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Western Copper & Gold Corp

For the period ended Dec 31, 2023. Filed Mar 29, 2024.

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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2023 · Filed Mar 29, 2024

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WRN$1.49-3.2%Stored close · as of Nov 6, 2026
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Contents

EX-99.2 · Drilling Program

Drilling Program

On August 23, 2023, the Company announced a drilling program on its wholly-owned Casino copper-gold-molybdenum deposit. The drilling program was developed by Western's Technical and Sustainability Committee, which is comprised of members from Western, Rio Tinto and Mitsubishi Materials.

The 2023 drilling program consisted of 2,214 m of drilling in seven drill holes, ranging from 130 m to 560 m in depth. The drill holes were located inside the current pit boundaries and upon completion, should result in upgrading of some of the Indicated Resource to the Measured Resource category. A metallurgical program, using drill core collected from this program, will commence upon completion of drilling and receipt of assays.

The 2023 drilling program also included 783 m of geotechnical and hydrogeological drilling designed by Knight-Piesold Consulting, which targeted the ground conditions of the proposed open pit, stockpiles, tailings management facility, heap leaching facility, new airstrip, and the proposed Ranney well site.

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