Skeena Resources Ltd T.SKE

Alternate Symbol(s): SKE

Metals & Mining Industrial Metals & Minerals

Skeena Resources Limited is a precious metals developer that is focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle in British Columbia, Canada. Eskay Creek represents one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. It also owns the past-producing Snip gold mine (Snip). In addition to Eskay Creek and Snip, the Company also owns several exploration stage mineral properties in the Golden Triangle and Liard Mining Division of British Columbia. Its 100%-owned Eskay Creek Project is a high-grade volcanogenic massive sulphide (VMS) deposit. The Snip mine consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares (ha) in the Liard Mining Division. It has staked a 74,633-ha Hoodoo Project, located approximately 65 kilometers northwest of Eskay Creek. It also has interests in KSP property.

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Skeena Resources Ltd

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Comment by Tibberon Oct 22, 2006 2:44pm

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Post# 11539442

RE: PERSPECTIVES: Ske's Volatility and Market Cap

At 50 tons a day limit, for them to get 33,000 oz over the full 4 year period to Dec 13 2008, they would be pulling an average grade in the neighbourhood of at least 14 g/t. Since they started at a 25 ton limit the average grade is actualy higher. If the get the full 33,000 oz before the end of 2008, all I can say is HOLY COW!!

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