Selkirk Copper Mines has released a Preliminary Economic Assessment (PEA) for its Minto project in Yukon, projecting an NPV of $494 million and a 47.8% post-tax IRR. Despite the strong economics, shares fell 18% as investors weighed the exclusion of certain restart costs and upcoming permitting requirements.
Selkirk Copper has released a Preliminary Economic Assessment (PEA) for its Minto copper-gold-silver project in Yukon, modeling a restart of open-pit and underground mining. The study reports an after-tax NPV7% of C$494 million and a 47.8% IRR at planning prices, supported by a relatively low initial capital requirement of C$185.9 million due to existing infrastructure.
Selkirk Copper Mines has released a Preliminary Economic Assessment (PEA) for its Minto project in Yukon, reporting a post-tax NPV of $494M and an IRR of 47.8%. Despite the strong headline figures, the market reacted negatively, with shares dropping 18% as investors noted the exclusion of $409M in sustaining capital and high metal price assumptions.
Selkirk Copper Mines has released a Preliminary Economic Assessment (PEA) for its Minto project in Yukon, reporting a post-tax NPV of US$353 million and an IRR of 47.8%. While the economics appear strong with a 1.9-year payback, the study uses high metal price assumptions and excludes $409 million in sustaining capital.
Selkirk Copper announced a positive Preliminary Economic Assessment (PEA) for its Minto Project in Yukon, Canada, outlining robust economics with an after-tax NPV of C$494 million and an IRR of 47.8% at planning prices. The study highlights a 13-year mine life, leveraging existing infrastructure for a capital-efficient restart targeting concentrate production by H2 2028. The PEA is supported by an updated 2026 Mineral Resource Estimate showing a significant increase in Measured & Indicated resources, though it includes Inferred resources which are considered speculative.
Selkirk Copper announced a positive Preliminary Economic Assessment (PEA) for its Minto Project in Yukon, Canada, outlining a C$494 million after-tax NPV at a 7% discount rate and a 47.8% after-tax IRR with a 1.9-year payback period. The study leverages existing infrastructure for a low-cost restart and incorporates a significantly updated 2026 Mineral Resource Estimate showing substantial increases in contained copper, gold, and silver. The PEA is preliminary, includes Inferred resources, and uses an AACE Class 5 cost estimate, indicating a high level of uncertainty, but highlights the project's robust economics and potential for concentrate production by 2028.
Gladiator Metals Corp. reported high-impact drill results from its Cub East target within the Whitehorse Copper Project, Yukon, highlighted by 21.2m at 3.07% copper, 1.19 g/t gold, and 24.65 g/t silver in hole BCG-045. These new assays, along with other broad, high-grade intercepts, confirm Cub East as a significant copper-gold-silver discovery with continuity over 1.5km. The company is also undertaking resource delineation drilling at its Cowley deposit and plans to expand its drilling program across the project.
Selkirk Copper has filed an NI 43-101 technical report on SEDAR+ supporting the updated Minto Project Mineral Resource Estimate. The report confirms that there are no material differences from the results previously disclosed in the company's July 30, 2026, news release.
Cascadia Minerals announced high-grade drill results from its Carmacks copper-gold project in Yukon, highlighted by hole CD-26-056 intersecting 82.69 m of 1.12% copper and 0.64 g/t gold (1.78% CuEq). This step-out hole significantly extended Zone 2000S by 300 m, doubling its strike length and revealing higher gold and molybdenum grades. The company has expanded its 2026 drill program to follow up on these successful results, with mineralization remaining open at depth and along strike.
Selkirk Copper Mines is advancing the Minto copper-gold-silver restart project in Yukon, with recent drilling returning high-grade intercepts including 6.01% Cu and 8.77 g/t Au. The company is currently conducting a Phase 2 program and preparing a Preliminary Economic Assessment (PEA) based on a June 2026 resource estimate.
