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Tuesday, 27th January 2009 (879 views)

Selkirk Metals has published an update on its Fandora gold property in Canada, which covers a total of 2061.4 hectares.

Purchased by the firm in summer 2007 through the acquisition of Doublestar Resources, the prospect is located 20km north-east of Tonfino in British Columbia.

Selkirk is conducting a "thorough review" of its property portfolio in the light of current market conditions and commodity prices.

The 100 per cent-owned Fandora claims are located five kilometres from tidewater and were mined in the 1940s by Privateer Mine, though historic data is incomplete and the property has never been explored using modern methods.

Comprising several parallel gold bearing quartz veins striking east to west, the prospect has been explored through trenching and drifting for a horizontal distance of 1,000m along the vein and a vertical distance of 300m.

Based in Vancouver, Selkirk Metals is a minerals exploration and development business with a series of base metal properties in Canada.

 

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