Selwyn Resources Appoints New Manager of Investor Communications

VANCOUVER, BRITISH COLUMBIA, Oct 06, 2010 — Selwyn Resources Ltd. (“Selwyn”) is pleased to announce the appointment of Mr. Catalin Chiloflischi as Manager of Investor Communications.

Mr. Catalin Chiloflischi is an economist with over 12 years experience in public companies, investor relations, communications, corporate governance, sustainability and business development both in Canada and Europe. Over the last 10 years Mr. Chiloflischi worked closely with publicly traded companies, especially from the oil and gas and mining sectors, on investor relations, sustainability issues, disclosure and corporate governance policies and performance. Mr. Chiloflischi’s skill sets are complementary to Selwyn’s investor relations program and brings the level of experience and knowledge required to provide Selwyn with effective investor communication both in Canada and Internationally and meeting the Company’s changing needs as it advances the Selwyn Project towards project financing and production.

He is a graduate of the Academy of Economic Studies in Bucharest, Romania and completed several professional development programs in corporate governance, capital markets, business development and Canadian securities.

Selwyn’s focus is the exploration and development of its Selwyn Project in eastern Yukon and Northwest Territories. The Selwyn Project represents one of the largest undeveloped resources of zinc and lead in the world and is unique in its location in the politically-attractive and stable jurisdiction of the Yukon. It is therefore both a unique opportunity and a strategic asset providing a long term secure supply of zinc and lead to the Pacific Margin.

This news release contains forward-looking statements concerning the development of the Selwyn Project. These statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of failure to obtain necessary regulatory or shareholder approvals, exploration and other risk factors beyond Selwyn’s control. There can be no assurance that such forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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