Selwyn Resources Announces Sale of Yukon Project to Subsidiary of China’s Yunnan Chihong

Vancouver-based Selwyn Resources Ltd. has announced that China-based Yunnan Chihong Zinc & Germanium Co. Ltd., parent company to Chihong Canada Mining Ltd., has approved the sale of Selwyn’s remaining interest in its core project, located in the Yukon, to Chihong Canada. Final approval for the remittance of funds out of China is required from the State Administration of Foreign Exchange of Yunnan Province. Selwyn Resources is a base metals exploration and development company. Yunnan Chihong is an integrated lead and zinc producer with several operating mines in China.

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