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Western Copper and Gold Corp. Intercepts 55.1 g/t Gold Over 2.97 Metres at Casino
VANCOUVER, British Columbia, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN)
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"VANCOUVER, British Columbia, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that during its recently completed drill program at its wholly owned Casino Project, Hole DH19-21 returned 55.1 grams per tonne (“g/t”) gold over 2.97 metres (“m”) at a depth of 147.98 m. A re-assay of this sample returned 65.9 g/t confirming the high gold grade. This high grade intercept is the third high grade intercept found to date in the deposit (see Figure 1). Previously intersected high-gold intercepts include 1.85 m grading 73.60 g/t gold in Hole 94-300 located 580 m northwest of DH19-21 and 53.50 g/t gold over 2.5 m in Hole CAS-007 located 730 m northeast (see Table 1). Each of these high-gold intercepts occurs in or near fault structures and is associated with late phase alteration cross cutting the earlier porphyry related alteration. Additional, closer spaced drilling is needed to determine the full extent of these gold enriched structures. Given the 100 metre drill hole spacing in the Casino deposit, it is reasonable to expect that closer spaced drilling is likely to find additional gold bearing structures. “This third very high grade intercept from within the Casino deposit suggests potential for a number of very high-grade gold structures within the Casino deposit and we look forward to drill testing these structures to fully understand their extent and impact to the overall economics of the Casino Deposit.” said Paul West-Sells, President & CEO. Table 1: High grade intercepts sampled from the Casino Project. Hole Length (m) From (m) To (m) Width* (m) Au (g/t) Ag (g/t) Cu (%) Mo (%) DH19-21 249.94 147.98 150.95 2.97 55.10 1.8 0.07 0.000 (reassay) 147.98 150.95 2.97 65.90 1.7 0.07 0.000 94-300 152.40 69.16 71.01 1.85 73.60 10.8 0.01 0.035 (reassay) 69.16 71.01 1.85 99.96 Including 69.16 69.66 0.50 7.39 1.9 0.01 0.026 (resample) 69.66 70.16 0.50 0.16 2.3 0.01 0.038 70.16 70.66 0.50 921.00 9.0 0.01 0.038 70.66 71.01 0.35 738.00 12.0 0.01 0.089 and 71.01 72.00 0.99 108.50 2.5 0.01 0.026 CAS-007 486.17 343.55 346.00 2.45 53.50 1.5 0.04 0.001 *Note that reported widths are core length widths and not true widths. John McClintock, P.Eng., ...