Selwyn's drill results at Don confirm continuity at zinc-lead project in Yukon

Vancouver-based Selwyn Resources announced Tuesday additional drill results from the 61 lens of the Don deposit at its Selwyn zinc-lead project in the Yukon, which continue to confirm known resources.

The high-grade mineral resource for the Don deposit is composed of three lenses in the underground environment, each of which is structurally bounded by faults. The three main lenses are the 61-lens, 62-lens, and 63-lens.

Highlights of the results reported today from the 61 lens include 22.99 metres grading 8.56% zinc and 3.42% lead, including 5.63 metres of 24.17% zinc and 4.00% lead in hole DON-155; and 18.99 metres grading 9.13% zinc and 3.47% lead in DON-201, including 3.65 metres of 20.41% zinc and 8.35% lead.

The company said hole DON-155 intersected a thick section of high-grade mineralization hosted within a broad envelope of zinc-lead mineralization, while DON-201 is located near the base of the lens and shows strong correlation with the nearby previously reported high-grade intercepts in DON-195, DON-196, and DON-205.

"These results reinforce the confidence in the detailed 3D modeling of the 61-lens," Selwyn said in a statement.

The results are part of a definition drill program being conducted by Selwyn Chihong Mining, the joint venture company equally owned by Selwyn and Chihong Mining Canada, a subsidiary of Yunnan Chihong Zinc and Germanium Co.

Once all results from the definition drill program have been received, the company will incorporate the new data into an updated mineral resource estimate for the bankable feasibility study now underway.

The mineral resource for Don was last estimated in January 2008 to include an indicated resource of 5.33 million tonnes grading 9.98% zinc and 3.86% lead, and inferred resource of 5.34 million tonnes grading 7.94% zinc and 2.95% lead.

Drilling continues to confirm known mineral resources with one drill at the Don deposit, and two drills at the XY West deposit.