[Video Enhanced] Selkirk Copper Advances Copper Gold Silver Mine Restart in the Yukon

The May 14, 2026 video-enhanced release recaps the discovery of the new “117 Lens” beneath a previously mined open pit at the Minto Mine, reports high-grade intercepts (including 3.13% CuEq over 9.1 m in hole 26SCM128), and highlights the successful extinguishment of the historical gold/silver stream. It also notes the closing of the C$35 million bought-deal financing and the launch of a Phase 2, 50,000‑metre drill campaign. All of these events were previously announced on May 11 (drill results/Phase 2) and April 30 (financing close).

The most recent release contains no genuinely new, market-moving information. The discovery of the 117 Lens, the expansion drilling, and the removal of the precious metals stream were disclosed in earlier communications. The stream removal has been known since the 2025 acquisition extinguished it. The news merely consolidates recent positive developments. As such, it represents expected follow‑up, not a fresh catalyst. The information is positive but routine, with no surprise to alter the thesis.

Selkirk Copper Mines (TSX‑V:SCMI, OTCQB:SKRKF) is a single‑asset developer focused on the restart of the past‑producing Minto copper‑gold‑silver mine in central Yukon. The project was acquired via reverse takeover in October 2025 from Selkirk First Nation affiliates. Key assets include a 4,100 tpd mill, extensive underground and open‑pit workings, power line, camp, and water treatment — infrastructure valued at over C$300 million. Current resources stand at 12.6 Mt indicated (1.20% Cu, 0.46 g/t Au, 4.27 g/t Ag) and 23.7 Mt inferred (1.05% Cu, 0.39 g/t Au, 3.90 g/t Ag). The heritage gold/silver stream was extinguished through the bankruptcy process, leaving the project royalty‑free. The company targets a PEA by mid‑2026 and a potential restart decision in mid‑2027.