Project - Overview
Casino Mining Corporation is developing the Casino Project, a copper, gold, molybdenum and silver deposit, located about 300 km northwest of Whitehorse, Yukon, Canada. It ranks among the largest copper-gold deposits in the world. The project is currently in the environmental assessment review process.
The Casino Project site is located entirely within the Traditional Territory of Selkirk First Nation on Crown land, administered by the Government of Yukon. The Traditional Territory of Tr’ondëk Hwëch’in lies to the north with the access road crossing into Little Salmon/Carmacks First Nation Traditional Territory to the south. White River First Nation and Kluane First Nation are also affected by the Project.
Casino is proposing a conventional single-line SAG mill circuit (Semi-Autogenous Ball Mill Crusher, or SABC) followed by conventional flotation to produce concentrate for sale. In addition to the concentrator, a separate carbon-in-column facility will recover previous metals from heap leached oxide material. Gold and silver doré will be shipped by truck to metal refineries. The Project is anticipated to produce approximately 6.52 million ounces of gold, 34.38 million ounces of silver, 4.08 billion pounds of copper and 330 million pounds of molybdenum over the 25-year life of the mine and will significantly contribute to the Yukon’s, and to Canada’s, and the world’s transition to a green economy.
The Casino Property has several routes of access including by air and via a network of paved highways connecting the region to Whitehorse, to the rest of Canada and to tidewater at the Port of Skagway, Alaska. Roads to the Property currently exist as far as Carmacks, Yukon; approximately 200 km from the site. Casino will construct a new all-weather gravel road connecting the Project to Carmacks via the existing Freegold Road to support trucking from Carmacks to Casino.
The Project will require the construction of a power plant and is currently proposing to generate its own electrical power utilizing Liquefied natural gas (LNG). Fresh water will be sourced from the Yukon River, which flows westward approximately 17 km north of the site.
Since Western Copper and Gold Corp. acquired the wholly-owned Casino Property in 2008, the Casino team has applied a measured and responsible approach to preparing its environmental and socio-economic assessment proposal. In December 2021, Casino submitted an updated schedule for its submission of an Environmental and Socio-economic Statement (ESE Statement) to the Yukon Environmental and Socio-Economic Assessment Board (YESAB). YESAB will assess the Casino Project for environmental and socio-economic effects and make its recommendations for project approval.
Following YESAB approval, Casino will secure licensing and permitting from the Yukon Government for a Quartz Mining License and from the Yukon Water Board for a Water Use License, as well as a number of other territorial and federal authorizations prior to construction.