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Venerable Ventures ( (TSE:SCMI) ) just unveiled an announcement.
Selkirk Copper has awarded Trade-Off Study and Engineering Work Packages to Hatch Ltd. and SRK Consulting to advance the potential restart of the Minto mine by early 2027. This collaboration aims to develop a cost-efficient and sustainable plan for the mine’s operations, with a focus on innovative solutions and community benefits, involving stakeholders such as the Selkirk First Nation.
More about Venerable Ventures
Selkirk Copper, a newly formed and well-financed company, is primarily focused on the exploration and redevelopment of the former Minto copper-gold-silver mine. The company, which holds a controlling interest by the Selkirk First Nation, is committed to environmentally sustainable mining practices and operates within the Minto-Carmacks copper belt. It controls significant mineral claims and infrastructure, including a processing plant and water treatment facilities, located on or adjacent to Selkirk First Nation lands.
Average Trading Volume: 121,021
Technical Sentiment Signal: Buy
Current Market Cap: C$52.04M
Find detailed analytics on SCMI stock on TipRanks’ Stock Analysis page.