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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 blue0987on Mar 18, 2021 1:46pm
186 Views
Post# 32827223

RE:option on SNIP

RE:option on SNIP
GH11 .. Hochschild has already sold all their shares obtained from the 2018 flow through transaction - If option is exercised, Hochschild must then earn-in there 60% by investing into Snip over a 3 year time period 2.5x's the expenditures incurred by Skeena - Skeena, and Hochschild came together from board member(s) of each company having prior connections, doubtful any backdoor Hochschild transaction would occur without Skeena's full approval.
 
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