RE:RE:The SNIP, NI 43-101 Technical ReportPossible extentions of the SNIP ore body are still to be determined (see the report).
A technical report will be filed on the Skeena's website within 45 days of the 21 July 2020 press release.
Skeena intends to commence drilling at Snip shortly to follow-up on the first campaign from 2019 with the aim of expanding the resource.
source: Hochschild Webpage
Hochschild parnterschip will help SNIP developments & financing.
Better grades than Brucejack (see the table and compare it with Brucejack grades) > lower all incl costs than Brucejack.
The SKE open pit will deliver so much cash that Skeena`s part of Capex to develop SNIP can be covered mostly by own cash.
Trend for higher price of gold is firmly underlayed by desperate unlimited "printing" of money, to be continued within the next years.
SKE market Cap: Present mC$ 562 is ~ equivalent to only mUSD 426...
You need to project SNIP datas into the future. SNIP mine development will take many years and priority should be on the open pit.
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BTW: I agree with goldhunter so far, that our Eskay mine open pit project is an uncut gem. When I read first time about the open pit grades around half a year ago, I straight entered Skeena. And I accumulate there carefully when dips are there.