Mr. M. Colin Joudrie reports

SELKIRK COPPER ANNOUNCES STOCK OPTION GRANT

Pursuant to Selkirk Copper Mines Inc.'s stock option plan, a total of 2,242,500 stock options have been granted to directors, officers and employees of the company. The stock options are exercisable at a price of $1.34 per common share for a period of 10 years from the date of grant, subject to the approval of the TSX Venture Exchange. The options will vest in four equal instalments, with 25 per cent vesting on the date of grant and 25 per cent vesting on each of the first, second and third anniversaries of the date of grant.

About Selkirk First Nation

Selkirk First Nation is centred in Pelly Crossing, a community in central Yukon, 280 kilometres north of Whitehorse. It is a self-governing first nation, having signed its final and self-government agreements in 1997. Selkirk First Nation owns 4,740 square kilometres of settlement land, including 2,408 square kilometres where it owns both the surface and subsurface. Selkirk First Nation is one of three self-governing Northern Tutchone first nations in Yukon. Selkirk First Nation indirectly holds a controlling equity stake in Selkirk Copper.

About Selkirk Copper Mines Inc.

Selkirk Copper is a well-financed, newly formed company with a controlling interest held by Selkirk First Nation through its wholly owned subsidiary, that, in partnership with Selkirk First Nation, is completing a thorough exploration drilling campaign and a restart and redevelopment plan for the former Minto copper-gold-silver mine based on best-in-class environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850 hectares of prospective mineral claims located in the Minto-Carmacks copper belt as well as significant open-pit and underground infrastructure, a 4,100-tonne-per-day processing plant, a 400-person full-rotation camp, water treatment facilities, numerous ancillary buildings, and mobile equipment centred on the former Minto copper-gold-silver mine. Selkirk Copper's mineral tenure, operation infrastructure, access roads and power line are located on or adjacent to lands of Selkirk First Nation, much of which is surrounded by prospective Selkirk First Nation Category A lands.

Selkirk Copper Mines is listed on the TSX Venture Exchange under the symbol SCMI and has a secondary listing on the Frankfurt Stock Exchange under the symbol IO20, and its common shares trade under the symbol SKRKF on the OTCQX Best Market, a U.S. marketplace operated by OTC Markets Group Inc.