Selwyn Resources is developing the largest undeveloped zinc lead deposit in the world and has just received CAD 100 million financing through its 50:50 JV agreements with Chihong Canada, a wholly owned subsidiary of Chinese Resources Company, Yunnan Chihong Zinc and Germanium Company Limited.

The Selwyn Project located in the politically stable Canadian jurisdictions of the Yukon and Northwest Territories is high grade and has NI43-101 compliant mineral resources with an in ground value of USD 53B at current metal prices. The company is currently conducting a bankable feasibility study. If all goes to plan the project could be in production by 2014 a period which could coincide with a tight supply market for zinc due to the anticipated depletion of many large mines.

(Sourced from www.proactiveinvestors.com)