Selkirk Copper targets mid-2028 restart following strong drill results
2026-07-06 10:59:56 [Print]
Selkirk Copper targets mid-2028 restart following strong drill results
Selkirk Copper Mines, a restart-stage developer of copper-gold-silver assets, is advancing toward production of high-quality copper concentrate by mid-2028. The project benefits from existing camp infrastructure, a fully equipped mill, and extensive historical operating data.
An updated Preliminary Economic Assessment (PEA) and Mineral Resource Estimate (MRE) are scheduled for release in July 2026. These studies will underpin a targeted mine life of 12 to 15 years, supported by an integrated open-pit and underground mining approach, with production split roughly evenly between the two methods.
On the operational front, the company's current planning assumes a processing rate of 4,100 tonnes per day-equivalent to approximately 1.5 million tonnes annually-yielding around 30,000 tonnes of copper-equivalent metal in concentrate per year. On average, this is expected to translate to 18,000–22,000 tonnes of copper, 25,000 ounces of gold, and 250,000 ounces of silver annually.
Selkirk Copper Mines, a restart-stage developer of copper-gold-silver assets, is advancing toward production of high-quality copper concentrate by mid-2028. The project benefits from existing camp infrastructure, a fully equipped mill, and extensive historical operating data.
An updated Preliminary Economic Assessment (PEA) and Mineral Resource Estimate (MRE) are scheduled for release in July 2026. These studies will underpin a targeted mine life of 12 to 15 years, supported by an integrated open-pit and underground mining approach, with production split roughly evenly between the two methods.
On the operational front, the company's current planning assumes a processing rate of 4,100 tonnes per day-equivalent to approximately 1.5 million tonnes annually-yielding around 30,000 tonnes of copper-equivalent metal in concentrate per year. On average, this is expected to translate to 18,000–22,000 tonnes of copper, 25,000 ounces of gold, and 250,000 ounces of silver annually.
Copper Cathode 99.99%min Delivered China
Unit:RMB/mt
China refined copper producers' inventory statistics by province by month
Unit: mt
