Western Copper and Gold Commences Drill Campaign at Casino

Press Release

VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) is pleased to announce the commencement of an approximately 10,000 meter drill program at its wholly owned Casino Copper-Gold Project (“Casino”).

CASINO DRILL CAMPAIGN

The drill campaign primarily consists of in-fill drilling of inferred mineralization located in the 22-year pit outlined by the January 25, 2013 Casino Project Feasibility Study (the “Feasibility Study”).  Drilling will be performed by two diamond drill rigs, and will consist of holes between 150 meters and 400 meters in depth.  It is expected that drilling will commence this week and be completed by the end of the third quarter.

The goal of the drilling campaign is to convert inferred mineralization to indicated mineralization, which would have a number of positive effects on the Casino project, including:

• Increasing the overall tonnage of indicated mineralization, which in turn increases the amount of material that potentially becomes reserves in future economic studies, thus increasing projected mine life.
• Potentially lowering the overall strip ratio, as in the Feasibility Study inferred mineralization located in the Casino pit was considered to be waste.
• Providing more accurate quantities of ore and waste, which will allow for more detailed engineering of the tailings and mine waste facility outlined in the Best Available Tailings Technology Study (see news release dated November 5, 2018).

Paul West-Sells, President and CEO, stated “We are excited to be drilling again at the Casino Project and optimistic that the expected updated resource will take one of the largest, economic, copper-gold deposits located in one of the most mining friendly jurisdictions in the world – Yukon, Canada and make it larger, more economic, and more robust.”

Technical information in this news release has been reviewed and approved by Jack McClintock, P.Geo, and a ‘Qualified Person’ as defined under Canadian National Instrument 43.101.

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.  For more information, visit www.westerncopperandgold.com.

On behalf of the board,

“Paul West-Sells”

Dr. Paul West-SellsPresident and CEO
Western Copper and Gold Corporation

For more information, please contact:

Chris Donaldson
Director, Corporate Development
604.638.2520 or cdonaldson@westerncopperandgold.com

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