Mining Explorers 2009: Western Copper Corp.

WRN: TSX

Co-chairman, President and CEO:

F. Dale Corman

Executive Vice President, Corporate Development: Paul West-Sells

Vice President, Engineering: Jonathan Clegg

Western Copper, incorporated in 2006 in British Columbia, has a pipeline of projects, a strong cash position, no debt and an experienced management team. Its key assets include two copper properties in central Yukon Territory – the billion-metric-ton Casino Project and the permitted-for-construction Carmacks Copper Project. Western Copper also holds significant gold, copper and molybdenum resources and reserves in two other Canadian properties – the Hushamu property in British Columbia and the Redstone property in the Northwest Territories. The Casino property contains 8 million ounces of gold, 4.4 billion pounds of copper and 475 million pounds of copper in reserves. The Carmacks Project, which will produce 32 million pounds per year cathode copper, is scheduled to begin construction in early 2010. In September, Western Copper reported that a Quantec Titan 24 deep penetration geophysical survey of the Casino Project conducted in July identified several zones of potential mineralization outside the historical mineralization limits. The junior also had completed about 6,000 meters of drilling in 21 holes in 2009 exploration and intended to include assay results of the work in an updated resource calculation. Complete assays have been received for one hole, CAS-014, drilled on the edge of one of the potential mineralized zones 500 meters outside of the historical mineralization, and it indicates the existence of copper, gold and molybdenum mineralization, but at below-ore grades.

Vancouver, B.C.-based Western Copper had planned a 10,000-meter drilling program to convert 200 million metric tons of inferred material to the measured and indicated category. The junior modified its plan to include drilling of targets identified by the Quantec Survey. A positive pre-feasibility study for Casino was completed in June 2008 projecting a 30-year mine life with a 20.4 percent pre-tax internal rate of return, C$1.8 billion net present value (8 percent) and a 3.8-year payback period.

Cash and short-term deposits: C$10.9 million (at June 30, 2009), plus C$4 million raised in July

Working capital: C$10.2 million

Market capitalization: C$151.33 million

2050 - 1111 West Georgia St.

Vancouver, British Columbia Canada, V6E 4M3

Tel: 604-684-9497 • Fax: 604-669-2926

www.westerncoppercorp.com