Global Stocks News - Sponsored content disseminated on behalf of Selkirk Copper Mines. On May 11, 2026 Selkirk Copper Mines announced the discovery of a new mineralized zone, the 117 Lens, beneath a previously mined open pit. In June 2025, Selkirk First Nation purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed Fiore Group to form Selkirk Copper Mines. SCMI is derisking the [...]
Highlights A new mineralized zone, the 117 Lens, has been discovered beneath a previously mined open pit. Initial results indicate broad zones of copper-gold-silver mineralization, including: 1.27% Cu, 0.89 g/t Au, and 5.91 g/t Ag over 12.6 m, within a broader interval of 0.41% Cu, 0.38 g/t Au, and 3.92 g/t Ag over 86.8 m, from 244.2 m in 26SCM126. Drilling at Minto East continues to intersect multiple lenses of [...]
Selkirk Copper Mines Inc. is pleased to announce that it has closed the previously announced "bought deal" private placement pursuant to which the Company issued: 23,914,000 common shares of the Company at a price of C$1.15 per Common Share for aggregate gross proceeds of C$27,501,100; and 4,412,000 common shares of the Company that will qualify as "flow through shares" within the meaning of subsection 66 of the Income [...]
Highlights Drilling at Minto North continues to deliver broad intervals of high-grade mineralization: 4.19% Cu, 2.50 g/t Au and 21.15 g/t Ag over 14.7 m, within a broader zone of 2.58% Cu, 1.50 g/t Au and 12.67 g/t Ag over 26.8 m from 177.9 m in drill hole 25SCM052. Drilling at Area 118 intersects high-grade Cu-Au-Ag mineralization at shallow depths. Subsequent drilling will prioritize follow-up in this area: 6.60% Cu [...]
Selkirk Copper Mines Inc. is pleased to announce that further to the Company's press releases of April 9, 2026 and April 10, 2026 announcing a C$30 million bought deal private placement financing led by Canaccord Genuity Corp. on behalf of a syndicate of underwriters, the Selkirk First Nation has advised that they intend to exercise a portion of their anti-dilution provision. The Selkirk First Nation intends to purchase [...]
Highlights Selkirk Copper has successfully completed its Phase 1 drill program, comprising 52,288 m of drilling in 175 holes. This represents one of the largest drilling programs completed in Yukon in the last ten years. The drill program, employing four diamond drills, was completed safely with zero medical aid or lost time injuries. The program was completed on-schedule with high productivity averaging 94 metres per day [...]
Selkirk Copper Mines Inc. is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and including Haywood Securities Inc., Raymond James Ltd. and Stifel Nicolaus Canada Inc. , to increase the size of its previously announced "bought deal" private placement to aggregate gross proceeds of $30,001,300. The Offering [...]
Selkirk Copper Mines Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 13,044,000 common shares of the Company at a price of C$1.15 per Common Share for aggregate gross proceeds of C$15,000,600; and 2,942,000 common shares of the [...]
On March 25, 2026 Selkirk Copper Mines announced new assay results from the ongoing 50,000-meter drill program at the Minto Mine in Yukon, Canada. Four diamond drill rigs are active at the Minto mine. In June 2025, Selkirk First Nation purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed Fiore Group to form Selkirk Copper Mines. In 2007, a gold and silver stream was sold to [...]
Highlights Drilling at Minto North continues to delineate high-grade mineralization, which remains open to the north and south: 2.26% Cu, 2.23 g/t Au and 10.39 g/t Ag over 8.1 m, within a broader zone of 1.33% Cu, 0.97 g/t Au and 5.48 g/t Ag over 29.7 m from 197 m in drill hole 25SCM080. Drilling at Minto East intersected multiple stacked mineralized lenses in a 90 m step-out from previous drilling, and remains open for [...]
Selkirk Copper Mines announced new assay results from the on-going 50,000 m drill program at the Minto Mine. In June 2025, Selkirk First Nation purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed Fiore Group to form Selkirk Copper Mines. SCMI is derisking the Minto Mine through exploration, resource expansion, engineering and mine-planning, with the goal of establishing a 12-15 [...]
Highlights Drilling Results Initial drilling at Minto East validates the previous resource model and better delineates a zone of high-grade mineralization within the zone: 3.37% Cu, 1.88 g/t Au, and 14.96 g/t Ag over 6.5 m, within a broader zone of 2.50% Cu, 1.16 g/t Au and 9.90 g/t Ag over 15.2 m from 101.3 m in drill hole 25SCM042. Drilling at Minto North west continues to delineate high-grade mineralization, which [...]