Selkirk Copper Announces Award of Trade-Off Study and Engineering Work Packages
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Selkirk Copper Announces Award of Trade-Off Study
and Engineering Work Packages
November 6, 2025 - Vancouver, BC and Pelly Crossing, YT – Venerable Ventures Ltd. (doing business as
“Selkirk Copper Mines”) (TSX-V: SCMI) (“Selkirk Copper” or the “Company”) is pleased to announce that
the Company has awarded Trade- Off Study and Engineering Work Packages on mine planning, mining,
metallurgy, facilities, and study integration to Hatch Ltd. and water management, tailings and waste rock
management to SRK Consulting (Canada) Inc.
M. Colin Joudrie, President & CEO, commented: “Having the calibre of professionals from the Hatch and SRK
organizations join the Selkirk Copper team to advance important Trade-Off study work underpins our
commitment to a methodical, well -informed, and staged approach to pursue a potential restart decision of
mining, mineral processing, and site operations at the former Minto copper -gold-silver mine in early 2027.
Each of Hatch and SRK have experience working at the site and further each have committed high quality and
experienced personnel to join the team in developing a pragmatic and cost-efficient restart plan.”
Mark Deziel, Global Director of Mining for Hatch Ltd. noted: “Hatch is proud to be supporting Selkirk Copper
in the development of the Minto Mine Project. Through our engineering services, we’re committed to delivering
innovative, sustainable solutions that advance the project’s success while creating lasting benefits for local
communities. We value the opportunity to collaborate with Selkirk Copper and to contribute to the growth and
prosperity of the region.
John Kurylo, Principal Engineer and Practice Leader with SRK Consulting (Canada) Inc. added: “SRK is
pleased to support Selkirk Copper as they investigate the restart of the Minto Mine. Having been involved with
the project during past phases of permitting, operatio ns, expansion, and closure, our team looks forward to
applying its understanding of the site characteristics – including water, tailings, waste rock, geotechnics and
warm permafrost – in this next stage of work. We look forward to working with Selkirk Copp er, regulators,
government, Selkirk First Nation, and other stakeholders to identify the best environmental, social, and technical
outcomes for the project.”
Scott Fulton, VP Projects & Engineering added: “Both teams from Hatch and SRK have demonstrated th eir
depth of in-house expertise and intimate knowledge from previously working at the Minto m ine site. Having
the opportunity to learn from the past and systematically re -evaluate each aspect of the engineering design is
something this team is setup to achieve. I look forward to bringing these Trade-Off Study and Engineering Work
Packages together by early Q2 2026.”
About Selkirk First Nation
Selkirk First Nation is centered in Pelly Crossing, a community in central Yukon, 280km north of Whitehorse.
They ar e a self -governing First Nation, having signed its Final and Self -Government Agreements in 1997.
Selkirk owns 4,740 square kilometers of Settlement Land, including 2,408 square kilometers where Selkirk
owns both the surface and subsurface. Selkirk First Nation is one of three self -governing Northern Tutchone
First Nations in the Yukon. The Selkirk First Nation, indirectly, holds a controlling equity stake in Selkirk
Copper.
About Selkirk Copper
Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First
Nation, that, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign
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and a restart and redevelopment plan for the former Minto copper -gold-silver mine based on best -in-class
environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850
hectares of prospective mineral claims located in the Minto -Carmacks copper belt as well as significant open-
pit and underground infrastructure, a 4,100 tonne per day processing plant, 400- person camp, water treatment
facilities, numerous ancillary buildings, and mobile equipment centered on the former Minto copper-gold-silver
mine. Selkirk Copper’s mineral tenure, operation infrastructure, access roads and powerline, is located on or
adjacent to Lands of the Selkirk First Nation much of which is surrounded by prospective Selkirk First Nation
Category A Lands.
On behalf of the Board of Directors of Venerable Ventures Ltd.
M. Colin Joudrie
President and Chief Executive Officer
For more information, please contact:
M. Colin Joudrie, President & CEO
(604) 760-3157
Justin Stevens, Vice-President Corporate Development
(604) 240-2959
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for the statements of historical fact, this news release contains “forward -looking information” within
the meaning of applicable Canadian securities legislation. When used in this news release, the words
“estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and
the negative of these words, or variations thereon or comparable terminology are intended to identify forward-
looking statements and information. The forward - looking statements and information in this news release
include information relating to: the potential restart of the Minto Mine, the business plans and objectives of the
Company. Such forward-looking information is based on the Company’s expectations, estimates and projections
as at the date of this news release.
By their nature, forward-looking statement involve known and unknown risks, uncertainties and other factors,
which may cause actual result, performance or achievements to differ materially from those expressed or
implied by such statements, including but not limited to: the potential inability of the Company to restart the
Minto Mine as currently contemplated, or at all, risks associated with potential governmental and/or regulatory
action with respect to the Company’s operations andthe potential inability of the Company to implement its
business plan going forward., Such statements and information reflect the current view of the Company and are
based on information currently available to the Company. In connection with the forward-looking information
contained in this news release, the Company has made assumptions about the Company’s ability to execute on
its business plans. The Company has also assumed that no significant events will occur outside the Company’s
normal course of business. Although the Company believes that the assumptions inherent in the forward-looking
information are reasonable, forward -looking information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
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Any forward-looking information speaks only as of the date on which it is made and, except as may be required
by applicable securities laws, the Company disclaims any intent or obligation to update any forward- looking
information, whether as a result of new information, future events or results or otherwise.