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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

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.


TSX:SKE - Post by User

Comment by Volcaniceventon Jan 11, 2021 6:20pm
315 Views
Post# 32272446

RE:RE:Good Stuff

RE:RE:Good StuffThe fact that they have discovered good gold grades in what was considered waste rock is important but even moreso is that waste rock above the current open pit solves 2 scenarios.  First it reduces the volume of waste rock by replacing it with economic grade material and the resource itself is higher than expected.  Replacing waste rock destined for the scrap pile with ore is a mines dream.  Their economics of the open pit simply make the cost to remove the gold that much better.
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