- Western Copper and Gold Corporation **submitted its Environmental and Socio-economic Effects Statement (ESE Statement) for the proposed Casino Project** to the Yukon Environmental and Socio-economic Assessment Board (YESAB) on **October 6, 2025**, marking a significant positive step in the project's permitting process.  **[1364125_0001279569-25-001108_ex991.htm:0]** 
- The ESE Statement concluded that **Project-related residual effects and cumulative residual effects were assessed to be not significant** across all Valued Environmental and Socio-economic Components (VESECs) with the implementation of comprehensive environmental management measures.  **[1364125_0001279569-25-001108_ex991.htm:0]** 
- The Casino Project is estimated to contribute **over C$44 billion to Canada's GDP** (including over **C$37 billion in the Yukon**) and create approximately **700 direct jobs** and an additional **2,000 jobs** across suppliers, contractors, and local businesses over its 27-year mine life.  **[1364125_0001279569-25-001108_ex991.htm:1]** 
- The project is forecast to generate **C$175 million in tax revenue annually for the Government of Yukon** and **C$231 million for the Government of Canada**, and is positioned to become **Canada's second-largest copper producer** and the **single largest molybdenum producer**.  **[1364125_0001279569-25-001108_ex991.htm:1]**

Western Copper and Gold Submits Environmental and Socio-economic Effects Statement for Casino Project

- White Gold Corp. announced the filing of an updated National Instrument 43-101 technical report for its White Gold Project in Yukon, Canada, with an effective date of **August 19, 2025**.  **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_0]** 
- The updated Mineral Resource Estimate (MRE) includes **1,732,300 ounces of gold in Indicated Resources** (35.2 million tonnes grading 1.53 g/t Au), representing a **44% increase** compared to the previous 2024 MRE.  **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_2]** **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_3]** 
- Inferred Resources increased by **13.43%** to **1,265,900 ounces of gold** (32.2 million tonnes grading 1.22 g/t Au).  **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_2]** **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_3]** 
- The gold resources are near surface, almost entirely within open pits, and remain open for expansion, with a **2025 exploration program** designed to further increase resource size and advance technical understanding for a Preliminary Economic Assessment (PEA).  **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_0]** **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_3]** **[1364125_7f4aac431ecc4c698eb107b61d21b6bc_5]**

White Gold Corp. Files Updated Technical Report for White Gold Project

- Western Copper and Gold Corporation has submitted its **Environmental and Socio-economic Effects Statement (ESE Statement)** for the proposed **Casino Project** to the Yukon Environmental and Socio-economic Assessment Board (YESAB), representing a significant step in the project's permitting process.  **[1364125_20251006VA90666:0]** 
- The Casino Project is estimated to contribute over **C$44 billion to Canada's GDP**, including over **C$37 billion in the Yukon**, over its proposed **27-year mine life**.  **[1364125_20251006VA90666:0]** 
- The project is expected to create approximately **700 direct jobs** and an additional **2,000 jobs** across suppliers, contractors, and local businesses, generating over **C$12 billion in wages and salaries**.  **[1364125_20251006VA90666:0]** 
- Annually, the Casino Project is forecast to generate **C$175 million in tax revenue for the Government of Yukon** and **C$231 million for the Government of Canada**.  **[1364125_20251006VA90666:0]** 
- The Casino Project is positioned to become one of North America's largest producers of copper and molybdenum, critical minerals, and would rank as Canada's **second-largest copper producer** and the country's **single largest molybdenum producer**.  **[1364125_20251006VA90666:1]**

Western Copper & Gold (WRN)