Selkirk Copper Announces Initial Drill Results - Successfully Expands Minto North West Zone with a High-grade Intercept of 5.21% Cu, 0.47 g/t Au, 26.68 G/t Ag over 8.7 m Within a Broader Zone of 2.39% Cu, 0.32 g/t Au and 11.61 g/t Ag over 23.4 m in Drill
Executive Summary
- Selkond Copper released initial assay results from the first four holes of its 50,000 m drill program at the Minto North West zone, highlighting high‑grade copper–gold–silver intercepts (up to 5.21% Cu, 2.56 g/t Au, 26.68 g/t Ag).
- The results expand the known mineralized footprint of the zone by >90%, now extending over ~208 m strike length versus the previously modelled 105 m.
- Approximately 26,000 m of drilling (98 holes) have been completed to date; the program remains on schedule to finish 33–34 km by Dec 20 and resume in Jan 2026.
Key Details
- Hole 25SCM001: 2.39% Cu, 0.32 g/t Au, 11.61 g/t Ag over 23.4 m (incl. 5.21% Cu, 0.47 g/t Au, 26.68 g/t Ag over 8.7 m).
- Hole 25SCM002: 1.53% Cu, 0.93 g/t Au, 6.76 g/t Ag over 31.6 m (incl. 3.73% Cu, 2.56 g/t Au, 17.90 g/t Ag over 9.5 m).
- Hole 25SCM003: 0.50% Cu, 0.18 g/t Au, 2.05 g/t Ag over 42.6 m.
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Hole 25SCM005: 0.41% Cu, 0.13 g/t Au, 1.69 g/t Ag over 43.2 m.
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Total drilling to date: ~26,000 m across 98 holes; 7,632 m (24 holes) in Minto North zone.
- Program schedule: 33–34 km planned by Dec 20; restart mid‑January for remaining ~16 km.
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LiDAR survey completed over an 80 × 30 km block of the Minto‑Carmacks Copper Belt to support regional structural modelling for 2026 exploration.
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QA/QC: 15% insertion rate, samples processed by ALS (ISO/IEC 17025 accredited); no significant analytical bias observed.
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Mineral Resource Update (effective 7 Apr 2025):
- Indicated Open‑Pit: 6,085 kt @ 0.897% Cu, 0.274 g/t Au, 2.9 g/t Ag; NSR $89.1 M.
- Inferred Open‑Pit: 9,496 kt @ 0.702% Cu, 0.162 g/t Au, 2.4 g/t Ag; NSR $73.7 M.
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Indicated Underground: 6,504 kt @ 1.489% Cu, 0.636 g/t Au, 5.6 g/t Ag; NSR $183.9 M.
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Quotes:
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“Results from the first four drill holes… have met, and in several areas exceeded, our expectations… expanding the footprint of the mineralized Minto North West zone by over 90%.” – M. Colin Joudrie, President & CEO.
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Additional Activities: Marketing services agreement with Capital Analytica ($150 k) and market‑making arrangement with ICP Securities (C$7,500/mo).
Notable Quotes
“It’s exciting to see this initial drilling intersecting high‑grade mineralization and expanding the footprint of the mineralized Minto North West zone by over 90%.” – M. Colin Joudrie, President & CEO
Materiality: Material – Positive (significant new high‑grade intercepts that materially expand known resources and support ongoing trade‑off studies).