Business
WESTERN COPPER AND GOLD WELCOMES FEDERAL FUNDING FOR B.C.-YUKON GRID CONNECT PROJECT
WESTERN COPPER AND GOLD WELCOMES FEDERAL FUNDING FOR B.C.-YUKON GRID CONNECT PROJECT Ca...
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"\n\n\n\n\n WESTERN COPPER AND GOLD WELCOMES FEDERAL FUNDING FOR B.C.-YUKON GRID CONNECT PROJECT\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n WHITEHORSE, YT\n \n\n ,\n \n\n Sept. 23, 2024\n \n\n /CNW/ - Western Copper and Gold Corporation (\"Western\" or the \"Company\") (TSX: WRN) (NYSE American: WRN) welcomes the recent announcement by Natural Resources Canada (\"NRCan\"), conditionally approving\n \n C$40 million\n \n in federal funding to undertake pre-feasibility activities to advance a high-voltage transmission line network connecting the\n \n Yukon\n \n electrical grid to the North American grid in\n \n British Columbia\n \n . This funding would be provided through the Critical Minerals Infrastructure Fund (\"CMIF\").\n \n\n\n\n\n\n\n\n\n The announcement was made on\n \n September 20, 2024\n \n , by the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, with the Honourable Josie Osborne,\n \n British Columbia's\n \n Minister of Energy, Mines and Low Carbon Innovation, and the Honourable Ranj Pillai, Premier of the\n \n Yukon\n \n .\n \n\n The government announcement stresses the importance of investments in critical minerals infrastructure to enable\n \n Canada\n \n to seize the generational opportunity to transition to a low-carbon economy and capitalize on the country's rich mineral resources.\n \n\n As discussions around the grid connection evolve, the\n \n Casino\n \n Copper-Gold Project's (\"\n \n Casino\n \n \" or the \"Project\") future energy demand could play an important role in shaping strategic investments that enhance connectivity, providing lasting benefits for the\n \n Yukon\n \n and its communities.\n \n\n\n Sandeep Singh\n \n , Chief Executive Officer, stated: \"This is a meaningful step toward advancing much-needed energy infrastructure in the\n \n Yukon\n \n , with potential to support\n \n Canada's\n \n broader focus on improving the environmental performance and sustainability of critical mineral development.\n \n\n While\n \n Casino\n \n 's feasibility study demonstrates a hig...