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Selwyn Resources Expands XY High-Grade Mineral Potential
Thursday, September 24, 2009 9:42 AM


VANCOUVER, BRITISH COLUMBIA, Sep. 24, 2009 (Marketwire) -- Selwyn Resources Ltd. (TSX VENTURE:SWN) is pleased to provide an update on 2009 drilling activities in the XY area of the Selwyn Project. Two drill holes were completed as part of the geotechnical drilling program. The location of the drill holes can be found on drill plan maps available at www.selwynresources.com. Drilling has resumed to follow up on these results and to test additional targets in the XY Central deposit area.

Highlights

- XYC-181 intersected 5.73 metres true thickness at a shallow depth grading 14.20% zinc and 3.74% lead, including 1.72 metres grading 28.66% zinc and 7.54% lead.

Geotechnical Drilling

The 2009 geotechnical drilling, in vicinity of the XY Central high-grade underground deposit, was undertaken to provide rock structure data pertinent to the design for an advanced exploration decline that would provide access for drilling the known mineralization, as well as the exploration targets deep in the core of the Synclinal Structure hosting the XY area deposits. The proposed decline and lateral drifts will provide a cost effective platform for testing these deep exploration targets. A total of two diamond drill holes were completed along the trace of the decline for a total of 695.70 metres.

Although the geotechnical drill holes were not designed to intersect the zinc-lead bearing Active Member, drill hole XYC-181 intersected a fault bounded 5.73 metres true thickness of Active Member approximately 70 metres southeast of the northwest edge of the 2009 mineral resource estimate block model (see February 29, 2009 news release). The location of this fault zone along the lower contact of the Active Member suggests that it is possible this drill hole did not fully test the mineral potential in this area because there was Active Member broken-up within the entire fault zone.

The mineralization in XYC-181 is consistent with results from two previous drill holes, XYC-142 and XYC-145; both located approximately 140 metres to the southeast from XYC-181. These two drill holes intersected similar widths and grade of well mineralized zinc-lead Active Member. XYC-142 intersected 14.25 metres true thickness of Active Member grading 10.03% zinc and 2.75% lead including 1.79 metres grading 44.90% zinc and 10.42% lead (October 30, 2006). XYC-145 intersected 11.96 metres true thickness of Active Member grading 8.76% zinc and 2.64% lead including 3.58 metres grading 20.84% zinc and 6.06% lead (January 10, 2007 news release). The assay results from the XYC-181 are presented in Table 1.




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