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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: AuBug who wrote (42496)	6/14/2007 1:35:48 PM
From: koan	Respond to of 78430

SWN/PAX: Defining the World's New Zinc Supply 40,000 meters of drilling! Selwyn Resources Ltd. is a publicly traded, Canadian base-precious metals exploration and development company. The company's core project is the World class Selwyn Project, located in eastern Yukon. The project has reactivated the Howard's Pass zinc-lead district, and since 2005 the company has spent over $25 million on exploration, development and environmental programs. The proposed $25 million budget for 2007 will focus on a minimum of 40,000 metres of diamond drilling, environmental baseline, and site engineering studies. The program is focused on providing detailed information for completion of a prefeasibility study, and to support a permitting application in 2008. In January 2007, Selwyn Resources completed a Preliminary Assessment for the Selwyn Project which indicated excellent potential for a long life mine, having large-scale, low cost zinc and lead production. An updated NI 43-101 compliant resource estimate was released in April that reported on the nine deposits that occur over a strike length of 26.2 kilometres. The company's Selwyn Project land holdings extend beyond, to cover 290 square kilometres of claims covering 60 km long trend of the Howard's Pass District. On May 31, 2007, Selwyn Resources was formed through a reorganization of Pacifica Resources. The reorganization included the creation of a new exploration company, Savant Explorations Ltd. The purpose behind the reorganization is to allow Selwyn Resources to solely focus on the Selwyn Project, and to allow Savant to advance the other existing properties in Canada, United States and Chile. Selwyn Project Highlights New Mineral Resource stating 86,600,000 tonnes of Indicated resources and 215,460,000 tonnes of Inferred resources including 7,394,860 tonnes of high grade underground resources. Preliminary Assessment study of development alternatives and project economics indicates a very robust project with pre-Net Present Value, discounted at 8%, of $836 million and very attractive cash cost of zinc production after deducting lead credits of US$0.48 per pound (pre new Mineral Resource Estimate). 2005 and 2006 drilling has resulted in the discovery of five new zones that defines the mineralized strata over a continuous 37.5 km, significantly expanding resource potential. Dense Media Separation testwork indicates gravity is an effective pre-concentration step in upgrading run-of-mine mineralization for mill processing. Home \| Corporate \| Selwyn \| Investors \| News \| Photo Gallery \| Contact \| Site Map \| Search © 2007 Selwyn Resources Ltd. Disclaimer \| Privacy