Ruddock Creek Project - Section 11 Order Issued from BCEAO
Title:
Ruddock Creek Project - Section 11 Order Issued from BCEAO
Text:
June 26, 2009 - Selkirk Metals Corp ("Selkirk" or the "Company") is pleased to announce that the British Columbia Environmental Assessment Office (BCEAO) has issued an Order under Section 11 of the Canadian Environmental Assessment Act (CEAA) on June 18, 2009 regarding the proposed Ruddock Creek Project, located 100 km north-northwest of Revelstoke in the Kamloops and Revelstoke Mining Divisions of British Columbia.
The Section 11 Order establishes the formal scope, procedures and methods concerning the proposed Project's environmental assessment for the underground zinc-lead mine.
The Ruddock Creek Project proposed underground zinc-lead mine will have a production rate of 2,000 tonnes per day for an annual production of 700,000 tonnes per year over a projected 10 - 15 year mine life. At the anticipated production rate and a grade of 7.5% zinc and 2.5% lead, the project would yield 104 million lbs zinc and 28 million lbs lead with silver credits, per year. The proposed hydro-electric powered mill facility would consist of a crushing plant, dense media separation, grinding and a conventional flotation circuit to produce a standard zinc and lead concentrate.
Operations on the Ruddock Creek Property are being conducted under the supervision of the Company's Qualified Person (as defined by NI 43-101), Jim Miller-Tait, P.Geo., Vice President of Exploration.
On Behalf of the Board of Directors:
(signed) "Gordon Keevil"
Gordon Keevil, President
For further information on Selkirk Metals Corp. please visit our website at www.selkirkmetals.com or call 604-687-2038
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. 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.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF CONTENT OF THIS PRESS RELEASE
The Section 11 Order establishes the formal scope, procedures and methods concerning the proposed Project's environmental assessment for the underground zinc-lead mine.
The Ruddock Creek Project proposed underground zinc-lead mine will have a production rate of 2,000 tonnes per day for an annual production of 700,000 tonnes per year over a projected 10 - 15 year mine life. At the anticipated production rate and a grade of 7.5% zinc and 2.5% lead, the project would yield 104 million lbs zinc and 28 million lbs lead with silver credits, per year. The proposed hydro-electric powered mill facility would consist of a crushing plant, dense media separation, grinding and a conventional flotation circuit to produce a standard zinc and lead concentrate.
Operations on the Ruddock Creek Property are being conducted under the supervision of the Company's Qualified Person (as defined by NI 43-101), Jim Miller-Tait, P.Geo., Vice President of Exploration.
On Behalf of the Board of Directors:
(signed) "Gordon Keevil"
Gordon Keevil, President
For further information on Selkirk Metals Corp. please visit our website at www.selkirkmetals.com or call 604-687-2038
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. 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.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF CONTENT OF THIS PRESS RELEASE