Selwyn Resources Ltd.

Selwyn Resources Ltd.

November 28, 2007 12:15 ET

Selwyn Resources Receives Yukon Awards

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 28, 2007) - Selwyn Resources Ltd. (TSX VENTURE:SWN) is pleased to announce that it is the co-recipient of the 2007 Power of Partnerships Award presented by the Yukon Mine Training Association. This award honours companies and communities that demonstrate strong partnerships that contribute to the development of mining industry workforce in the Yukon. Selwyn was recognized alongside the Ross River Dena Council for their joint works on delivering environmental assessment and monitoring skills training to youth in Ross River and Watson Lake. Selwyn congratulates Ross River Dena Council and extends its thanks to the many organizations and individuals who contributed to the success of this program.

Selwyn also received Honourable Mention for the 2007 Robert E. Leckie Award for quartz mining operations in the Yukon. The Robert E. Leckie award was created in 1999 in recognition of innovative approaches to planned reclamation, research and cooperation between government, communities and the mining industry, in addition to demonstrated environmental performance and corporate citizenship by companies operating in the Yukon.

The reclamation activities carried out in 2007 on its Selwyn Project in the Eastern Yukon were completed by Keyeh Nejeh, the Land Management and Reclamation Division of the Liard First Nation Development Corporation. Selwyn thanks the staff and representatives of Keyeh Nejeh for their excellent work which made this award possible. Throughout this past summer season Keyeh Nejeh and Selwyn have worked to enact an ongoing reclamation program for areas disturbed by exploration activity and establish reclamation trial programs that will provide important information regarding viable reclamation methods for proposed future mining operations.

In addition, Selwyn has been working in partnership with the Yukon Government in completing wildlife surveys for the proposed development area. These surveys were completed through joint efforts of Selwyn Environment Department staff, Yukon Government scientists, and local community representatives. Selwyn supports these collaborative initiatives. They are very important in developing a common understanding of the potential effects of future mining operations. This type of teamwork also sets the stage for collaborative development of mitigation measures and future study designs.

Selwyn Resources extends its thanks to all those who made these awards possible.

Selwyn's focus is the exploration and development of the Selwyn Project in the Yukon as Canada's next major zinc-lead mine. The known deposits have large resources of zinc and lead with the potential for large scale production and provide a strategic supply of metals needed to feed industrial growth in the Pacific Region for decades to come.

This press release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. Additional drilling is required to confirm the potential of the new discovery areas and expansions of the current resource areas and the extension of the higher grade deep mineralization to depth. Furthermore, there is no assurance that the resources being defined can be developed as an economically attractive mine, and there are many uncertainties associated with permitting and other factors that could delay such development.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

Contact Information

  • Selwyn Resources Ltd.
    Dr. Harlan Meade, President and CEO
    (604) 682-5474 or Toll Free: 1-877-682-5474
    International Toll Free: 1-800-8682-5474
    Selwyn Resources Ltd.
    Jasmin TamDoo, Manager of Investor Communications
    (604) 682-5474 or Toll Free: 1-877-682-5474
    International Toll Free: 1-800-8682-5474
    (604) 682-5404 (FAX)