Selkirk Metals Corp. and Ahousaht First Nation: Exploration and Operations Update-Catface Copper Project, BC
October 15 2009 - 1:09PM
Marketwired
Selkirk Metals Corp. ("Selkirk" or the "Company") (TSX VENTURE:
SLK) and the leadership of the Ahousaht First Nation ("Ahousaht")
together are pleased to confirm that the Permit approving
operations for the proposed 2009 exploration program on the Catface
Copper Project, British Columbia has been issued.
The approved program includes 22 drill holes totaling
approximately 11,000 meters from 11 sites. Drilling will focus on
continued expansion and definition of the Cliff Zone, which
contains all the resource outlined to date; evaluation of the
higher grade mineralization within the Irishman Creek Zone; and
drill testing of the Hecate Bay Zone, which was previously
identified by surface geochemistry, prospecting, IP geophysics and
geological mapping.
Additional work will include the rehabilitation of 7 kilometres
of road previously used as a main haul road for logging on Catface
as well as the extensive mineral exploration operations carried out
by the former project operator.
Selkirk is planning to work with an Ahousaht based field
construction company to complete the road rehabilitation and
exploration crews will continue to have significant representation
by Ahousaht community members.
The Ahousaht Chief and Council and membership have given their
approval and support to Selkirk continuing mineral exploration at
and around Catface Mountain, and the road rehabilitation project
that is required. Ahousaht and Selkirk have agreed to work together
to ensure that the highest environmental standards will be upheld
in relation to the mineral exploration and mine development, should
it be put into production.
Catface Copper Mines Limited, a subsidiary of Selkirk, holds all
of the mineral rights issued by the Province of British Columbia
for the Catface property which is located at and around Catface
Mountain in central Vancouver Island, British Columbia.
SELKIRK METALS CORP.
Gordon Keevil, President and CEO
AHOUSAHT FIRST NATION
John O Frank, Ahousaht Chief Councillor
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995 or
"forward-looking information" within the meaning of Canadian
securities laws. All statements in this release, other than
statements of historical facts, that address future production,
reserve potential, exploration and development activities and
events or developments that the Company expects, are
forward-looking statements. Although management believes the
expectations expressed in such forward looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see our public filings at www.sedar.com for further
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Selkirk Metals Corp. Gordon Keevil President
604-687-2038 (604) 687-3141 (FAX) www.selkirkmetals.com Ahousaht
First Nation John O Frank Ahousaht Chief Councillor (250) 670-9563
(250) 670-9696 (FAX)
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