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 gets environmental approval for ScoZinc mine expansion in Nova Scotia
Selwyn Resources (CVE:SWN) announced Tuesday it received approval from the Minister of Environment for Nova Scotia regarding its proposed southwest expansion of the Main zone of its ScoZinc mine.
The company's President and CEO Dr. Harlan Meade said: "We are very pleased that the Nova Scotia government has accepted the proposed plan to restart the ScoZinc Mine.
"We look forward to receiving the Industrial Approval that will allow site activities to begin. ScoZinc continues its refurbishment activities in preparation for the restart of mining and milling operations."
In August 2011, Selwyn began its exploration activities at the mine, which it acquired when it bought ScoZinc Ltd in June 2011. The program consisted of infill definition drilling and near-mine exploration in support of the mine's re-start activities.
Selwyn’s primary focus remains the exploration and development of the properties that make up the Selwyn project in the Yukon, which is operated by the joint venture comprised of Selwyn and Chihong Canada Mining.
On the TSX-Venture, Selwyn shares rose 13.33% as of 12:03 pm EDT, trading at 17 cents.



















