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WESTERN COPPER AND GOLD APPOINTS RAYMOND THRELKELD AS CHAIRMAN

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Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has appointed Raymond Threlkeld as Chairman of the Board. Threlkeld, who joined the Board on June 27, 2024, succeeds Dr. Bill Williams, who served as Interim Chairman since February 22, 2024. Williams will continue to serve on the Board as a director.

Bill Williams expressed confidence in Threlkeld's leadership, citing his extensive background in project development, construction, and executive management. Threlkeld stated his excitement to lead the Board during this pivotal time for Western and his eagerness to collaborate with fellow directors and management to unlock the full potential of the Casino Project.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) ha nominato Raymond Threlkeld come Presidente del Consiglio. Threlkeld, che è entrato nel Consiglio il 27 giugno 2024, succede al Dr. Bill Williams, che ha ricoperto il ruolo di Presidente Interinale dal 22 febbraio 2024. Williams continuerà a far parte del Consiglio come direttore.

Bill Williams ha espresso fiducia nella leadership di Threlkeld, citando il suo ampio background nello sviluppo di progetti, costruzione e gestione esecutiva. Threlkeld ha dichiarato la sua eccitazione nel guidare il Consiglio in questo momento cruciale per Western e la sua voglia di collaborare con gli altri direttori e con la direzione per sbloccare il pieno potenziale del Progetto Casino.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) ha designado a Raymond Threlkeld como Presidente de la Junta. Threlkeld, quien se unió a la Junta el 27 de junio de 2024, sucede al Dr. Bill Williams, quien se desempeñó como Presidente Interino desde el 22 de febrero de 2024. Williams continuará formando parte de la Junta como director.

Bill Williams expresó su confianza en el liderazgo de Threlkeld, citando su amplia experiencia en desarrollo de proyectos, construcción y gestión ejecutiva. Threlkeld manifestó su entusiasmo por liderar la Junta durante este momento crucial para Western y su deseo de colaborar con otros directores y con la dirección para desbloquear todo el potencial del Proyecto Casino.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN)은 레이먼드 스레켈드를 이사회 의장으로 임명했습니다. 스레켈드는 2024년 6월 27일 이사회에 합류했으며, 2024년 2월 22일부터 임시 의장직을 맡고 있던 빌 윌리엄스를 이어받습니다. 윌리엄스는 이사회에서 이사로 계속 활동할 것입니다.

빌 윌리엄스는 스레켈드의 리더십에 대한 신뢰를 표명하며 그의 프로젝트 개발, 건설 및 경영진 관리에 관한 폭넓은 배경을 언급했습니다. 스레켈드는 웨스턴에 중요한 시기에 이사회를 이끌게 되어 기쁘며, 다른 이사 및 경영진과 협력하여 카지노 프로젝트의 모든 잠재력을 발휘할 것에 대해 기대하고 있다고 전했습니다.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) a nommé Raymond Threlkeld au poste de Président du Conseil. Threlkeld, qui a rejoint le Conseil le 27 juin 2024, succède au Dr Bill Williams, qui a été Président par intérim depuis le 22 février 2024. Williams continuera d'exercer en tant que directeur au sein du Conseil.

Bill Williams a exprimé sa confiance dans le leadership de Threlkeld, citant son large parcours dans le développement de projets, la construction et la direction exécutive. Threlkeld a déclaré être enthousiaste à l'idée de diriger le Conseil à ce moment crucial pour Western et se réjouit de collaborer avec ses collègues directeurs et la direction pour débloquer tout le potentiel du Projet Casino.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) hat Raymond Threlkeld zum Vorsitzenden des Vorstands ernannt. Threlkeld, der am 27. Juni 2024 in den Vorstand eintrat, folgt Dr. Bill Williams nach, der seit dem 22. Februar 2024 interimistischer Vorsitzender war. Williams wird weiterhin im Vorstand als Direktor tätig sein.

Bill Williams drückte sein Vertrauen in Threlkelds Führung aus und verwies auf dessen umfassenden Hintergrund in der Projektentwicklung, im Bauwesen und im Management. Threlkeld äußerte seine Begeisterung, den Vorstand in dieser entscheidenden Phase für Western zu leiten und seine Bereitschaft, mit seinen Kollegen im Vorstand und im Management zusammenzuarbeiten, um das volle Potenzial des Casino-Projekts zu entfalten.

Positive
  • Appointment of Raymond Threlkeld as Chairman, bringing extensive experience in project development and executive management
  • Continuity in leadership with Dr. Bill Williams remaining on the Board as a director
Negative
  • None.

WHITEHORSE, YT, Sept. 27, 2024 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce the appointment of Mr. Raymond Threlkeld as Chairman of the Board. Mr. Threlkeld, who joined the Board on June 27, 2024, succeeds Dr. Bill Williams, who served as Interim Chairman since February 22, 2024. Dr. Williams will continue to serve on the Board as a director.

"I am pleased with the progress made during my tenure as Interim Chairman," said Bill Williams. "With Ray's extensive background in project development, construction, and executive management, I am confident he is the right person to lead the Board moving forward".

"I am excited to step into the role of Chairman and to lead the Board during this pivotal time for Western," said Raymond Threlkeld. "I look forward to collaborating with my fellow directors and management to unlock the full potential of the Casino Project".

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. 

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com.

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
Western Copper and Gold Corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

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: mineral resource and reserve estimation; mine plan and operations; internal rate of return; sensitivities; net present value; potential recoveries; design parameters; economic potential; processing mineralized material; the potential of robust economics at Casino; advancing the Project through additional engineering and towards the next step in permitting and submission of an environmental and socio-economic effects statement; key changes to the TMF design; increases to the gold recovery in the heap leach; potential economic returns from the Project; estimated initial capital investment costs; estimated operating costs; estimated mining costs; development of the airstrip and all weather access road; anticipated concentrate handling service charges; developing and operating the Project in a safe, ethical and socially-responsible manner; plans for further development and securing the required permits and licenses for further studies to consider operation; 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.

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SOURCE Western Copper and Gold Corporation

FAQ

Who is the new Chairman of Western Copper and Gold (WRN)?

Raymond Threlkeld has been appointed as the new Chairman of Western Copper and Gold (WRN).

When did Raymond Threlkeld join the Board of Western Copper and Gold (WRN)?

Raymond Threlkeld joined the Board of Western Copper and Gold (WRN) on June 27, 2024.

Who did Raymond Threlkeld replace as Chairman of Western Copper and Gold (WRN)?

Raymond Threlkeld replaced Dr. Bill Williams, who served as Interim Chairman of Western Copper and Gold (WRN) since February 22, 2024.

What is the main project mentioned in Western Copper and Gold's (WRN) press release?

The main project mentioned in the press release is the Casino Project, which Raymond Threlkeld aims to help unlock its full potential as the new Chairman.

Western Copper and Gold Corporation

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