Connect with us

Press Release

Selkirk Copper Reports Drill Results From New Lenses at Minto Mine in the Yukon

Published

on

One year ago, Selkirk First Nation (SFN) purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed Fiore Group to form Selkirk Copper Mines.

Canada, 11th Jun 2026 – Global Stocks News – Sponsored content disseminated on behalf of Selkirk Copper Mines. On June 3, 2026 Selkirk Copper Mines (TSXV: SCMI) (FRA: IO20) (OTCQB: SKRKF) released final results from its Phase 1 drill program, conducted between August 2025 and April 2026.

One year ago, Selkirk First Nation (SFN) purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed Fiore Group to form Selkirk Copper Mines.

SCMI is derisking the Minto Mine through exploration, resource expansion, engineering and mine planning, with the goal of establishing a 12-15 year mine life prior to production restart.

“The Phase 1 drill program has achieved exceptional results at each of the five primary target areas within the mine footprint,” stated Selkirk President & CEO Colin Joudrie in the June 3, 2026 press release. “We have expanded known zones of mineralization, discovering several higher-grade copper-gold-silver intervals within known zones, discovering several new lenses of high-grade mineralization, and discovering mineralization at depths previously undrilled.”

“The team successfully completed the largest drill program in the Yukon over the last ten years and did so safely, on-budget, and on-schedule through one of the coldest falls and winters on record,” added Joudrie. “These results are being incorporated into an updated Mineral Resource Estimate and Preliminary Economic Assessment that remains on track for completion in mid-2026.”

Above: plan view of the Minto Mine Property area showing surface projections of mineralized zones relative to Phase 1 and Phase 2 drill collars.

The drilling completed at Area 118 has confirmed discovery of a high-grade mineralized lens at depth beneath the previously known resources in this area. This has been designated the 301 Lens. It has been intersected by widely spaced drill holes over an area approximately 500 x 300 metres, with thicknesses ranging from 4 to 20 metres thick.

In the central part of the Mine area, recent drilling has delineated mineralization underground between two historical open pits, the Minto Main Pit and the Area 2 Pit. This has been designated the 117 Lens. It has been delineated over an area approximately 300 X 250 metres and remains open to the west. 

Above: cross-section view looking east showing recently discovered mineralization within the 301 Lens and 117 Lens

Drilling at Minto East targeted the expansion of several stacked mineralized lenses including hole 26SCM125 with three significant mineralized intercepts spaced approximately 100 m apart, including 1.4 m grading 11.23% CuEq at 211 m, 2.7m grading 5.41% CuEq at 336 m, and 4.8m grading 1.51% CuEq at 438 m 

Drilling at Ridgetop targeted shallow mineralization that can potentially be mined via an open pit at a lower cut-off grade. Drill hole 26SCM137 intersection of 0.46% Cu, 0.14 g/t Au, and 1.57 g/t Ag (0.58% CuEq) over 69.6 m, from 13.7 m.

Drilling at Minto North focused on expanding and delineating the Minto Northwest zone. 

The Minto North West Zone returned some of the highest grade and highest thickness drill intercepts during the Phase 1 drill program. This area has been designated as the 202 Lens for purposes of geological modelling and resource estimation and is notably higher-grade than other parts of Minto North.

At Copper Keel, drill hole 26SCM158 returned an intersection of 0.53% Cu, 0.29 g/t Au, 2.18 g/t Ag (0.77% CuEq) over 9.9 metres.

The Phase 2 drill program began on May 1, 2026. Four drill rigs are now active, targeting approximately 50,000 metres with a focus on resource expansion, infill drilling, geotechnical drilling, and geo-metallurgical data collection to support increased resource confidence and mine planning for planned feasibility study work.

Drilling productivity has been significantly higher than Selkirk expected, averaging 120 metres per day, compared to 94 metres per day during the Phase 1 program. 

On May 25, 2026, Selkirk announced that it has closed a further investment by Selkirk First Nation for aggregate gross proceeds of C$500,250 at a price of $1.15 per share. The investment was completed in connection with the exercise of Selkirk First Nation’s pro rata participation right under its existing agreement with Selkirk Copper.

In this excerpt from a recent interview with Crux Investor, Selkirk Copper CEO Colin Joudrie explains how the removal of a gold-silver stream has empowered Selkirk to operate as a full co-product mine.

“We are advantaged by the bankruptcy,” Joudrie confirmed to Crux Investor. “We have removed a gold-silver stream that sat astride this asset all the way back to 2007. This is not a by-product copper, gold, silver mine. This is a co-product mine.”

“Sixty-five percent of the revenue is from copper, 35% from gold and silver, the majority of which is gold. Removal of that stream is a game-changer for the asset from a financial and operating perspective. In the broader metals complex, the price changes from May of 2023, we’re up 150-200% across those three metals, and that doesn’t look like it’s changing anytime soon.”

“Copper is trading just above $14,000 a ton in London, roughly $500 shy of its all-time high set in January, and Wall Street thinks it has further to run,” reports Oilprice.com on June 3, 2026. “Grid expansion, electric vehicles, data center construction, and clean energy investment continue to absorb copper at a pace that the market struggled to meet even before the supply shocks.”

Results from the 50,000-metre Phase 2 drill program are expected to be released throughout the summer and fall of 2026.

Technical aspects of this news release have also been reviewed, verified and approved by Leif Bailey, P.Geo., Director of Geoscience & Exploration of Selkirk Copper Mines Inc., who is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

References

1 See 2025-08-06 Technical Report “NI 43-101 2025 Mineral Resource Estimate Update for the Minto Property, Yukon, Canada” effective date 2025-04-07 filed by Venerable Ventures Ltd., available on SEDAR+ (sedarplus.ca).

Disclaimer: Selkirk Copper Mines paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. There may be forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:45901

The post Selkirk Copper Reports Drill Results From New Lenses at Minto Mine in the Yukon appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Amboss and Aureo Connect the Lightning Network to Mexico’s Banking System

Published

on

Mexico City, Mexico, September 9th, 2026, FinanceWire

Businesses and individuals anywhere in the world can now send payments that arrive as pesos in a Mexican bank account in seconds

Amboss Technologies, the payments platform that connects businesses to instant, global payments, and Aureo, the Mexican platform that converts Lightning payments directly into peso bank deposits, today announced an integration that links the global Lightning Network to Mexico’s banking system end to end.

Until now, the Lightning Network’s instant settlement stopped at the edge of Mexico’s financial system. With this integration, any business using Amboss Payments can route funds to an Aureo Lightning address and have them arrive as Mexican pesos in a bank account via SPEI, Mexico’s interbank transfer system, in seconds. A customer pays in bitcoin over the Lightning Network, and the recipient in Mexico receives pesos in their bank account without touching an exchange.

Lightning payments have become increasingly popular, with a reach of more than 900 million users globally through exchange apps including Coinbase, Binance, and Cash App. For businesses, Lightning payments cost less than traditional payment cards and settle instantly and finally, with no chargeback risk, making them an attractive supplement to card processing.

The timing reflects a large and underserved market. The United States and Mexico traded an estimated $872 billion in goods in 2025, making Mexico America’s largest trading partner, yet most cross-border business payments still move on slow and costly correspondent banking rails.

With Amboss and Aureo connected, a Mexican business can accept Lightning payments from customers across the United States and globally, hold balances in bitcoin, USDT, or USDC to manage treasury, and move funds to their Mexican bank account whenever they choose.

“Payment rails between the US and Mexico were designed decades ago, and businesses on both sides of the border pay for that every day,” said Jesse Shrader, CEO and Co-Founder of Amboss Technologies.

With Aureo, a Mexican business can accept payments from more than 900 million people through the apps they already use, at a lower cost than card processing, with no chargebacks, and receive pesos in its bank account within seconds. But the opportunity goes beyond accepting payments: Mexican and international businesses can also use the same infrastructure to send pesos to suppliers, contractors, workers, or any other recipient with a Mexican bank account. That is what modern cross-border settlement should look like.

Mexican businesses have always been ready to sell to the world. What they lacked was a payment rail that matched their ambition,” said Gustavo Flores, CEO and Founder of Aureo. “By connecting to Amboss, we make it possible for any business in Mexico to accept instant payments from customers anywhere and receive pesos directly in its bank account, fully compliant with Mexican regulations. Through Aureo’s Direct to Bank feature, a business only needs to set up an Aureo Lightning address once and link it to its Mexican bank account. From that point on, incoming Lightning payments are automatically converted and deposited as pesos, removing the complexity of creating and paying individual Lightning invoices. This is the missing link between the global economy and the Mexican banking system.

The integration is live today. Aureo appears in the Destinations and Integrations sections of the Amboss Payments app, where users can direct incoming payments to any Aureo Lightning address. Aureo operates in full compliance with Mexican regulatory requirements, including KYC verification for all users.

About Amboss Technologies

Amboss connects businesses to instant, global payments with stable money. Businesses send and receive bitcoin with instant conversion to USDT or USDC for no volatility into self-custody. Learn more about reaching 900M+ compatible customers at amboss.tech or meet here.

About Aureo

Aureo is a Mexican platform that connects the Lightning Network to the Mexican banking system. With an Aureo Lightning address, incoming payments are automatically converted to pesos and deposited directly into a Mexican bank account via SPEI. Learn more at aureobitcoin.com.

If interested in exploring how to integrate Bitcoin infrastructure into business in Mexico, users can book a free call with one of Aureo’s founders here.

 Media Contacts

Aureo: maciej@aureobitcoin.com

Contact

Founder
Phil
21M Communications
phil@21mcommunications.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Global Multi-Asset Broker FP Markets Secures UAE CMA Category 5 Licence

Published

on

Limassol, Cyprus, September 9th, 2026, FinanceWire

Global multi-asset Forex and CFD broker FP Markets has been granted a Category 5 Licence by the UAE’s Capital Market Authority (CMA), formerly the Securities and Commodities Authority (SCA), adding to the Australian-founded broker’s global regulatory footprint and marking a strategic step into the UAE market. 

The licence, held by group entity FP Markets MENA Securities L.L.C. S.O.C., permits the broker to carry out marketing, promotional, and client introduction activities in Dubai and across the Emirates. In recent years, the UAE has drawn growing numbers of brokers, fintechs, and financial services providers looking to operate on more solid regulatory ground as they build out their regional client base. 

John Lewis, FP Markets Chief Marketing Officer, stated: ‘Securing a CMA licence is part of FP Markets’ longer-term approach to regulation. Over the past 20 years, each licence we’ve added has built toward the multi-regulated presence we operate today, and the UAE is a natural next step in that. For our clients and partners, this means added security, transparency, and quality of service.’   

The licence also underpins a more direct regulatory relationship within the UAE market, on top of FP Markets’ existing multi-jurisdictional oversight. FP Markets holds licences across multiple leading jurisdictions including: the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Capital Markets Authority (CMA) of Kenya.

FP Markets will continue to expand its regulatory coverage across markets, in conjunction with ongoing investment in its trading infrastructure, technology, and support functions, ensuring that the pace of regulatory growth is matched by the award-winning quality of service the broker offers to clients and partners alike. 

About FP Markets

FP Markets is a global, multi-regulated, award-winning broker established in Sydney, Australia in 2005. The broker offers 10,000+ CFD instruments across seven asset classes, available on industry-leading platforms including MetaTrader 4/5, TradingView, and cTrader. 

FP Markets’ regulatory presence includes the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Capital Markets Authority (CMA) of Kenya.

For more information, users can visit www.fpmarkets.com

Contact

CMO
John Lewis
FP Markets
j.lewis@fpmarkets.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Spyder Moving and Storage launches a 30-day challenge for stress-free relocations

Published

on

Mississippi, USA, Sep 09, 2026, ZEX PR WIRE — Most people wait too long to start packing. Spyder Moving and Storage, based in Oxford, Mississippi, says the biggest source of moving day stress is not the move itself. It is the four weeks before it.

Vladyslav Ladygin, owner of Spyder Moving and Storage, built the company around the idea that a move goes smoothly when the plan is broken into small pieces instead of one big weekend scramble. The 30-day challenge is the company’s attempt to put that thinking into a format anyone can follow, whether they hire movers or not.

“A move feels overwhelming when it’s one giant task,” Ladygin said. “It stops feeling that way once you break it into thirty small ones.”

What the challenge covers

The plan runs in four blocks, each covering about a week:

Days 1 to 7: Sort and decide. Go room by room and separate items into keep, donate, and toss. Spyder Moving and Storage recommends starting with closets and garages, since those tend to hold the most items nobody has touched in a year.

Days 8 to 14: Gather supplies and set a budget. This includes boxes, tape, and padding, along with a firm number for what the move should cost. The company suggests getting a written estimate early so there are no surprises later.

Days 15 to 21: Pack the rooms used least. Guest rooms, storage areas, and seasonal items go first. Kitchens and bedrooms wait until closer to moving day, since those stay in use the longest.

Days 22 to 30: Confirm logistics and pack the essentials. This is the week to confirm the moving date, arrange parking or elevator access, and pack a separate bag with the things needed for the first night in the new place.

Built from the company’s own jobs

Spyder Moving and Storage says the plan reflects patterns the company sees on actual moves, not a generic template. Every step in the plan maps to a problem the company has run into on jobs: families who packed the kitchen too early and had nowhere to cook, or households that waited until the last week to start and ran out of boxes.

The company plans to publish the full day-by-day checklist through its channels so households can follow along without needing to hire a mover first. Ladygin said the goal is for the plan to work whether Spyder handles the move or a family does it themselves.

“We built this company to make moving less stressful,” Ladygin said. “That doesn’t have to depend on whether someone books us.”

A plan for local families too

Spyder Moving and Storage works with households across Oxford and the surrounding area, and the company says the same 30-day approach applies to local moves as well as longer ones. A move across town still benefits from the same early sorting and early packing, even if the truck ride is short.

The company also supports several local and regional causes, including Move for Hunger, pet shelters, and the Denver Children’s Foundation, and treats the 30-day plan as part of the same idea: give people a clear, usable resource rather than a vague promise.

How to follow along

Spyder Moving and Storage will share the checklist in stages over the next month, timed to match the four blocks of the plan. Households that want to start now can begin with the sort-and-decide phase, since that step works no matter when moving day falls.

The company said it built the plan to be simple enough to start today and specific enough to actually follow through day 30.

To read more, visit the website here.

About Spyder Moving and Storage

Spyder Moving and Storage is a moving and storage company based in Oxford, Mississippi. It was founded and is owned by Vladyslav Ladygin, a graduate of William Carey University in Hattiesburg, Mississippi. The company serves local and long-distance moves and supports several community and charitable organizations, including Move for Hunger and the Denver Children’s Foundation.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST