Western Copper & Gold Corp 6-K, filed Dec 16, 2021

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of December 2021

Commission File Number: 001-35075

WESTERN COPPER AND GOLD CORPORATION

(Translation of registrant's name into English)

Suite 1200 – 1166 Alberni Street, Vancouver, BC V6E 3Z3

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

☐ Form 20-F   ☒  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

SUBMITTED HEREWITH

Exhibits

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Exhibit 99.1

WESTERN COPPER AND GOLD UPDATES SCHEDULE OF ENVIRONMENTAL AND SOCIO-ECONOMIC EFFECTS STATEMENT SUBMISSION PROCESS FOR CASINO

VANCOUVER, BC, Dec. 16, 2021 /CNW/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: CWRN) (NYSE American: WRN), through its wholly owned subsidiary Casino Mining Corp. ("Casino"), is pleased to announce it has submitted to the Yukon Environmental and Socio-economic Assessment Board ("YESAB") Executive Committee an updated schedule for submission of an Environmental and Socio-economic Effects Statement ("ESE Statement") on its Casino project ("Project").

In the schedule, Casino indicates it expects to submit the ESE Statement in the second quarter of 2023. The ESE Statement submission is an important next step in the Panel Review process. Since 2016, when the Casino project was referred to Panel Review by the YESAB's Executive Committee, Casino has continued to advance the Project by engaging with potentially affected First Nations, completing a variety of Traditional Knowledge and environmental studies, conducting a number of drill campaigns, and finalizing a Preliminary Economic Assessment ("PEA") on the Project. The PEA includes important refinements to many Project components, including the tailings and waste management infrastructure, which incorporated improvements identified by the Best Available Tailings Technology Study ("BATT Study") completed in 2018 with participation by First Nations, YESAB and the Yukon Government as well as guidance from Casino's Independent Engineering Review Panel.

Dr. Paul West-Sells, Western's CEO, stated, "Development of the ESE Statement is an important and exciting step in the advancement of the Casino Project. Over the next 18 months, our team will be expanding our engagement and consultation efforts with First Nations, regulatory agencies, and stakeholders, and developing the ESE Statement in a way that reflects Yukoners' values."

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.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com.

On behalf of the board,

*"Paul West-Sells"*Dr. Paul West-Sells

President and CEO

Western Copper and Gold Corporation

Cautionary Disclaimer Regarding Forward-LookingStatements and Information

This news release contains certain forward-lookingstatements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are"forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and"forward looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the CanadianSecurities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always,identified by words such as "expects", "anticipates", "believes", "intends", "estimates","potential", "possible" and similar expressions, or statements that events, conditions or results "will","may", "could" or "should" occur or be achieved. These forward-looking statements may include, but are notlimited to, statements regarding perceived merit of properties; mineral reserve and resource estimates; capital expenditures; feasibilitystudy results (including projected economic returns, operating costs, and capital costs in connection with the Casino Project); explorationresults at the Company's property; budgets; permitting or other timelines; economic benefits from the mine and/or the access road; strategicplans; market price of precious and base metals; or other statements that are not statement of fact. In making the forward-looking statementsherein, the Company has applied certain material assumptions including, but not limited to, the assumptions that the circumstances surroundingthe COVID-19 pandemic, although evolving, will stabilize or at least not worsen; that the extent to which COVID-19 may impact the Company,including without limitation disruptions to the mobility of Company personnel, increased labour and transportation costs, and other relatedimpacts, will not change in a materially adverse manner; that all regulatory approvals required to complete the Company's planned explorationand development activities will be received in a timely manner and on acceptable terms; that the Company is able to procure personnel,equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis; and thatgeneral business conditions will not change in a materially adverse manner.

Forward-looking statements are statements aboutthe future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materiallyfrom any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks,uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper andother commodity prices and currency exchange rates; COVID-19 risks to employee health and safety and a slowdown or temporary suspensionof operations in geographic locations impacted by an outbreak; uncertainties related to raising sufficient financing in a timely mannerand on acceptable terms; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released byWestern and filed with the applicable regulatory agencies.

Western's forward-looking statements are basedon the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expresslydisclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, futureevents or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors shouldnot place undue reliance on forward-looking statements.

SOURCE Western Copper and Gold Corporation

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%CIK: 0001364125

For further information: Sandy Noyes, Director, Investor Relations, 604.638.2520, snoyes@westerncopperandgold.com

CO: Western Copper and Gold Corporation

CNW 08:06e 16-DEC-21