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Western Copper and Gold News Release

April 14, 2014

VANCOUVER, BC: Western Copper and Gold Corporation (“Western” or the “Company”) (TSX:WRN; NYSE MKT:WRN) responds to the petition filed by Little Salmon Carmacks First Nation (“LSCFN”) in the Supreme Court of Yukon on April 10, 2014 naming the Yukon Environmental and Socio-Economic Assessment Board (“YESAB”), and Western’s wholly-owned subsidiary, Casino Mining Corp. (“CMC”, or “Casino Mining”) as respondents.

LSCFN is challenging the authority of YESAB which determined that Casino Mining met their duty to consult as outlined in s. 50(3) of the Yukon Environmental and Socio-economic Assessment Act.  Note that the LSCFN has the opportunity for additional consultation during the additional phases of the YESAB review.  The part of the project that is located on LSCFN lands is a portion of the proposed access road some 200 kilometers from the proposed mine site.

Casino Mining believes it met and exceeded the level of consultation required for submission of its application to YESAB.  We believe LSCFN chances of success with this petition are very limited.  We do not expect this petition to have any significant effect on the timing of the assessment of the Casino Mining Project.  Casino Mining has spent $18 million over 5 years preparing the application for YESAB and is fully confident that this project will go ahead as planned.

ABOUT WESTERN COPPER AND GOLD CORPORATION

Western Copper and Gold Corporation is a Vancouver-based exploration and development company with significant copper, gold and molybdenum resources and reserves.  The Company has 100% ownership of the Casino Project located in the Yukon Territory. The Casino Project is one of the world’s largest open-pit gold, copper, silver and molybdenum deposits. For more information, visit www.westerncopperandgold.com.

On behalf of the board,

“Dale Corman”

F. Dale Corman

Chairman & CEO

For more information please contact Paul West-Sells, President & COO or Investor Relations’ Chris Donaldson or Julie Kim Pelly, at 604.684.9497 or email info@westerncopperandgold.com.

NT5

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