Selkirk Copper Mines Inc. Announces Positive PEA for Minto Project

Selkirk Copper Mines Inc., the parent company of Selkirk Copper, recently announced positive results from its Preliminary Economic Assessment (PEA) for the Minto Project in Yukon, Canada.

The PEA revealed that the project could deliver an after-tax net present value (NPV) of C$494 million with a 47.8% internal rate of return and a one-year payback period from first production at current commodity prices.

In a higher price scenario, the NPV would be C$1,023 million, with an IRR of 78.2%, and a one-year payback period.

The Minto Project has a strong capital efficiency ratio, with after-tax NPV to initial capital ratio of 2.7:1 at planning prices, increasing to 5.5:1 at spot prices.