The investment was announced last week by Paul West-Sells, president and CEO of Western Copper and Gold.
“We are pleased to welcome Rio Tinto as a strategic investor in the company,” West-Sells said in a press release.
“The investment by Rio Tinto, a leading global mining group which operates in 35 countries around the world, and whose purpose is to
produce the materials essential to human progress is a strong endorsement of the Casino Project. We look forward to working with Rio Tinto to advance Casino.”
In an interview with the Star last week, the company president said the investment is not your typical investment.