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2008 News
September 3, 2008
New High-Grade Zinc-Lead Zone Discovered at Selwyn Project
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to provide an update on 2008 drilling activities in the XY area of the Selwyn Project, and to announce the discovery of a new high-grade zone 1,100 metres northwest of the XY Central deposit where a NI 43-101 compliant, high-grade underground mineral resource was previously defined (see January 29, 2008 news release). This new zone is being called the XY West zone and to date, 4 drill holes have been completed on this high-grade target totalling 1,052.6 metres and one drill hole is currently in progress. (read more PDF...)
August 26, 2008
Selwyn Resources Closes $3,255,000 Strategic Financing
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) announces that it has closed the previously-announced non-brokered private placement of Units (see August 21, 2008 News Release). The single placee was Resource Capital Fund IV LP of Denver, Colorado... (read more PDF...)
August 21, 2008
Selwyn Resources Arranges $3,255,000 Strategic Financing
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) announces that it has completed documentation for a non-brokered offering (the “Offering”) of units (the “Units”). The single placee is Resource Capital Fund IV LP (“RCF”) of Denver, Colorado... (read more PDF...)
July 22, 2008
Selwyn Resources Confirms Management Structure and Focus
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) is pleased to inform shareholders that Dr. Meade, Mr. McKnight and Mr. Dunning are not continuing as senior management with Yukon Zinc Corporation following the sale of that company to Jinduicheng Molybdenum Group, Ltd. and Northwest Nonferrous International Investment Company, Limited. These senior managers will now devote all of their time to the management of Selwyn... (read more PDF...)
June 19, 2008
Selwyn Resources Receives Permits for All-Season Road Access to Selwyn Project
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) is pleased to inform shareholders that it has received notice from Mackenzie Valley Land and Water Board (“MVLWB”) that it intends to issue the necessary Land Use Permit (“LUP”) and Water Licence for the rehabilitation and use of the existing all-season access road to the Selwyn Project... (read more PDF...)
June 9, 2008
Selwyn Resources Commences Mobilization for 2008 Drilling Activities
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) is pleased to update shareholders on the start of the 2008 exploration work program for the Selwyn Project, Yukon. This week, the Exploration Department and its drilling contractors will mobilize to site and commence operations. All work will be based out of the Don Camp that was established at the beginning of the 2007 field season, and supported using the adjacent, newly constructed 1,100 metre long gravel airstrip. The exploration work program will primarily consist of diamond drilling activities commencing in mid-June... (read more PDF...)
June 2, 2008
Selwyn Resources Grants Stock Options
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) reports that the Board of Directors has authorized the granting of additional stock options to Directors, officers and employees for the purchase up to a total of 3,705,000 common shares... (read more PDF...)
May 22, 2008
Selwyn Resources Closes $5.8 Million Non-Brokered Unit and Flow-Through Financing
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) announces that it has closed the previously-announced (see May 8, 2008 News Release) non-brokered offering of securities (the “Offering”). Pursuant to the Offering, the Company issued 22,471,460 units for aggregate gross proceeds of $4,719,006 and 4,360,000 flow-through shares for aggregate gross proceeds of $1,090,000... (read more PDF...)
May 8, 2008
Selwyn Resources Announces $5,500,000 Unit and Flow-Through Financing
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn” or the “Company”) announces a non-brokered offering (the “Offering”) of up to $4 million of Units and $1.5 million of Flow-through shares (the “Securities”). The Offering is scheduled to close on or before May 20, 2008. (read more PDF...)
April 17, 2008
Selwyn Resources Closes $1,638,880 Non-brokered Flow-Through Financing
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to announce the closing of the private placement announced in the April 1, 2008 news release. The originally announced offering of $1,500,000 was increased to $1,638,880... (read more PDF...)
April 1, 2008
Selwyn Resources Announces $1,500,000 Non-brokered Flow-Through Financing
Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn”) has reached an agreement to issue 8,333,333 Flow-Through common shares (“the Offering”) at $0.18 per share in a non-brokered private placement. The Offering is scheduled to close on or before April 17, 2008 (read more PDF...)
February 6, 2008
Selwyn Resources Renews Strategic Partner Search
Selwyn Resources Ltd. (Selwyn) informs investors that it has resumed its search for a strategic partner to fund continuing exploration and development work on its Selwyn Project located in the eastern Yukon. The process was suspended in July 2007 when the Company elected to undertake a public financing to complete the remainder of the planned 2007 program. Selwyn is seeking a strategic partner to minimize shareholder dilution as project development proceeds... (read more PDF...)
February 1, 2008
Selwyn Resources Grants Additional Stock Options
Selwyn Resources Ltd. (SWN.TSX-V) reports that it has granted additional stock options to officers and employees to purchase up to a total of 2,850,000 common shares, bringing total options outstanding to 12,842,467, or approximately 8.9% of the current issued capital. The shares were granted under Selwyn’s rolling stock option plan that provides for issuance of up to 10% of issued capital at any time... (read more PDF...)
January 29, 2008
Selwyn Announces 2008 Mineral Resources and Expanded High-Grade Underground Resources
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to announce an update to the April 2007 NI 43-101 compliant mineral resource estimate for the Selwyn Project in the Yukon. The 2007 exploration program significantly expanded mineral resources in the Selwyn zinc-lead deposits. The tonnage of Indicated mineral resources increased 78.2% and Inferred mineral resources have increased 7.5%. The updated mineral resource inventory includes substantial high-grade mineralization in three deep deposits that form the basis of a mineral resource inventory that conceptually could be mined by underground methods. (read more PDF...)
January 24, 2008
Selwyn Resources Expands Underground High-Grade Mineralization in the Don Deposit
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to provide an update on 2007 drilling activities in the XY area of the Selwyn Project. In 2007, 106 drill holes were completed on Selwyn Project totalling 37,208.6 metres. The location of the drill holes can be found on drill plan maps available at www.selwynresources.com. These results complete the drill results for the 2007 program and allow the completion of the re-estimation of mineral resources and the next stage of mine planning... (read more PDF...)
January 17, 2008
Selwyn’s Deep Drilling at XY Confirms Down-dip Mineral Potential
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to provide an update on 2007 drilling activities in the XY area of the Selwyn Project. In 2007, 106 drill holes were completed on Selwyn Project totalling 37,208.6 metres... (read more PDF...)
January 15, 2008
Selwyn's Don East Deposit Continues to Expand Mineral Potential
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to provide an update on recent drilling activities in the wholly-owned Don Valley area of the Selwyn Project. The current drilling is focusing on the 8.0 kilometre length of Active Member between the Don and HC deposits and is continuing to expand the high-grade zinc-lead mineral potential both in the open-pit environment and at depth in Don Valley. In 2007, 106 drill holes were completed on Selwyn Project totalling 37,208.6 metres. The location of the drill holes can be found on drill plan maps available at www.selwynresources.com. (read more PDF...)
January 10, 2008
Selwyn's Infill Drilling Confirms Higher-Grade XY Open Pit
Selwyn Resources Ltd. (SWN.TSX-V) is pleased to provide an update on 2007 drilling activities in the XY area of the Selwyn Project. In 2007, 106 drill holes were completed on Selwyn Project totalling 37,208.6 metres. The location of the drill holes can be found on drill plan maps available at www.selwynresources.com. (read more PDF...)
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