SWN Selwyn resources hits 47% Zinc

[pennystockman]

News just out. Monster hole hit today........That adds to the already monster deposit.....and its still micro capped under $100 million!Highest Grade Intercept for Selwyn Project, Drilled in Don ValleyVancouver, BC, July 09, 2007 - Selwyn Resources Ltd. (TSX.V - SWN) is pleased to provide an update on recent drilling activities in the Don Valley for the Selwyn Project. The results from the Don Valley are very encouraging and continue to expand the understanding of the high-grade zinc-lead mineral potential at depth in Don Valley. The initial drilling in Don Valley is focusing on the 4,200 metre length of Active Member between the Don and HC West Deposits. 34 drill holes have been completed year to date for a total of 10,152.36 metres, and 4 drill holes are in-progress in Don Valley for an additional 892 metres. The location of the new drill holes can be found on drill plan maps available at www.selwynresources.com.HighlightsDON-074 intersecting 31.63 metres true thickness of the Active Member at a depth of 241.7 metres with a grade 10.20% zinc and 3.91% lead including 4.30 metres grading 35.97% zinc and 16.01% lead. DON-064 intersecting 9.00 metres true thickness grading 7.91% zinc and 2.28% lead including 4.00 metres grading 9.48% zinc and 2.81% lead Don Deposit Deep DrillingDrilling in the Don Deposit continues to target an area known to contain high-grade zinc lead mineralized Active Member. The target area modeled to potentially contain 20 to 25 million tonnes with a range of grades varying from 6% to more than 12% combined lead and zinc within an area of 600 by 600 metres predominantly below open-pit limits (see May 31, 2007 news release). The potential grade and tonnage of the target is conceptual in nature as there has been insufficient drilling to define a resource. The current drilling is targeted at defining this resource. Recent assay results from DON-074 have yielded the single highest assay of combined zinc-lead mineralized Active Member for the entire Selwyn Project including all historical results from the XY Central high-grade underground mineral resource. A 1.30 metre sample from 271.80 to 273.10 metres yielded 46.78% zinc and 17.94% lead; for an aggregate 64.72% combined zinc-lead. These new assay results extend the high-grade zinc-lead Active Member from DON-044 that intersected 22.30 metres grading 8.94% zinc and 3.10% lead including 3.30 metres grading 24.21% zinc and 10.61% lead (see January 27, 2007 news release).