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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.


TSX:SKE - Post by User

Post by metalhead666on Oct 24, 2023 4:23pm
211 Views
Post# 35698952

Talked with Katie...here's some takeaways....

Talked with Katie...here's some takeaways....I post over at CEO.CA on SKE MOZ and ARTG if you're interested


@Goldking666 I'll give you some updates...just spoke with Katie....Updated FS will be out the week of Nov 6th....you won't be disappointed as it will be a very accurate update incorporating all the drilling and modeling since the earlier FS. There is no issue with snow. For the first couple of years the pit is essentially an embankment from which the snow can be pushed off of. Ore will be stockpiled so that processing can continue uninterupted in the event of a snow event. Albino Lake remains in litigation but it still remains ounces that SKE will have one way or the other over time. SNIP will get a preliminary feasibility study next year and be a bolt on project so as to not require separate environmental studies....just add the NPV of ESKAY to SNIP....a big plus sign. I neglected to ask about the drill cores from the deeps but that can only be a positive so doesn't really factor into my thinking. Sticking to my plan to ever so slowly build a significant position over the months to come. All is well....tax loss selling and people who paid too much throwing in the towel....When they sell it's usually a good time to buy


@Goldking666 I'll give you some updates...just spoke with Katie....Updated FS will be out the week of Nov 6th....you won't be disappointed as it will be a very accurate update incorporating all the drilling and modeling since the earlier FS. There is no issue with snow. For the first couple of years the pit is essentially an embankment from which the snow can be pushed off of. Ore will be stockpiled so that processing can continue uninterupted in the event of a snow event. Albino Lake remains in litigation but it still remains ounces that SKE will have one way or the other over time. SNIP will get a preliminary feasibility study next year and be a bolt on project so as to not require separate environmental studies....just add the NPV of ESKAY to SNIP....a big plus sign. I neglected to ask about the drill cores from the deeps but that can only be a positive so doesn't really factor into my thinking. Sticking to my plan to ever so slowly build a significant position over the months to come. All is well....tax loss selling and people who paid too much throwing in the towel....When they sell it's usually a good time to buy
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