Western Copper and Gold Corporation is pleased to report that the Yukon Government and Little SalmonCarmacks First Nation have reached an agreement to upgrade three bridges along the Freegold Road, which will benefit access to the Casino Project. The Agreement provides funding for Little SalmonCarmacks First Nation to effectively participate in the planning, design, regulatory processes and construction activities …
Evening Magazine the Best of Western Washington Casino Road Ministries voted Best Local Charity. Snohomish County News Tribune Collaboration to Help Kids. 2 days ago Caesars Entertainment has announced an early HSR clearance for its proposed combination with William Hill. The deal has to be subject to the HSR (Hart-Scott-Rodino Antitrust Improvements) Act 1976 and has also received approvals from the Mississippi Gaming Commission. Sep 16, 2016 For the second time in a week, Everett Police responded to the Casino Road area for a report of shots fired and a teen hit. This time it happened in front of the Casino Lane apartments in the 800. - One man was struck by gunfire Friday during an altercation between the occupants of two cars on West Casino Road in Everett, police said. The drama unfolded at about 2:30 p.m.
Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN) (NYSE American: WRN) is pleased to report that the Yukon Government and Little SalmonCarmacks First Nation have reached an agreement (the “Agreement”) to upgrade three bridges along the Freegold Road, which will benefit access to the Casino Project. The Agreement provides funding for Little SalmonCarmacks First Nation to effectively participate in the planning, design, regulatory processes and construction activities of the project.
This Agreement represents the second project agreement for the Yukon Resource Gateway Project (the “Gateway Project”) on the Freegold Road. The Gateway Project includes funding for upgrading the initial 82 km of the existing access road to standards required for the Casino Project and 30% funding for the additional 126 km of new access road to the Casino site secured through commitments from the Yukon Government and the Federal Government.
The first project agreement on the Freegold Road was reached in April 2019 on the initial segment of the Freegold Road – the Carmacks Bypass. The Carmacks bypass will ensure the safety of Carmacks residents by redirecting industrial traffic away from the community and has recently moved through the Environmental Assessment process and has been recommended to proceed. Construction of the Carmacks bypass will begin following the issuance of required permits.
Paul West-Sells , President and CEO commented: “This Agreement is another important step forward in the development of the Casino Project. I am pleased to see that the Agreement enables the Little Salmon/Carmacks First Nation to gain opportunities through potential contracting, education and training benefits associated with the project.”
Details of the Agreement, as well as the Gateway Project can be found here:
https://yukon.ca/en/news/fifth-yukon-resource-gateway-project-agreement-reached
ABOUT Western Copper and Gold Corporation
Western Copper and Gold Corporation is developing the Casino Project, Canada’s premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world. For more information, visit www.westerncopperandgold.com .
On behalf of the board,
“Paul West-Sells”
Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation
Cautionary Disclaimer Regarding Forward-Looking Statements and Information
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This news release contains certain forward-looking statements concerning anticipated developments in Western’s operations in future periods. Statements that are not historical fact are “forward-looking statements” as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and “forward looking information” as that term is defined in National Instrument 51-102 (“NI 51-102”) of the Canadian Securities Administrators (collectively, “forward-looking statements”). Certain forward-looking information should also be considered future-oriented financial information (“FOFI”) as that term is defined in NI 51-102. The purpose of disclosing FOFI is to provide a general overview of management’s expectations regarding the anticipated results of operations and capital expenditures and readers are cautioned that FOFI may not be appropriate for other purposes. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. These forward-looking statements may include, but are not limited to, statements regarding perceived merit of properties; mineral reserve and resource estimates; capital expenditures; feasibility study results (including projected economic returns, operating costs, and capital costs in connection with the Casino Project); exploration results at the Company’s property; budgets; permitting or other timelines; economic benefits from the mine and/or the access road; strategic plans; market price of precious and base metals; or other statements that are not statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically disclosed throughout this document, and in the AIF and Form 40-F.
Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western’s AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.
Western’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
SOURCE Western Copper and Gold Corporation
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YOUR EVERETT COMMUNITY NEIGHBORS NEED YOUR HELP
Just a few miles south of downtown Everett is a thriving, diverse community. Considered the poorest area of Snohomish County, they have been hit especially hard during the Covid 19 pandemic. Hard workers, many in the construction and hospitality industry, were among the first to lose their employment.
There is an amazing collaborative effort across many organizations to assist. Connect Casino Road (CCR) https://www.connectcasinoroad.org, ChildStrive https://childstrive.org, Madres de Casino Road https://www.facebook.com/madrescasinord, Ventures https://www.venturesnonprofit.org, and Volunteers of America Western Washington (VOAWW) https://www.voaww.org, are the tip of the iceberg. CCR is located at 14 East Casino Rd, Everett, WA 98208, along with ChildStrive, Ventures and Madres de Casino Road.
In 2016, the Community Foundation of Snohomish County https://www.cf-sc.org/ recognized this substantial need and began providing administrative services as the backbone of this effort. With a mission to help this population succeed and a goal to meet their immediate and critical needs, CCR was realized. With Sara Boyle as Director of CCR, Yelitza Medina as Family and Communications Coordinator across all Partners, Jessica Figueroa as the Village on Casino Road Coordniator and Rebecca Mauldin as Director of Devopment and Communication for Child Strive, these outstanding individuals work tirelessly to assist people in need. Please see the websites above for more details about their expertise and commitment.
Occupying a building of the ChildStrive complex, they work hand in hand with all these organizations. An expansive renovation of the CCR area took place to turn this into a community center where everyone could gather to learn, congregate, play, and just communicate with their neighbors. A place to hold birthday parties, wedding and baby showers, or have a cup of coffee while watching the children play in the courtyard. It is to be simply called the “Village”, not by any partner’s name. Their tagline is “Place to Aspire”.
This was made possible with a $200,000 grant from Premera’s Social Impact Initiative, a $500,000 grant from the Bill and Melinda Gates Foundation and a $75,000 United Way of Snohomish County grant. While the pandemic squashed plans for a grand opening celebration, all partners quickly and seamlessly switched gears.
Casino Road News
Until the Village can become fully functional, CCR is offering food bank services with VOAWW, (one phone call to VOAWW started the CCR food bank in a week), rent assistance ($90,000 to date), medical referrals, (including domestic and child abuse), and more. Call or email them at the links above if you need this help.
A big concern is the rent eviction moratorium, which was extended on September 1, 2020, through the end of 2020. While CCR and many other agencies have been helping with rent assistance services, when the eviction moratorium ends, many families will be left with back rent still owed and no ability to pay. At that point, the need for housing will increase drastically to prevent an even larger homeless situation in south Snohomish County.
CCR’s ultimate goal is to be a fluid platform that transforms and evolves with the changing needs of the community over time. This includes, but will certainly not be limited to providing a safe, supportive learning environment, tutoring resources for children in need, GED classes for adults, language classes, art and cultural experiences and other options of interest for all concerned in a warm, friendly, inclusive community setting.
Road Conditions
Madres de Casino Road is an amazing group of women who started their effort to empower girls and women. Their food bank offers basic staples, but amazingly, fresh produce by working with farmers and farmers’ markets for their surplus, and also by purchasing what is not donated. Research shows that healthy food leads to a healthy mind and Madres is working hard to achieve that goal with fresh fruits and vegetables for families and children.
ChildStrive continues to offer support to families struggling with education and that of their children, especially those with disabilities. Their pre-school is up and running, though remotely, with teachers and staff assisting virtually in helping parents keep their children from falling behind educationally. Child Strive will follow the Everett School District’s guidelines for when it will be safe to return students to the classroom.
ChildStrive is also offering free hot lunch for pick up on Fridays between Noon and 2:00 pm. Meanwhile their students who would normally be dependent on a meal at school are being delivered meals to their homes.
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There are many ways to help. Follow any of the highlighted links above for the organizations, drop off food at your local food bank or make a cash donation so they can purchase non donated items. Once the Covid 19 pandemic resides, there will be an increased need for volunteers and services from all backgrounds. Please assist if you can.