Results of drilling completed between January 2020 and May 2022 at Beatons Creek includes an indicated resource of 3.1 million tonnes at 2.4 g/t gold for 234,000 oz. gold.
Western Copper has been in discussions with the YESAB on how to address changes in assessment methods, environmental base practices and enhancements to the Casino project.
The new exploration rights form a continuous block on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop.
The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery “has the potential to secure the medium-term future of the Pallancata mine.”