High-Grade Drill Intercepts at Minto North West Zone and Ridgetop Zone Confirm the Potential of the Minto Copper-Gold-Silver System
Stellus Capital Investment Stellus Capital Investment (US:SCM) TMX Newsfile·2025-12-22 21:30

Core Insights - Selkirk Copper Mines Inc. has successfully completed 32,026 meters of its planned 50,000-meter drill program, achieving 64% completion, with drilling expected to resume in mid-January 2026 [3][7][11] - The company reported significant assay results from the Minto North west zone and Ridgetop zone, confirming high-grade mineralization and the expansion of the mineralized footprint [7][11][17] - The ongoing Trade-Off Study and metallurgical testing program are progressing well, with initial results indicating potential improvements in copper recovery from partially oxidized material [2][25][28] Drilling Program Update - The drill program has paused for the holiday break after completing 32,026 meters across 121 drill holes, with results from nine drill holes recently received [3][4] - The Minto North west zone has shown high-grade intercepts, including 4.96% Cu, 0.85 g/t Au, and 18.67 g/t Ag over 9.9 meters in drill hole 25SCM009, extending the mineralized zone by 150 meters [7][11] - The Ridgetop zone drilling has confirmed continuity of copper-rich mineralization, with significant intercepts including 1.46% Cu over 14.7 meters in drill hole 25SCM006 [7][17] Trade-Off Study and Metallurgical Testing - The Trade-Off Study is advancing on schedule, with input from Selkirk First Nation's consultants, focusing on mine design, processing, and waste management [2][25] - Initial metallurgical test results suggest that coarsening the primary grind size could maintain high copper recovery while reducing power consumption [28][29] - The company aims to link geological understanding of mineralized zones directly to their metallurgical behavior to improve recovery rates at lower costs [29] Annual General and Special Meeting - Selkirk Copper held its Annual General and Special Meeting on December 17, 2025, where shareholders approved all matters of business, including the election of directors and the appointment of Deloitte LLP as auditor [35][36] - A total of 65,827,507 common shares were represented at the meeting, accounting for approximately 52.09% of the total issued and outstanding shares [37]

Stellus Capital Investment -High-Grade Drill Intercepts at Minto North West Zone and Ridgetop Zone Confirm the Potential of the Minto Copper-Gold-Silver System - Reportify