person as defined in National Instrument has read, verified and approved the scientific and technical disclosure contained in this news release. 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.

For more information, visit www. On behalf of the board,. 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 and "forward looking information" as that term is defined in National Instrument "NI " 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 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.

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 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.

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.


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