Western awards Casino EPCM to M3 and looks for LNG suppliers

Western Copper and Gold Corporation has awarded the engineering, procurement and construction management (“EPCM”) contract for the Casino Project to M3 Engineering & Technology Corporation of Tucson, Arizona.

M3 is very familiar with Casino, having worked on the project from an early stage preparing two pre-feasibility studies as well as the feasibility study issued in early 2013. M3 will work closely with Cameron Brown, Vice President — Engineering, who has 44 years of experience in operations, design and construction of mining projects including leading the design and construction management of the Los Pelambres Copper mine in Chile as Project Manager for Bechtel Mining.

“Choosing M3 was the logical choice based on our long successful history with them,” said Dale Corman, Chairman and CEO of Western, “We have worked with M3 since Western Silver, our predecessor company was developing the Peñasquito Project and are confident that the development of the Casino Project will meet with similar success.”

Western is currently evaluating several potential suppliers of liquefied natural gas (“LNG”) for the Casino Project. The Company was pleased to see that Yukon Energy Corporation has received the permits for the installation and operation of LNG storage and vaporization facilities to support the planned replacement of diesel fueled generators to LNG fuelled units in the Whitehorse power generation facility. This action further demonstrates the increasing awareness and acceptance of LNG as an important energy contributor to the overall energy solution for the Yukon.

Press Release, August 26, 2014; Image: Western Copper and Gold Corporation