Selkirk Copper Extends High-Grade Zones in Minto Mine Restart Push

Venerable Ventures ( (TSE:SCMI) ) just unveiled an announcement.

Selkirk Copper reported new drill results from its 50,000 metre Phase 1 program at the Minto mine, showing expanded high-grade mineralization at the Minto North and Minto East zones and confirming multiple stacked lenses that remain open for further growth. Shallow mineralization at the Ridgetop and Area 118 zones continues to extend beyond current open-pit outlines, supporting potential expansion of near-surface resources as the company refines underground and open-pit development plans and advances a Preliminary Economic Assessment targeted for mid-2026.

Four drill rigs have now completed 97% of the Phase 1 program, with results from roughly half of the drilling released to date and additional assays to come in the first half of 2026. The updated drilling and on-site operational work are sharpening Selkirk Copper’s restart plans for Minto, with implications for increased mine life, optionality between underground and open-pit mining, and enhanced project economics for stakeholders if the resource growth is confirmed.

More about Venerable Ventures

Selkirk Copper Mines Inc. is a Canadian mining company focused on the Minto copper-gold-silver mine in Yukon, where it is advancing a restart strategy. The company is targeting both underground and open-pit resource expansion, positioning itself as a copper-focused producer with meaningful gold and silver by-products in the North American base metals sector.

Average Trading Volume: 715,521

Technical Sentiment Signal: Buy

Current Market Cap: C$101.1M

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