Proactiveinvestors recommends
Additional Information
Market: TSX-V
Sector: General Mining - Zinc, Lead and Tin
EPIC: SWN
Latest Price: C$0.12  (9.09% Ascending)
52-week High: C$0.27
52-week Low: C$0.11
Market Cap: C$47.10M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Selwyn Resources
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.

Full Selwyn Resources profile here
Is SWN a Buy, Sell or Hold?Get your FREE analysis of SWN
Pdf

Selwyn Resources expands management team for ScoZinc mine

17th Aug 2011, 7:56 pm by Olivia D'Orazio

Vancouver-based Selwyn Resources (CVE:SWN) announced Tuesday it has expanded its management team at the ScoZinc mine in Nova Scotia, with the addition of Rick MacInnis and Lin Kramer.

MacInnis, as general manager, will be responsible for providing oversight in restart activities to bring ScoZinc to production status in 2012, as well as managing the production team at the mine.

MacInnis, with a degree in metallurgical engineering, has over 30 years worth of experience in the mining industry in Canada, Europe and South America.

Meanwhile, Kramer, as mine operations manager, will work with MacInnis in mine refurbishment activities and oversee all facets of the operation including the mine, mill, maintenance and engineering.

Kramer has a experience in mine management, planning and engineering in the United States and Canada, having worked for Buyrus International, Agrium and Rio Tinto.

Selwyn said both MacInnis and Kramer will report to Joe Ringwald, vice president of mining for the company, who is responsible for the restart of ScoZinc mine, which is expected to generate revenue for the development of its zinc-lead project in Yukon.

Currently, MacInnis and Kramer are undertaking engineering and field studies to develop a detailed plan for restarting operations.

"The addition of MacInnis and Kramer is another important step in preparing the company's transition to production status with the restart of the ScoZinc mine operations,” CEO Harlan Meade said in a statement.

Both “Mr. MacInnis and Mr. Kramer bring a wealth of mine operations experience to the Selwyn team which will be critical to the success of the ScoZinc mine and to other core projects in the organization."

The Vancouver-based company’s shares rose 10 cents to $0.220 late Tuesday afternoon on the Toronto Stock market.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.