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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
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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
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Selwyn Resources expands XY West deposit in the Yukon

29th Sep 2011, 7:04 pm by Brad Lemaire

Selwyn Resources (CVE:SWN) announced Thursday that additional drill results from its XY West deposit at the Selwyn project in the Yukon have expanded the zinc-lead mineralization there.

The results are from the exploration and definition drilling program that was conducted on the property by Selwyn Chihong Mining, a joint venture company equally owned by Selwyn and Chihong Canada Mining, which is a wholly owned subsidiary of Yunnan Chihong Zinc and Geranium.

Assays from hole XYC-278 found 21.76 metres grading 8.9% zinc and 4.35% lead, including 22.33% zinc and 12.4% lead over 2.47 metres. This hole also returned 6.21 metres at 7.29% zinc and 2.03% lead, including 9.66% zinc and 2.6% lead over 3.4 metres.

Selwyn said the results from this hole confirm the overall continuity of the mineralization, and reinforces the geological model that is currently being developed for the XY West deposit expansion area.

Other notable results include 12.67 metres grading 10.27% zinc and 3.15% lead, including 21.85% zinc and 6.81% lead over 2.47 metres, intersected in hole XYC-279.

Meanwhile, hole XYC-273 found 19.04 metres grading 8.22% zinc and 2.3% lead, including 4.25 metres at 15.89% zinc and 4.12% lead.

These drill results also expand the zinc-lead mineralization trend to the northwest, where it remains open along strike. The results have also increased the high-grade mineralization in the XY West and XY Central deposits to a lateral length of at least 2,500 metres.

Selwyn also said it will use these new drill results to update its 2009 NI 43-101 mineral resource estimate.

The Vancouver, B.C.-based company's shares on the TSX-Venture initially rose today, before trading flat at $0.15 in late morning trading.

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