www.selwynresources.com
Selwyn with its 50% joint venture partner, Yunnan Chihong Zinc & Germanium Co. Ltd., is advancing the Selwyn Project in Yukon and Northwest territories to bankable feasibility and development. Chihong is funding the next $100M of exploration and development activities. Chihong is a fully integrated mining and smelting company based in southern China. Together the partners will seek project financing from Chinese banks.
Selwyn Project hosts perhaps the largest undeveloped zinc-lead deposit in the World. Initial mine development will focus on 16.06M tonnes of high grade Indicated mineral resources grading 10.06 % zinc and 4.23% lead and 26.70M tonnes grading 8.81% zinc and 2.81% lead. Initial mine production is forecast at 255,000 tpa of zinc and 65,000 tpa of lead in concentrate; commencing as early as late 2013, coinciding with forecast shortfalls in mine supply.
Selwyn completes mobilization of equipment at XY deposit; work to begin in summer
Selwyn Resources (CVE:SWN) said Monday that it has completed the mobilization of mining equipment and supplies at its Selwyn zinc-lead project in the Yukon.
The equipment was purchased to undertake an advanced exploration program on the XY Central deposit, with underground development work expected to begin in the middle of the summer.
The known deposits at the Selwyn project have the potential for large scale production, which the company hopes will provide a secure supply of zinc and lead to meet future needs in Asia.
Drilling at the Selwyn project is being conducted by Selwyn Chihong Mining, a joint venture equally owned by Selwyn and Chihong Mining Canada.


















