VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 16, 2011) – Western Copper Corporation (“Western Copper” or the “Company”) (TSX:WRN)(NYSE Amex:WRN) is pleased to announce it has filed a technical report as required under National Instrument 43-101 that summarizes the pre-feasibility study prepared by M3 Engineering on the Casino gold-copper-molybdenum deposit located in Yukon, Canada. This report details the results of the pre-feasibility study first reported by the Company in a news release dated April 7, 2011.
ABOUT WESTERN COPPER CORPORATION
Western Copper is a Vancouver based exploration and development company with significant copper, gold and molybdenum resources and reserves. The Company has 100% ownership of four Canadian properties. The two most advanced projects are the Casino Project and the Carmacks Copper Project both located in the Yukon. The Casino Project is one of the world’s largest open-pittable gold, copper, silver and molybdenum deposits. For more information, visit www.westerncoppercorp.com.
On behalf of the board,
F. Dale Corman, Chairman & CEO
Cautionary Disclaimer Regarding Forward-Looking Statements and Information
Certain of the statements and information in this press release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements and information generally express predictions, expectations, beliefs, plans, projections, or assumptions of future events or performance and do not constitute historical fact. Forward-looking statements and information tend to include words such as “may”, “expects”, “anticipates”, “believes”, “targets”, “forecasts”, “schedules”, “goals”, “budgets”, or similar terminology. Forward-looking statements and information include, but are not limited to, statements with respect to the future price of metals; the estimation of mineral reserves and resources; the timing and amount of any estimated future production, costs of production, and capital expenditures; success of exploration activities; and permitting time lines, currency fluctuations, requirements for additional capital, government regulation of mineral exploration or mining operations, environmental risks, and unanticipated reclamation expenses. Forward-looking statements and information are inherently subject to significant business, economic, and competitive uncertainties and contingencies and are subject to important risk factors and uncertainties, both known and unknown, that are beyond Western Copper’s ability to control or predict. Actual results and future events could differ materially from those anticipated in forward-looking statements and information. Examples of potential risks are set forth in Western Copper’s annual report most recently filed with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators as of the date of this press release. Accordingly, readers should not place undue reliance on forward-looking statements or information.
Western Copper Corporation
President & COO