April 29, 2024

Selwyn ScoZinc mine gets environmental nod

VANCOUVER – Selwyn Resources Ltd. (TSXV:SWN) announced Tuesday that Nova Scotia’s environment minister has approved the company’s ScoZinc mine project in the Windsor Basin.

The minister is satisfied that measures to comply with the terms and conditions will be in place to adequately mitigate any “adverse effects or significant environmental effects of the proposed project,” the company said Tuesday.

Selwyn’s project involves a southwest expansion of the previously mined main pit.

“We are very pleased that the Nova Scotia government has accepted the proposed plan to restart the ScoZinc Mine,” said Selwyn president and CEO Harlan Meade.

“We look forward to receiving the industrial approval that will allow site activities to begin. ScoZinc continues its refurbishment activities in preparation for the restart of mining and milling operations.”

Vancouver-based Selwyn’s primary focus is the exploration and development of its properties that make up the Selwyn project in the Yukon, which hosts large tonnages of zinc-lead mineralization.

Share of the company were up half a cent at 15.5 cents Tuesday morning on the TSX Venture Exchange.

Local news from metronews.ca/vancouver

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