Mr. Sandeep Singh reports

WESTERN COPPER AND GOLD PROVIDES UPDATE ON ESE SUBMISSION

Western Copper and Gold Corp. has provided an update on its environmental and socioeconomic effects statement (ESE statement) submission for the Casino project.

The ESE statement incorporates extensive technical work, including environmental and socioeconomic baselines studies and assessments. Western is pleased with the progress to date and the level of consultation achieved thus far with first nations and communities. The feedback from this engagement is making the project stronger, and we look forward to continuing and intensifying these efforts during the assessment process. The company expects to deliver its ESE statement to the Yukon Environmental and Socio-Economic Assessment Board (YESAB) before the end of October.

"The Western team and our external consultants have been working diligently on the project ESE statement," said Sandeep Singh, president and chief executive officer. "There is an incredible amount of work that has already gone into the project. We are now in the final stages of compiling and refining this body of work into our submission.

"The company is the first to undertake a panel review in the Yukon, the highest level of rigor of any project assessed in the territory. We welcome that oversight and believe, more than ever, that the project can be advanced sustainably and for the benefit of all Yukoners.

"As one of Canada's largest and most advanced critical minerals projects, we are uniquely positioned to benefit from Yukon and federal priorities around resource security, Arctic sovereignty and nation-strengthening infrastructure."

About Western Copper and Gold Corp.

Western Copper and Gold 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.

The company is committed to working collaboratively with the company's first nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.

We seek Safe Harbor.