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Venerable Ventures ( (TSE:SCMI) ) has provided an update.
Selkirk Copper reported new high-grade copper-gold-silver drill results from the Minto North West and Ridgetop zones at its Minto Mine, with step-out holes extending mineralization beyond the current resource model and confirming grade continuity and width in under-drilled parts of the open pit resource. The company has completed just over 32,000 metres of its planned 50,000-metre 2026 drill campaign and will ramp back up to four rigs later in January to focus on resource expansion, engineering trade-off study support, and testing newly identified geophysical targets, while also strengthening its technical leadership by appointing Leif Bailey as Director of Exploration & Geoscience and showcasing core from the program at the AME Roundup conference.
More about Venerable Ventures
Selkirk Copper Mines Inc. is a Canadian mineral exploration company focused on advancing the Minto copper-gold-silver project in Yukon. The company is conducting an extensive 50,000-metre drill program across key zones including Minto North, Ridgetop, Minto East and Copper Keel, targeting expansion of existing resources, resource conversion, and the identification of new brownfield and greenfield prospects within its wider district-scale claim package.
Average Trading Volume: 365,033
Technical Sentiment Signal: Buy
Current Market Cap: C$66.93M
For detailed information about SCMI stock, go to TipRanks’ Stock Analysis page.