Selkirk Copper Mines (SKRKF) is advancing redevelopment of the Minto Copper Mine in Yukon toward a potential restart of production.
A recently completed Preliminary Economic Assessment (PEA), an early-stage evaluation of the mine's economics, projects a 13-year mine life, the longest projected in Minto's history. The company aims to become Yukon's next base metals producer through the redevelopment. The restart remains potential rather than a completed return to production.
Selkirk Copper Mines (SKRKF) reported additional Phase 2 drilling results at its Minto Project, led by Minto North. Hole 26SCM237 intersected 44.7 metres grading 2.12% copper, 1.16 g/t gold and 10.7 g/t silver, or 3.0% copper equivalent (CuEq), a combined-metal grade. The interval includes internal waste rock. Other Minto North holes returned 4.55% CuEq over 12.7 metres and 5.58% CuEq over 5.1 metres.
Area 118 expansion drilling returned 3.38% CuEq over 8.7 metres; Copper Keel returned 2.41% CuEq over 12.4 metres. One Copper Keel hole was abandoned above its target because of ground conditions. By October 14, drilling totaled 54,711 metres in 223 holes, exceeding the planned 50,000 metres. The company expects drilling to finish by October 20 and an updated mineral resource estimate in Q1 2027. Assays have been reported for 67 holes, with further results pending.
BTV – Business Television will feature Endurance Gold (ENDGF) and other resource companies in a program exploring mining development in British Columbia. The program airs on BNN Bloomberg on September 30 at 7:30 p.m. ET and October 3 at 8 p.m. ET.
Endurance announced an inferred gold resource of approximately 1.45 million ounces in early 2026. Kodiak Copper completed an initial resource estimate covering seven deposits and plans expanded drilling following a $15 million financing. Scottie Resources has a 50,000-metre drilling program underway. Selkirk Copper targets a Minto mine restart by mid-2028, while Golconda Gold is advancing a potential Summit restart. Galaxy produced approximately 10,000 ounces of gold in 2025. Other featured companies include Karus Mining, Clinch Resources and Globex Mining.
Selkirk Copper (SKRKF) reported a 15.11% copper-equivalent drill intercept at Minto North in its ongoing Phase 2 program. Hole 26SCM209 returned 9.27% copper, 7.43 g/t gold and 54.9 g/t silver over 5.4 metres at the southern edge of the 202 Lens. Other holes intersected mineralization at Area 118, Minto Main and Copper Keel. Two Minto Main holes had lower grades than expected, while some Copper Keel areas may not warrant inclusion in a mine plan.
By September 28, Phase 2 had drilled 52,485 metres in 224 holes, exceeding its 50,000-metre target. Selkirk expects drilling to continue until mid-October, with further assay results through fall and winter 2026. The company plans to use the drilling data in its upcoming feasibility study and is installing water-monitoring wells to inform amended permit applications. Regional exploration results remain pending.
Selkirk Copper (SKRKF) granted 2,242,500 stock options to directors, officers and employees, subject to TSX Venture Exchange approval. The options are exercisable at $1.34 per common share for ten years from the grant date. They vest in four equal installments: 25% on the grant date and 25% on each of the first, second and third anniversaries of that date.
Selkirk First Nation indirectly holds a controlling equity stake in Selkirk Copper. The company is conducting exploration drilling and working on a restart and redevelopment plan for the former Minto copper-gold-silver mine in Yukon.
Selkirk Copper (SKRKF) reported a positive Preliminary Economic Assessment for the Minto copper-gold-silver Project, outlining a 13‑year mine life at a 4,100 tpd mining and milling rate.
At Planning Prices of US$5.00/lb copper, US$3,600/oz gold and US$50/oz silver, the Project delivers after-tax NPV7% of C$494M, a 47.8% IRR and a 1.9‑year payback on initial capital of C$186M. Economics improve at higher metal prices, with NPV7% of C$1,023M (78.2% IRR) at Spot Prices and C$1,385M (96.3% IRR) at Upside Prices. Life-of-mine operating costs are estimated at C$1,764M, averaging C$95.77/t milled, and sustaining capital at C$409M.
Peak output is planned at 27,200 tpa copper‑equivalent contained in concentrate, or 48,700 tpa of high‑grade copper concentrate, with potential first concentrate production in H2 2028 and full ramp‑up by H1 2029, subject to feasibility work and permitting.
Selkirk Copper (SKRKF)/b) reports that its Minto copper-gold-silver mine restart project in Yukon has been selected for inclusion in the 2026 Canada Investment Summit Dealbook.The Dealbook highlights curated Canadian investment opportunities to leading domestic and global investors attending the inaugural Canada Investment Summit, hosted by Prime Minister Mark Carney with CPP Investments and PSP Investments. Selkirk Copper is targeting first production from the Minto Project in mid-2028 and is described as the first publicly traded Canadian mining company with a majority equity stake held by a First Nation, the Selkirk First Nation. Inclusion in the Dealbook is presented by the company as increasing investor visibility and supporting efforts to attract institutional capital for a potential restart of the former producing mine.
Selkirk Copper Mines (OTCQX: SKRKF) has filed an independent NI 43-101 technical report on SEDAR+ supporting the updated Mineral Resource Estimate for its 100%-owned Minto Project in Yukon, Canada, with an effective date of June 10, 2026.
The company reports no material differences between this report and the results released on July 30, 2026. The report, prepared by Moose Mountain Technical Services and Fuse Advisors (part of SLR) using the 2014 CIM Definition Standards and 2019 CIM Best Practices Guidelines, is available on SEDAR+ and the Selkirk Copper website. Technical content was reviewed and approved by qualified person Leif Bailey, P.Geo.
Selkirk Copper (OTCQX: SKRKF) reported additional Phase 2 drill results from the Minto Project in Yukon, highlighting high-grade copper-gold-silver mineralization at Minto North and Area 118 and progress toward a Q3 2026 Preliminary Economic Assessment (PEA) for a potential restart of the former Minto mine.
At Minto North, infill hole 26SCM190 intersected 6.01% Cu, 8.77 g/t Au and 36.6 g/t Ag (13.12% CuEq) over 1.93 m within 33.2 m at 1.49% CuEq, while step-out hole 26SCM205 returned 3.43% Cu, 0.36 g/t Au and 47 g/t Ag (3.87% CuEq) over 3.7 m within 13.3 m at 2.25% CuEq. At Area 118, step-out hole 26SCM188 intersected 3.39% Cu, 0.61 g/t Au and 16.5 g/t Ag (3.73% CuEq) over 6.0 m within 23.0 m at 1.66% CuEq, 125 m from historic underground development.
The 50,000 m Phase 2 program is 90% complete, with 45,299 m drilled in 187 holes as of August 18, 2026. According to Selkirk Copper, drilling supports resource expansion and model confidence across Minto North, Area 118, the 117 Lens and Copper Keel, and feeds into mine planning, processing, and cost estimates for the PEA.
Selkirk Copper (OTCQX: SKRKF) and the Municipality of Skagway have started a scoping study with KPFF Consulting Engineers to evaluate options for safely, environmentally responsible and sustainable shipment of critical mineral concentrates through the Port of Skagway. According to Selkirk Copper, this follows a Funding Agreement entered on July 17, 2026.
Selkirk Copper will fund up to US$200,000 for the study, which is expected to be completed by September 2026. Skagway selected KPFF in May 2026 after a competitive process focused on modern port design and operational systems. The work supports Selkirk Copper’s mine restart strategy and Skagway’s goal of diversifying its economy in an environmentally responsible way.