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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
M&A / Property

Venerable Ventures resumes trading

By The Northwire Desk — AI Analysis Nov 04, 2025 · 18:40 SCMI · 0.59 Selkirk Copper Mines Inc.
SCMI · Price

Executive Summary

  • Selkirk Copper Mines Inc. (formerly Venerable Ventures Ltd.) resumed trading on the TSX Venture Exchange under ticker SCMI following completion of its reverse‑takeover acquisition of 100 % of the former Minto copper‑gold‑silver mine from Selkirk First Nation affiliates.
  • The company is advancing a restart plan for the Minto project, targeting a 50,000‑metre drill program, trade‑off studies, feasibility work, updated mine plans and permitting with an anticipated restart decision in early 2027.
  • Venerable Ventures will retain its legal name until a pending corporate name change to Selkirk Copper Mines is completed.

Key Details

  • Trading Resumption: Common shares began trading on the TSX Venture Exchange at market open under ticker SCMI.
  • Reverse Takeover Completion: Acquisition of 100 % interest in the former Minto copper‑gold‑silver mine from Selkirk First Nation affiliates; details previously disclosed in an Oct. 29, 2025 news release and SEDAR filing.
  • Corporate Identity: Legal name remains Venerable Ventures Ltd. until the pending name change to Selkirk Copper Mines is finalized.
  • Restart Plan Priorities:
  • Execution of a 50,000‑metre exploration drill program on the Minto property.
  • Conducting trade‑off studies and feasibility study work to evaluate restart options.
  • Updating mine plans and securing necessary permits.
  • Targeting a restart decision in early 2027.
  • Ownership Structure: Controlling equity held by Selkirk First Nation, which also indirectly holds a controlling stake in the operating entity.
  • Asset Overview: Controls 26,850 ha of mineral claims within the Minto‑Carmacks copper belt, includes an existing 4,100‑t/d processing plant, 400‑person camp, water treatment facilities, and extensive surface/underground infrastructure.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Selkirk Copper Mines Inc.

Jul 30, 2026 · 07:01

Selkirk’s Minto mine-in-place resource jumps 182% in copper following Phase 1 results, with a preliminary economic assessment likely next.

Resource Estimate Jul 08, 2026 · 07:01

Selkirk infill drilling confirms high-grade continuity at the project, with PEA and resource updates serving as the primary catalysts.

Drill Results Jun 10, 2026 · 08:30

Selkirk Copper concludes Phase 1 drilling with high-grade hits ahead of the upcoming preliminary economic assessment for its project.

Drill Results Jun 04, 2026 · 06:05

Selkirk confirms high-grade continuity in its Phase 1 drill finale, while Phase 2 execution and the PEA timeline will test valuation.

Drill Results Jun 03, 2026 · 07:01

Selkirk’s Minto Project drilled high-grade intercepts, supporting mid-2027 restart ambitions and a phase two expansion.

Drill Results May 25, 2026 · 07:00

Selkirk Copper Closes First Nation Investment as Minto Restart Drilling Advances

Financings