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Selkirk CopperTSXV:SCMI

Copper explorer, with a project stated to be in Yukon.

Yukon · Canada — as stated on the recordings

explorer copper Yukon, Canada
Nov 2025 → Jul 2026Covered
8 of 10Topics on record
3Figures tracked over time
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 4 interviews with the company
Stage
Explorer
Primary commodity
Copper
Jurisdiction
Yukon
Latest appearance
02 Jul 2026
On record
4 interviews · 53 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
12 to 15-year mine life target
Management-stated Colin Joudrie Jul 2026
Grade
6 to 10% copper in decameter intervals of 10, 15 m
Management-stated Colin Joudrie May 2026
Money on hand
completed sub receipt financing and additional financing round with institutional investors
Stated capital need: $30 million
Management-stated Colin Joudrie May 2026
What happens next
mid-2028
Management-stated Colin Joudrie Jul 2026
The main open question
Management's timeline—PEA in weeks, feasibility mid-2027, production mid-2028—is aggressive for a restart mine requiring amended permits due in October.
Weighed from the statements below, not our opinion of the company.
Our reading

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Resource size ≠ Different measure Stated in ounces, then in time — not the same quantity 3 statements on record
04 Nov 2025
just shy of 900 million pounds of copper in the ground about 500,000 ounces of gold and about 2.8 8 million ounces of silver
“So all combined we've just got just shy of 900 million pounds of copper in the ground about 500,000 ounces of gold and about 2.8 8 million ounces of silver.”
02 Jul 2026
12 to 15-year mine life target
“we can get to that targeted 12 to 15-year mine life”
First production ? Wording changed No comparable date in one of the two statements 3 statements on record
04 Nov 2025
go straight back into production after development planning phase of a couple years
“we've got a couple years here to work through this, but then go straight back into production and be producing that sort of highly valued copper, gold, silver concentrate”
02 Jul 2026
mid-2028
“copper gold silver mine opportunity that's targeting a restart of production of a high quality copper gold concentrate by mid-2028”
Ownership ? Wording changed One statement carries no figure to compare 2 statements on record
04 Nov 2025
Selkerk First Nation will be a significant shareholder
“the First Nation who will be a significant shareholder in the asset”
12 May 2026
Selkirk First Nation holds majority equity interest
“Selkirk First Nation, which is a majority equity interest stakeholder in our company, the first time in a publicly traded mining company in the world.”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Selkirk Copper's own claims across 4 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says Selkirk hit economic-grade mineralization in 87% of 175 drill holes, targeting a 12–15 year mine life with costs around $3/lb net of byproducts—middle of the cost curve.

What it rests on
Evidence: 2 moments from 2 interviews
Read the full case

Management says Selkirk hit economic-grade mineralization in 87% of 175 drill holes, targeting a 12–15 year mine life with costs around $3/lb net of byproducts—middle of the cost curve. The asset was acquired from bankruptcy with over $330 million in existing above-ground infrastructure (plant, roads, buildings) already built, and high 91% copper recovery rates; an updated PEA is due within weeks, with a feasibility study by mid-2027 and production targeted for mid-2028.

▼ Bear case

Management's timeline—PEA in weeks, feasibility mid-2027, production mid-2028—is aggressive for a restart mine requiring amended permits due in October.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Management's timeline—PEA in weeks, feasibility mid-2027, production mid-2028—is aggressive for a restart mine requiring amended permits due in October. The planning assumes $460 copper, $3,300 gold, and $40 silver; no independent third-party view is on record to validate the grade claims, the 87% hit rate across drill holes, or the $330 million in existing infrastructure valuation. Financing closed at $30 million; capital and dilution requirements for a restart at that scale are not detailed.

◆ Watch next

Amended permits submission in October will confirm regulatory pathway.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Amended permits submission in October will confirm regulatory pathway. Updated PEA due within one month (and ideally by October 2026) will reveal first economics since 2021. Phase two 50,000 m drill program started in May; assays on first phase are still 30% incomplete. Feasibility study integration by mid-2027 is the gate for final investment decision and production restart target of mid-2028.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 30 statements

The deposit 17

Key takeaway. Management describes Selkirk Copper's deposit as a copper, gold, and silver system comprising multiple lenses—including 117 lens, 301 lens, Minto East, Minto North, and Red Top—made up of chalcopyrite and bornite mineralization (Jul 2026;…

Read the full summary

May 2026; Nov 2025). The company reports an integrated open pit and underground mine plan targeting a 50/50 blend for the first 7 to 8 years, with an overall mine life goal of 12 to 15 years (Jul 2026). On grade, management notes intervals of 6 to 10% copper over decameter widths of 10 to 15 meters (May 2026). The company also reports that the mineralization footprint has grown approximately 20 to 30% beyond August 2025 published figures, with over 390,000 meters of drilling completed in a relatively dense area and over 85 lenses being advanced (May 2026).

What was actually said
deposit type
integrated open pit and underground mine plan; 50/50 blend of open pit and underground for first 7 to 8 years
“Our go-forward plan is integrated open pit and underground”
Colin Joudrie· 02 Jul 2026·
deposit type
copper gold silver with multiple lenses including 117 lens, 301 lens, Minto East, Minto North, and Red Top
“We are a restart story. We're a copper gold silver mine opportunity”
Colin Joudrie· 02 Jul 2026·
exploration upside
about 66 mineral lenses being worked on; discovered new lenses previously unknown
“these mineral lenses of which there's about 66 that we're working on within the system here”
Colin Joudrie· 02 Jul 2026·
Show the other 14 statements
resource size
12 to 15-year mine life target
“we can get to that targeted 12 to 15-year mine life”
Colin Joudrie· 02 Jul 2026·
deposit type
copper, gold, silver
“an underloved, underattended former copper, gold, silver producer”
Colin Joudrie· 14 May 2026·
exploration upside
Mento Northwest zone almost doubled in size; volume in instead of being about a million to million and a half tons
“in the first few weeks of drilling, we probably almost doubled the size of that zone”
Colin Joudrie· 14 May 2026·
exploration upside
52,000 meters of drilling completed; 84 lenses of high-grade copper, gold, silver mineralization targeted across property footprint
“The company has already completed more than 52,000 meters of drilling at the Mento mine”
Colin Joudrie· 14 May 2026·
exploration upside
mineralization footprint grown by approximately 20 to 30% beyond August 2025 published figures
“I don't have a numerical answer for you, but think it's probably in the 20 to 30% range beyond what we published in August of of 2025”
Colin Joudrie· 14 May 2026·
deposit type
series of lenses consisting of chalcopyrite and bornite
“the primary ore bodies that make up this deposit are quite unique. Um this is essentially a series of lenses that have been structurally disrupted, but they consist of uh chalcopyrite and bornite almost uniquely.”
Colin Joudrie· 12 May 2026·
exploration upside
over 390,000 m of drilling in a relatively dense area
“the data and the information is rich, over 390,000 m of drilling in a relatively dense area”
Colin Joudrie· 12 May 2026·
exploration upside
over 85 lenses being advanced
“there's over 85 lenses that we're advancing right now today. Each one is basically the same basic description”
Colin Joudrie· 12 May 2026·
grade
6 to 10% copper in decameter intervals of 10, 15 m
“where you're getting decameter, like 10, 15 m intervals of 6 to 10% copper, that by definition is not just rare.”
Colin Joudrie· 12 May 2026·
deposit type
copper, gold, and silver
“They have a large land package and resource that includes copper, gold, and silver.”
Colin Joudrie· 04 Nov 2025·
exploration upside
drilling identified lots of uh high q
“But maybe even more importantly, and I'm a geologist in early in my career and still always a geologist is the exploration upside in that drilling. They also identified lots of uh high q”
Colin Joudrie· 04 Nov 2025·
exploration upside
48% increase in contained metal from the previous estimates
“They issued an updated mineral resource estimate technical report in August of this year which showed a 48% increase in contained metal from the previous estimates.”
Colin Joudrie· 04 Nov 2025·
resource size
just shy of 900 million pounds of copper in the ground about 500,000 ounces of gold and about 2.8 8 million ounces of silver
“So all combined we've just got just shy of 900 million pounds of copper in the ground about 500,000 ounces of gold and about 2.8 8 million ounces of silver.”
Colin Joudrie· 04 Nov 2025·
resource size
about 35 million tons at around 1 to 1.5% copper, about a half a gram ton gold and about 4 g per ton silver
“Right now we've got indicated and inferred resources just on a combined basis and I know I'm not supposed to do that but um it's about 35 million tons at around 1 to 1.5% copper about a half a gram ton gold and and about 4 g per ton silver.”
Colin Joudrie· 04 Nov 2025·

Jurisdiction 10

Key takeaway. Management describes Selkirk Copper as a Yukon, Canada-based company and highlights a partnership with the Selkirk First Nation, which it says is a significant shareholder and holds a majority equity interest.

Read the full summary

The company reports that amended permits are expected to be submitted in October. One statement notes that the Selkirk First Nation indirectly holds a controlling equity stake, while a separate statement describes it as a majority equity interest stakeholder; these claims come from different interview dates (May 2026 and May 2026, respectively).

What was actually said
permit status
amended permits to be submitted in October
“submission of the amended permits in October”
Colin Joudrie· 02 Jul 2026·
community agreement
partnership with Selkerk First Nation; Selkerk First Nation indirectly holds controlling equity stake
“the partnership with Selkerk First Nation, which indirectly holds a controlling equity stake in the company”
Colin Joudrie· 14 May 2026·
country
Canada
“a potential restart of the mine in Yukon”
Colin Joudrie· 14 May 2026·
Show the other 7 statements
region
Yukon
“a potential restart of the mine in Yukon”
Colin Joudrie· 14 May 2026·
community agreement
Selkirk First Nation is a majority equity interest stakeholder in the company
“we're working in a unique situation with the First Nation, Selkirk First Nation, which is a majority equity interest stakeholder in our company”
Colin Joudrie· 12 May 2026·
country
Canada
“we have the next copper producer in the Yukon.”
Colin Joudrie· 12 May 2026·
region
Yukon
“we have the next copper producer in the Yukon.”
Colin Joudrie· 12 May 2026·
community agreement
Selkerk First Nation is a significant shareholder and working with the company on responsible and sustainable development and permitting
“the First Nation who will be a significant shareholder in the asset, but also want responsible and sustainable development, which is what we want, and they're going to be working with us to move forward to help permit the next stage of this mine life”
Colin Joudrie· 04 Nov 2025·
country
Canada
“be the first majority indigenous owned mining company in Canada.”
Colin Joudrie· 04 Nov 2025·
region
Yukon
“basically the Yukon government took ownership over it and then that brings us to Selkerk uh Copper today.”
Colin Joudrie· 04 Nov 2025·

Technical risk 3

Key takeaway. Management's view of technical risk rests on several key assumptions.

Read the full summary

The company assumes it will hit economic grade mineralization in 87% of the 175 drill holes completed (July 2026). It also assumes a 91% copper recovery over the life of mine (May 2026), and that it will retain ownership of all gold, copper and silver in the ore rather than streaming gold and silver to a third party (November 2025).

What was actually said
key assumption
hit economic grade mineralization in 87% of 175 drill holes completed
“We hit economic grade mineralization in 87% of the 175 drill holes that we completed”
Colin Joudrie· 02 Jul 2026·
recovery rate
91% copper recovery over life of mine
“the recoveries here are exceptionally high, 91% copper recovery over life of mine, and they really didn't even try very hard.”
Colin Joudrie· 12 May 2026·
key assumption
company will own all of the gold, the copper and silver in the ore, rather than gold and silver being streamed to a third party
“This will be the first time at this asset that we the operator will actually own all of the gold, the copper and silver in the ore.”
Colin Joudrie· 04 Nov 2025·

Economics 5 statements

Economics 3

Key takeaway. Management says the project's capital expenditure is over $330 million, covering above-ground infrastructure, the processing plant, roads and underground development (May 2026).

Read the full summary

The company reports an operating cost of about $3 per pound of copper net of byproduct credits, placing it in the middle of the cost curve (July 2026). Its price deck assumes $460 per pound copper, $3,300 per ounce gold and $40 per ounce silver (July 2026).

What was actually said
operating cost
middle of the cost curve, right around $3 net of byproduct credits for copper
“Our cost objective again is middle of the cost curve, which is right around $3 net of byproduct credits for copper”
Colin Joudrie· 02 Jul 2026·
price assumption
$460 copper, $3,300 gold, $40 per oz silver
“Our planning prices are 460 copper, $3,300 gold, $40 per oz silver”
Colin Joudrie· 02 Jul 2026·
capex
over $330 million spent on above ground infrastructure, processing plant, roads and underground
“Over $330 million has been spent in the above ground infrastructure, processing plant, um you know, all the sort of ancillary support buildings”
Colin Joudrie· 12 May 2026·

Financing 2

Key takeaway. Management reports that it raised capital through a sub receipt financing and an additional financing round with institutional investors as of May 2026, with the company saying it needs about $30 million.

What was actually said
capital needed
$30 million
“recently closed an upsized $30 million bot deal financing”
Colin Joudrie· 14 May 2026·
financing status
completed sub receipt financing and additional financing round with institutional investors
“Some participated in our very first financing. Some couldn't because it was a a sub receipt financing and and they weren't allowed. But, they have come into this round”
Colin Joudrie· 12 May 2026·

Timeline 12 statements

Timeline 12

Key takeaway. Selkirk Copper management has provided a timeline across interviews from November 2025 to July 2026, with some shifting targets.

Read the full summary

In November 2025, they said they expected a fully updated mineral resource estimate and updated mine plans (both open pit and underground) within a year, and a preliminary economic assessment completed by October 2026, with the goal of going straight back into production after a development planning phase of a couple years. By May 2026, they noted the asset had been acquired out of bankruptcy in May 2023, a 52,000-meter drill program was completed (with 30% of assays still outstanding), and reiterated first production for mid-2028. In July 2026, management said the 52,000-meter drill program was completed early April and a phase two 50,000-meter program started in May; they expected an updated preliminary economic assessment and mineral resource estimate in the next month or so, amended permit submissions in October, feasibility study integration by mid-2027, and still targeted first production for mid-2028.

What was actually said
first production
mid-2028
“copper gold silver mine opportunity that's targeting a restart of production of a high quality copper gold concentrate by mid-2028”
Colin Joudrie· 02 Jul 2026·
milestone
feasibility study integration by mid 2027
“We we want to be in in a position where the feasibility study and all of the information is integrated into that study by mid next year, so mid 2027”
Colin Joudrie· 02 Jul 2026·
milestone
52,000 m drill program completed early April; phase two 50,000 m drill program started May
“we've done all the math that we can on the existing 52,000 m that we finished in early April”
Colin Joudrie· 02 Jul 2026·
Show the other 9 statements
milestone
submission of amended permits in October
“submission of the amended permits in October”
Colin Joudrie· 02 Jul 2026·
study due
updated preliminary economic assessment and updated mineral resource estimate in next month or so
“in the next month or so, we're going to see the first economics on this asset since 2021 with an updated preliminary economic assessment”
Colin Joudrie· 02 Jul 2026·
milestone
52,000 meter drilling program completed; additional 30% of assays still to come
“We're still got another about 30% of the assay still to come from that program”
Colin Joudrie· 14 May 2026·
milestone
asset acquired out of bankruptcy in May 2023
“as recently as May of 2023, got into a bad situation, went bankrupt, and then was acquired out of bankruptcy”
Colin Joudrie· 14 May 2026·
first production
mid-2028
“we're on track for production in mid-2028.”
Colin Joudrie· 12 May 2026·
first production
go straight back into production after development planning phase of a couple years
“we've got a couple years here to work through this, but then go straight back into production and be producing that sort of highly valued copper, gold, silver concentrate”
Colin Joudrie· 04 Nov 2025·
milestone
fully updated mineral resource estimate in a year from now
“So, a year from now, what we'll have is we'll have a fully updated mineral resource estimate.”
Colin Joudrie· 04 Nov 2025·
milestone
updated mine plans with both open pit and underground mine plans in a year from now
“We'll have updated uh mine plans. There'll be both open pit and underground mine plans.”
Colin Joudrie· 04 Nov 2025·
milestone
preliminary economic in assessment completed by October next year
“And ideally, we'll have a preliminary economic in assessment that will be completed that will inform that investment decision. So, ideally by October next year”
Colin Joudrie· 04 Nov 2025·

Corporate 6 statements

Management 3

Key takeaway. Management emphasises that its executive has personally invested capital into the project, and that Colin Judge, a geoscientist active since the late 1980s, retired in 2024 from Teck after serving as its VP of corporate and business…

Read the full summary

development from 2011 to 2024. The company notes Mr. Judge’s experience spans multiple commodities in the Canadian North, South America and Southern Africa, as well as concentrate sales, smelting and strategy.

What was actually said
insider ownership
executive has invested own capital into the project
“this is where you invest your own uh capital, which I've done”
Colin Joudrie· 14 May 2026·
prior exit
Retired in 2024 from Teck
“Retired in 2004... and then this opportunity presented itself to me in June of 2025.”
Colin Joudrie· 12 May 2026·
track record
Colin Judge is a geoscientist with experience from late 1980s across multiple commodities in Canadian North, South America, Southern Africa, concentrate sales, smelting, strategy; was VP of corporate and business development at Teck from 2011 to 2024; res
“I'm a geoscientist by trading. I started my career in the Canadian North. I I joined a company called Cameco Limited back in the 1980s, late 1980s... from 2011 to 2024, I was the vice president of corporate and business development.”
Colin Joudrie· 12 May 2026·

Share structure 3

Key takeaway. Management reports that Selkirk Copper's shares trade on the TSX Venture Exchange under the ticker SCMI, with shares outstanding as of July 2026.

Read the full summary

The company states that the Selkirk First Nation holds a majority equity interest (as of May 2026) and had previously noted that the Nation would be a significant shareholder (November 2025).

What was actually said
shares outstanding
listed on the TSX Venture Exchange under SCMI
“listed on the TSX Venture Exchange under SCMI”
Colin Joudrie· 02 Jul 2026·
insider stake
Selkirk First Nation holds majority equity interest
“Selkirk First Nation, which is a majority equity interest stakeholder in our company, the first time in a publicly traded mining company in the world.”
Colin Joudrie· 12 May 2026·
insider stake
Selkerk First Nation will be a significant shareholder
“the First Nation who will be a significant shareholder in the asset”
Colin Joudrie· 04 Nov 2025·

Sources 4 interviews

Every interview 4

DateChannelInterviewStatements
02 Jul 2026 Crux Investor Selkirk Copper Mines (TSXV:SCMI) - Restart Developer Targets Mid-2028 Production 14
14 May 2026 The Deep Dive Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie - Selkirk Copper 11
12 May 2026 Crux Investor Selkirk Copper (TSXV:SCMI) - High-Grade Yukon Copper Restart Targets Mid-2028 Production 14
04 Nov 2025 The Deep Dive Copper’s Perfect Storm Has Been Building for a Decade | Colin Joudrie - Selkirk Copper 14

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

copper 3
selkirk copper mines 2
gold 2
silver 2
selkirk project 1
minto mine 1
capstone copper 1
grassberg mine 1

Questions people ask

What is Selkirk Copper's project and where is it?

Selkirk Copper is a explorer copper company, with a project stated to be in Yukon, Canada. Everything here is drawn from its executives' own interviews.

Which interviews mention Selkirk Copper?

We track 4 interviews mentioning Selkirk Copper, across 2 channels (Crux Investor, The Deep Dive).

What are investors saying about Selkirk Copper?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Selkirk Copper cover?

The most-discussed topics on record are the deposit, timeline, jurisdiction, economics — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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