Investment is finally flowing to junior resource space, said Western Copper and Gold CEO Paul West-Sells.
West-Sells sat down for a podcast on Satureday with mining reporters Neils Christensen, Michael McCrae and Paul Harris.
This week the junior financing tracker, Oreninc, said its index leaped to a three-year high.
Last month West-Sells' company, which is developing the Casino project in the Yukon, raised $C4.48 million in a non-brokered private placement.
"There's more money out there than companies needing to raise which is pretty rare in our industry," said West-Sells, who received renewed investor interest when Western Copper and Gold announced a significant resource increase earlier this month.
The rise in copper and gold prices is helping, too. On Monday copper hit a two-year high at $6,633 a tonne.