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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 goldhunter11on Apr 07, 2021 9:36am
221 Views
Post# 32948286

RE:news

RE:newsseveneleven711, Thanks for the link. Impressive news.

Just wanted to add the following notes:
- They have achieved the 5MozAuEq with just with the OP alone.
- The grade has not reach the target grade 5gpt (4.3gptAuEq), but the grade of above 4 gpt for OP is high enough for an OP operation. Besides, the RE is a lot more important than the 5 gpt (a mooth point) for the definition to become of Tier 1 (Barrick is saying this out loud, but it may just just be part of they bluffing strategy in playing this poker game).
- SNIP with a guess of 1Moz has not been included in the estimate. Ditto for Albino Lake with a frction of 1Moz, say 0.2Moz. Apparently they have finished drill at Albino.
- To be on the conservative side, with SNIP and Albino and further exploration of other zones would push SKE total RE toward 7Moz AuEq.
GH11
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seveneleven711 wrote: https://ceo.ca/@accesswire/skeena-announces-53-moz-at-43-gt-aueq-measured-and


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