Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Selkirk Copper Intersects High-Grade Copper-Gold-Silver at the Minto East Zone, and Continues to Expand the Minto North West Zone

By The Northwire Desk — AI Analysis Feb 19, 2026 · 07:01 SCMI · 0.76 Selkirk Copper Mines Inc.
SCMI · Price

Executive Summary

  • Selkirk Copper announced significant high‑grade intercepts from its Phase 1 50,000 m drill program at the Minto Mine (Minto East, Minto North West, and Ridgetop zones).
  • Intercepts include up to 3.52 % Cu, 3.51 g/t Au, 17.04 g/t Ag over 16.7 m (hole 25SCM043) and 3.37 % Cu, 1.88 g/t Au, 14.96 g/t Ag over 6.5 m (hole 25SCM042).
  • The program is 78 % complete (39,315 m in 144 holes) and remains on schedule for a mid‑March finish, supporting the company’s 12–15 year mine life restart plan and a Preliminary Economic Assessment targeted for mid‑2026.

Key Details

  • Drilling Progress – 4 diamond rigs operating; 39,315 m drilled to date (78 % of Phase 1 target). Expected completion by mid‑March 2026.
  • Minto East Results – Hole 25SCM042: 3.37 % Cu, 1.88 g/t Au, 14.96 g/t Ag over 6.5 m; broader zone 2.50 % Cu, 1.16 g/t Au, 9.90 g/t Ag over 15.2 m (CuEq 3.45 %).
  • Minto North West Results – Hole 25SCM043: 3.52 % Cu, 3.51 g/t Au, 17.04 g/t Ag over 16.7 m; broader zone 2.09 % Cu, 1.84 g/t Au, 9.48 g/t Ag over 32.9 m (CuEq 2.92 %).
  • Ridgetop Results – Multiple near‑surface intercepts above the 2025 MRE cut‑off (0.30 % CuEq). Example: Hole 25SCM045 – 0.83 % CuEq over 5.6 m at 35 m depth; Hole 25SCM031 – 1.82 % CuEq over 9.7 m at moderate depth.
  • Drill‑hole Summary (selected)
Zone Holes Completed Metres Drilled
Minto North 36 11,130
Ridgetop 65 13,439
Minto East 19 7,933
Copper Keel 7 1,990
118 13 3,740
Minto Main 7 3,083
Total 147 41,315
  • Assay Methodology & QA/QC – NQ‑core; half‑core sent to ALS labs (Whitehorse → Vancouver). Certified reference materials, blanks and duplicates inserted (~15 % of samples). No significant analytical bias observed.
  • Resource Context – Current Minto Mineral Resource (effective 2025‑04‑07) totals 12.6 Mt indicated + 23.7 Mt inferred; average grades 1.20 % Cu, 0.46 g/t Au, 4.3 g/t Ag. New drill results aim to expand and upgrade these resources.
  • Forward‑Looking Statements – Company expects the Phase 1 program to finish by mid‑March, with additional assay results over the next two months feeding into trade‑off studies and a PEA slated for mid‑2026.

Notable Quotes

“These latest results… continue to grow our confidence that the Minto property… has sufficient good grade and continuity to support our target 12‑15 year mine life and restart plan.” – M. Colin Joudrie, President & CEO

All non‑material boilerplate, forward‑looking disclaimer text, and “About” sections have been omitted.

Read the original news release →

More from Selkirk Copper Mines Inc.

Nov 05, 2026 · 17:10

Selkirk confirms prior PEA economics and restart plan remain unchanged following the filing of its technical report.

Technical Study Oct 21, 2026 · 08:32

Selkirk released a paid recap of previously published assay results, providing no new geological data or updated resource estimates for its projects.

Technical Study Oct 15, 2026 · 07:01

Selkirk’s infill drilling at the Selkirk deposit returned a best grade-width hole of 12.4 g/t over 1.5 metres within the known resource.

Drill Results Sep 29, 2026 · 07:01

Selkirk’s infill drilling at the Selkirk deposit revealed a high-grade 99th-percentile hole, confirming robust mineralisation without changing total tonnes.

Drill Results Sep 22, 2026 · 07:01

Selkirk’s preliminary economic assessment delivers a C$494 million net present value at planning prices for its project.

Resource Estimate Sep 14, 2026 · 23:36

Selkirk’s NI 43-101 filing confirms the July MRE with no material changes to the Minto resource.

Resource Estimate