[Video Enhanced] Selkirk Copper Advances Copper Gold Silver Mine Restart in the Yukon
Original announcement by tmx on
- Company
- Selkirk Copper Mines
- Ticker
- SCMI
- Exchange
- TSX
- Region
- Yukon
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver
- Document categories
- Drill results, Capital raise, Other
- Extracted
- 2026-08-22 10:45:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Selkirk Copper Mines has announced the discovery of the 117 Lens, a new mineralized zone beneath a previously mined open pit at the Minto Project. The results include high-grade copper-gold-silver intercepts and highlight the advantage of existing infrastructure and the removal of a historical precious metal stream.
Reasoning: The announcement reports high-grade discovery intercepts at a new lens (117 Lens) and confirms the removal of a historical gold/silver stream, significantly improving project economics.
Positive factors
- Discovery of new mineralized zone (117 Lens)
- Strong copper-gold-silver grades
- Removal of precious metal stream
- Existing infrastructure availability
- Successful recent capital raise
Facts used in scoring: 12
![Atlas analysis — Selkirk Copper Mines: [Video Enhanced] Selkirk Copper Advances Copper Gold Silver Mine Restart in the Yukon. 0.41 % over 86.8 m; 2.57 % over 9.1 m; 2.36 % over 5.8 m](https://atlas-be.minestarters.com/api/v1/news/1fdbc463-63d2-47c2-8019-0ff2e009a4cb/images/2ed13b85375a58f34cf479ddaf8a6b90-2.png)
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Discovery of a new mineralized zone, the 117 Lens, beneath a previously mined open pit.
Evidence · text
“announced the discovery of a new mineralized zone, the 117 Lens”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Technical aspects reviewed and approved by a Qualified Person (Leif Bailey, P.Geo.).
Evidence · text
“verified and approved by Leif Bailey, P.Geo., ... who is a qualified person”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
26SCM126Minto Project · copperGrade: 1.27Grade Unit: %Intercept: 12.6 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 1.27
- Grade Unit
- %
- Intercept
- 12.6 m
- From
- 244.2 m
- To
- 256.8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-256.8
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: 1.27% Cu over 12.6m is a strong discovery intercept.
Positive factors
- Strong grade for discovery
Evidence · text
“1.27% Cu, 0.89 g/t Au, and 5.91 g/t Ag (1.98% CuEq) over 12.6 m”
26SCM126Minto Project · goldGrade: 0.89Grade Unit: g/tIntercept: 12.6 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 0.89
- Grade Unit
- g/t
- Intercept
- 12.6 m
- From
- 244.2 m
- To
- 256.8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-256.8
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: 0.89 g/t Au accompanies strong copper grades.
Positive factors
- Co-product mineralization
Evidence · text
“1.27% Cu, 0.89 g/t Au, and 5.91 g/t Ag (1.98% CuEq) over 12.6 m”
26SCM126Minto Project · silverGrade: 5.91Grade Unit: g/tIntercept: 12.6 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 5.91
- Grade Unit
- g/t
- Intercept
- 12.6 m
- From
- 244.2 m
- To
- 256.8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-256.8
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Silver is a co-product in this system.
Evidence · text
“1.27% Cu, 0.89 g/t Au, and 5.91 g/t Ag (1.98% CuEq) over 12.6 m”
26SCM126Minto Project · copperGrade: 0.41Grade Unit: %Intercept: 86.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 0.41
- Grade Unit
- %
- Intercept
- 86.8 m
- From
- 244.2 m
- To
- 331 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-331.0
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Broad interval of 86.8m provides significant tonnage potential.
Positive factors
- Significant width
Evidence · text
“0.41% Cu, 0.38 g/t Au , and 3.92 g/t Ag ( 0.58% CuEq ) over 86.8 meters”
26SCM126Minto Project · goldGrade: 0.38Grade Unit: g/tIntercept: 86.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 0.38
- Grade Unit
- g/t
- Intercept
- 86.8 m
- From
- 244.2 m
- To
- 331 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-331.0
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Lower grade gold component in the broader interval.
Evidence · text
“0.41% Cu, 0.38 g/t Au , and 3.92 g/t Ag ( 0.58% CuEq ) over 86.8 meters”
26SCM126Minto Project · silverGrade: 3.92Grade Unit: g/tIntercept: 86.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM126
- Project
- Minto Project
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 3.92
- Grade Unit
- g/t
- Intercept
- 86.8 m
- From
- 244.2 m
- To
- 331 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM126:244.2-331.0
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Silver component in broader interval.
Evidence · text
“0.41% Cu, 0.38 g/t Au , and 3.92 g/t Ag ( 0.58% CuEq ) over 86.8 meters”
26SCM128Minto Project · copperGrade: 2.36Grade Unit: %Intercept: 5.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 2.36
- Grade Unit
- %
- Intercept
- 5.8 m
- From
- 241.7 m
- To
- 247.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:241.7-247.5
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: 2.36% Cu is an exceptional grade for this deposit type.
Positive factors
- High grade intercept
Evidence · text
“2.36% Cu, 0.85 g/t Au and 5.44 g/t Ag (3.04% CuEq) over 5.8 m, from 241.7 m”
26SCM128Minto Project · goldGrade: 0.85Grade Unit: g/tIntercept: 5.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 0.85
- Grade Unit
- g/t
- Intercept
- 5.8 m
- From
- 241.7 m
- To
- 247.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:241.7-247.5
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Gold accompanies high copper grade.
Evidence · text
“2.36% Cu, 0.85 g/t Au and 5.44 g/t Ag (3.04% CuEq) over 5.8 m, from 241.7 m”
26SCM128Minto Project · silverGrade: 5.44Grade Unit: g/tIntercept: 5.8 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 5.44
- Grade Unit
- g/t
- Intercept
- 5.8 m
- From
- 241.7 m
- To
- 247.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:241.7-247.5
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Silver component in high-grade intercept.
Evidence · text
“2.36% Cu, 0.85 g/t Au and 5.44 g/t Ag (3.04% CuEq) over 5.8 m, from 241.7 m”
26SCM128Minto Project · copperGrade: 2.57Grade Unit: %Intercept: 9.1 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 2.57
- Grade Unit
- %
- Intercept
- 9.1 m
- From
- 476 m
- To
- 485.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:476.0-485.1
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: 2.57% Cu is an exceptional grade for this deposit type.
Positive factors
- Exceptional copper grade
Evidence · text
“2.57% Cu, 0.66 g/t Au and 7.66 g/t Ag (3.13% CuEq) over 9.1 m, from 476 min”
26SCM128Minto Project · goldGrade: 0.66Grade Unit: g/tIntercept: 9.1 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 0.66
- Grade Unit
- g/t
- Intercept
- 9.1 m
- From
- 476 m
- To
- 485.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:476.0-485.1
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Gold accompanies high copper grade.
Evidence · text
“2.57% Cu, 0.66 g/t Au and 7.66 g/t Ag (3.13% CuEq) over 9.1 m, from 476 min”
26SCM128Minto Project · silverGrade: 7.66Grade Unit: g/tIntercept: 9.1 mView all detailsHide details
Identity
- Hole ID
- 26SCM128
- Project
- Minto Project
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- SCMI
Geometry
- Grade
- 7.66
- Grade Unit
- g/t
- Intercept
- 9.1 m
- From
- 476 m
- To
- 485.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SCM128:476.0-485.1
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Silver component in high-grade intercept.
Evidence · text
“2.57% Cu, 0.66 g/t Au and 7.66 g/t Ag (3.13% CuEq) over 9.1 m, from 476 min”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.