SLK Silk Road Energy Inc

Selkirk Metals Corp. ("Selkirk" or the "Company") (TSX VENTURE:SLK) is pleased
to provide this 43-101 compliant resource for the Cliff Zone on the Catface
Project, British Columbia. The report, dated August 31, 2009, entitled "Mineral
Resource Estimate Catface Copper Project - Nanaimo Mining Division, Vancouver
Island, British Columbia", was prepared by Ronald G. Simpson, P.Geo. of GeoSim
Services Inc. and Jim Chapman, P. Geo., "qualified persons" for the purposes of
National Instrument 43-101 - Standards of Disclosure for Mineral Projects.


The mineral resource estimate for the Cliff Zone is presented in the table
below. The base-case cut-off grades for the sulfide and mixed material are 0.2%
Cu and 0.3% Cu respectively. Based on the metallurgical work to date the oxide
material (greater than 66% CuO/Cu) is not considered recoverable at this time
and there is not sufficient tonnage to consider a separate plant to recover
oxide Cu. The resource blocks were constrained by a Lerchs-Grossmann pit shell
envelope assuming a Cu price of $2.00/lb, 87% recovery, mining and processing
costs of $8.00/tonne and a constant pit slope angle of 45.




Catface Open Pit Mineral Resource
------------------------------------------------------
                 INDICATED                INFERRED
           -------------------------------------------
Ore Type   Tonnes 000's   Cu %     Tonnes 000's   Cu %
------------------------------------------------------
Sulfide          43,968   0.41          230,063   0.38
------------------------------------------------------
Mixed            12,895   0.38           32,386   0.40
------------------------------------------------------
Total            56,863   0.40          262,448   0.38
------------------------------------------------------



The mineral resource for the Catface Deposit was estimated by ordinary kriging
constrained by a 3D solid model based on a 0.2% Cu grade shell. Block dimensions
were 15x15x15 metres. The deposit has been tested by 76 core holes drilled
between 1962 and September, 2008. Cutting of high-grade assays for Cu was not
implemented as statistical analysis of the constrained grade distribution showed
no significant outliers or high-grade populations.


This resource estimate is based on the portion of the Cliff Zone that has been
drilled or tested in sufficient detail. The Cliff Zone remains open and is one
of three zones of mineralization (Cliff, Irishman Creek and Hecate Bay Zones)
that have been discovered on the Property to date. Previous exploration of the
Catface deposit was conducted by Falconbridge Limited from discovery in 1960
through 1989, and included extensive surface exploration and several phases of
surface diamond drilling, and underground diamond drilling from an 825 metre
adit through the centre of the deposit.


In 2008, Selkirk entered into a Memorandum of Understanding with the Ahousaht
First Nation and subsequently completed a diamond drilling program, the first
exploration program on Catface in over 30 years. The Company has recently
received approval for the proposed next phase of operations, including gaining
road access to the work area by rehabilitating existing access roads.
Exploration plans include continued definition and delineation drilling of the
Cliff Zone for engineering purposes, expanding the initial high grade
mineralization at the Irishman Creek zone, where Falconbridge drill hole #68-39
intersected 155.4m of 0.63% copper, and drill testing of the Hecate Bay Zone.
Future exploration plans include rehabilitation of the 825 meter adit to allow
for underground bulk sampling and diamond drilling. The Company will also
continue with baseline environmental sampling.


The Catface Copper Property is owned 100% by Catface Copper Mines Limited, which
is a subsidiary of Selkirk Metals Corp. The Property is located on Catface
Mountain, on the West Coast of central Vancouver Island, BC. Selkirk announced
on July 27, 2009 a Letter of Intent to merge with Imperial Metals Corporation by
way of the Plan of Arrangement, subject to shareholder and regulatory approval.
One of the goals of this proposed merger is to facilitate ongoing exploration
and development of the Catface Porphyry Copper Prospect.


The contents of this news release has been reviewed by the Company's Qualified
Person (as defined by NI 43-101), Jim Chapman, P.Geo.. A full text version of
the Catface Copper Project mineral resource estimate will be filed on SEDAR and
will be available at www.sedar.com under the Company's profile and can also be
found by visiting the Company's website at www.selkirkmetals.com.


Corporate Update

At its Meeting of Shareholders held on July 22, 2009, the Company received
shareholder approval of its rolling stock option plan which sets the number of
common shares which may be issued pursuant to options previously granted, and
those granted under the Plan, to a maximum of 10% of the issued and outstanding
common shares at the time of the grant, in accordance with the policies of the
TSX Venture Exchange (the "Exchange"). The number of shares which may be
reserved for issuance to any one individual, may not exceed 5% of the issued
shares on a yearly basis, or 2% if the optionee is engaged in investor relations
activities or is a consultant. The Stock Option Plan was approved by the
Exchange on August 28, 2009.


On Behalf of the Board of Directors:

Gordon Keevil, President

For further information on Selkirk Metals Corp. please visit our website at
www.selkirkmetals.com.


This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration and development activities and events or developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those
in the forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include market
prices, exploration and development successes, continued availability of capital
and financing, and general economic, market or business conditions. Please see
our public filings at www.sedar.com for further information.

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