Project - Timeline

Casino anticipates its submission of the Project’s Environmental and Socio-economic Statement (ESE Statement) to the Yukon Environmental and Socio-economic Assessment Board (YESAB) in the second quarter of 2023.

This ESE Statement submission is an important next step in the YESAB Panel Review process.

Since 2016, when the Casino Project was referred to Panel Review by the YESAB Executive Committee, Casino has continued to advance the Project by engaging with affected Yukon First Nations governments and citizens, completing several Traditional Knowledge (TK) and environmental studies, conducting a number of drill campaigns and finalizing a Preliminary Economic Assessment (PEA) on the Project.

The PEA includes important refinements to many Project components including the site’s tailings and waste management infrastructure, which incorporates improvements identified by the Best Available Tailings Technology Study (BATT Study) completed in 2018 with participation by Yukon First Nations, YESAB and the Government of Yukon, as well as with guidance from Casino’s Independent Engineering Review Panel.

In October 2021, Casino engaged the services of M3 Engineering & Technology Corporation of Tucson, Arizona (M3) to conduct a Feasibility Study of the Casino Project. M3 also completed Casino’s Preliminary Economic Assessment. The targeted completion of the Feasibility Study is the second quarter of 2022.

Time Casino Project Milestones
2007 Environmental baseline studies initiated.
2008 Initial pre-feasibility study completed.
2010 Pre-feasibility study updated.
2007-12 $35 million invested.
2008-13 – Environmental studies conducted.
– Mineral resource evaluation completed.
– Freegold road extension assessment completed.
– Regular meetings held with regulators, Yukon Environment Socio-economic Assessment Board (YESAB) executive committee, Yukon government departments.
– Continuing meetings held with First Nation governments and communities.
2013 – Bankable feasibility study completed.
– Casino Project proposal YESAB submission completed.
– $8 million invested.
2014 YESAB assessment of Casino Mine Project proposal commences
2015 – YESAB assessment continues
– Ongoing environmental studies
2016 Referral to Panel Review – highest level of assessment in Yukon
2017-2018 Environmental and Socio-economic Statement Preparation
2019 onwards – YESAB Panel Review
– Quartz Mining License pocess
– Yukon Water Board process
– Detailed engineering
– Project financing
+ 2 years Start mine production – gold heap leach operation.
+ 4 years Start mine production – milling operation.