Selkirk Copper (TSXV:SCMI) - High-Grade Yukon Copper Restart Targets Mid-2028 Production

 Interview with Colin Joudrie, CEO, Selkirk Copper MinesRecording date: 8th May 2026Selkirk Copper Mines is advancing the restart of a high-grade copper-gold-silver operation in Canada’s Yukon, targeting production by mid-2028. The project stands out for its exceptional geology, with copper grades ranging from 6% to 10% across more than 85 mineralized lenses, and recovery rates averaging 91%. These characteristics position Selkirk among the highest-grade copper producers globally, with concentrate grades of 39–40%, significantly above the industry average of 26–28%.A major advantage lies in the project’s existing infrastructure. More than $330 million has already been invested in processing facilities, roads, and power, reducing restart capital requirements to roughly one-quarter of a comparable new development. This capital efficiency allows the company to focus spending on targeted upgrades and mine development rather than large-scale construction.The project also features a groundbreaking partnership with the Selkirk First Nation, which holds approximately 20% equity in the company. This unique arrangement aligns community and corporate interests while unlocking exploration potential in a district that has seen little modern exploration for decades.Recent drilling has reinforced confidence in the asset, achieving an 87% success rate across 175 holes, with results ranking among the best in the project’s history. These findings support a projected mine life of 12 to 15 years, with annual production targeted at around 30,000 tons of copper equivalent.Following bankruptcy proceedings, the company emerged free of legacy financial burdens, including a gold-silver streaming agreement, enabling full exposure to favorable metal prices. Combined with strong market demand for high-quality copper concentrates, Selkirk is well positioned to secure flexible, non-dilutive financing through offtake agreements.Overall, the project represents a rare combination of high-grade resources, existing infrastructure, and strong stakeholder alignment, offering a lower-risk path to near-term copper production.Learn more: https://www.cruxinvestor.com/companies/selkirk-copperSign up for Crux Investor: https://cruxinvestor.com