Things are moving along for the Yukon Casino Project. In fact, Exploration results have been revealed by Western Copper and Gold.
Canada’s premier copper-gold mine in the Yukon Territory is one of the most economic greenfield copper-gold mining projects in the world. The essay results from the 2020 exploration diamond drilling program are in.
The company’s exploration program consisted of 12,008 m of diamond drilling in 49 holes with four specific drilling targets: the “Gold Zone” of higher-grade gold values, the “Northern Porphyry Zone”; the “Casino West Zone”, west of the Gold Zone; and the “Ana Zone” , 2 km west of the Casino West Zone.
Clearly, it is a project of significant proportions. The early drill program confirmed the higher-grade deposit core. According to President and CEO, Paul West-Sells,
“They persist from a few meters below the surface to greater than 200m depth over a sizable area. The significance of these attributes will be shown in the updated PEA.”
Of note, drilling at the Gold Zone confirmed higher copper and gold grades of the breccia-hosted mineralization in twenty completed holes. Within the eastern area are cluster of angle holes whose gold grades are significantly higher than the 0.25 g/t gold measured and indicated heap-leach resource grade.
Other holes contained gold and copper grades significantly higher than the 0.16% copper and 0.18 g/t gold grades of the measured and indicated mill resource. These grades extend over 100 m below the leached cap in the supergene and hypogene zones, covering an area of 800 m x 500 m.
Further details cover the Northern Porphyry Zone, where step-out drill holes increased the northern mineralization by approximately 500 m. In addition, drilling at the Casino West Zone focused on the southern flank of the Canadian Creek valley. Then, values increased progressively downslope towards Canadian Creek, reaching a maximum value of 0.30% CuE3 over 87.00 m in DDH20-37.
The Ana Zone is centered 4 km west of the main deposit core whose narrow mineralized intervals range from 1.92% CuEq3 over 3.00 m in DDH20-31 to 0.37% CuEq3 over 15.00 m in DDH20-40.
What’s next? Western will complete the Preliminary Economic Assessment on target for Q2.