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Title: Selkirk Copper Advances Copper Gold Silver Mine Restart in the Yukon
Canada, 14th May 2026 – Global Stocks News - Sponsored content disseminated on behalf of Selkirk Copper Mines. On May 11, 2026 Selkirk Copper Mines (TSXV: SCMI) (FSE: IO20) (OTCQB: SKRKF) announced the discovery of a new mineralized zone, the 117 Lens, beneath a previously mined open pit.In June 2025, Selkirk First Nation (SFN) 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-year mine life prior to production restart.The initial May 11, 2026 results from the 117 Lens indicate broad zones of copper-gold-silver mineralization, including 1.27% Cu, 0.89 g/t Au, and 5.91 g/t Ag (1.98% CuEq) over 12.6 m, within a broader interval of 0.41% Cu, 0.38 g/t Au, and 3.92 g/t Ag (0.58% CuEq) over 86.8 meters, from 244.2 m in 26SCM126.“Copper is trading at an all-time high of US$6.44/lb and could go a lot higher as the effects of a supply squeeze and the Iran war are supercharged by stockpiling and mine closures,” reports Forbes on May 11, 2026.With gold trading at about US$4,650 per ounce, the .89 g/t gold reported from the 117 Lens may positively impact Selkirk Copper’s future bottom line. Additional drilling is planned to develop a better understanding of this mineralized zone.The green energy transformation creates copper demand. Money printing, government debt and the de-dollarization of the global economy creates gold demand.“The 0.40 g/t gap between the average grade of currently producing gold mines and the global undeveloped deposit pipeline is one of the most consequential structural trends in the gold mining sector,” reports Disco...
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