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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 BSdetector2016on Apr 08, 2021 8:36am
146 Views
Post# 32955418

RE:RE:fyi

RE:RE:fyi Call it a land swap. It should reduce objections to OP mining at Eskay.

Ridgeback wrote:

VANCOUVER, BC / ACCESSWIRE / April 8, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") A new conservancy to protect the environment and wildlife on Tahltan territory has been created in an area of northwestern B.C. historically known as the Ice Mountain Lands, adjacent to Mount Edziza Provincial Park.

The Tahltan Central Government, the Province, Skeena Resources Limited, the Nature Conservancy of Canada, and BC Parks Foundation have worked in partnership to create the conservancy.

"Mount Edziza and the surrounding area has always been sacred to the Tahltan Nation. The obsidian from this portion of our territory provided us with weaponry, tools and trading goods that ensured our Tahltan people could thrive for thousands of years," said Chad Norman Day, President of Tahltan Central Government. "Working alongside Skeena Resources, the Province, BC Parks Foundation, and the Nature Conservancy of Canada to provide further protection to this area is an initiative we can all take pride in. I am so relieved and thrilled that Mount Edziza is better protected for our future generations."

The conservancy is the first step in the multi-year Tahltan Stewardship Initiative (TSI). The goal of the TSI is to bring greater self-determination to the Tahltan Nation and support stewardship on Tahltan Territory. Tahltan Central Government plans to rename the area within the conservancy at a future date, to better reflect Tahltan heritage.

"Protecting these lands will preserve the natural environment, help maintain biological diversity, and respect the history and importance of this area for the Tahltan Nation," said George Heyman, Minister of Environment and Climate Change Strategy. "Collaboration and shared understanding about stewardship of the lands and waters that sustain us is an important lesson delivered through true reconciliation."

Skeena Resources Limited is returning its mineral tenures for its Spectrum mineral claim, which supports the partnership with the Tahltan to establish the new 3,500 hectare conservancy adjoining the 230,000 hectare Mount Edziza Provincial Park.

"We are very pleased to work with our Tahltan partners to be a part of this historically significant event. Through many open and respectful conversations with Tahltan leaders over the years, we have developed a sincere appreciation of the cultural importance of this area to Tahltan," said Walter Coles, President and CEO of Skeena Resources. "We are deeply committed to our partnership with the Tahltan Nation and are happy that we can play a role in protecting this area for future generations. This is reconciliation in action and symbolic of our partnership commitment to Tahltan."

Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation said, "This conservancy was created thanks to the unique partnership between the BC Parks Foundation, Nature Conservancy of Canada, Skeena Resources, the Tahltan Central Government and the Province. The genuine participation between all parties to protect these lands for future generations is a real achievement. This partnership fosters long-term relationships between Indigenous Nations and mineral companies."

The parties have worked together to establish the conservancy with support from the BC Parks Foundation and the Nature Conservancy of Canada as well as the Province.

This initiative was also supported by the Government of Canada through the Natural Heritage Conservation Program, part of Canada's Nature Fund; the Wyss Foundation; MakeWay; the Wilburforce Foundation; MapleCross Fund; Sitka Foundation; and the Leon Judah Blackmore Foundation.

"It's encouraging to see governments, Indigenous peoples, industry, philanthropic foundations and conservation groups working together to protect our iconic natural environment in British Columbia and across the country. By collaborating on projects like these, we are making progress toward conserving a quarter of lands in Canada by 2025," said the Honourable Jonathan Wilkinson, Minister of Environment and Climate Change.

"Permanently protecting the cultural and ecological values of these lands is a remarkable achievement. We congratulate the Tahltan Central Government on their leadership and vision in making this outcome a reality," said Nancy Newhouse, BC Region Vice President, Nature Conservancy of Canada. "The unique volcanic landforms, the habitat connectivity for wildlife, and the long history of human relationship to this land all make it an area well worth conserving. This was truly a collaborative project, where partners representing a wide range of interests worked together in the spirit of co-operation."

The Province and Tahltan Central Government have been working together to advance their shared interests in building an enduring, resilient government-to-government relationship in respect of land and resource use, and community, social and economic development within the Tahltan Territory. While more work remains to be done to advance their shared interests, this agreement is an important step.

"This is a triple win," said Andy Day, CEO of the BC Parks Foundation. "Together, we're protecting a huge area for wildlife and nature, we're advancing reconciliation, and we're supporting sustainable recreation and use. Big up to the Tahltan, B.C., NCC, and Skeena for getting in the same canoe and paddling in the same direction - it's a great direction for B.C."

Quick Facts:

There are 157 conservancies in B.C., ranging in size from 11 to 322,020 hectares.

The last conservancy established was Tsaa Nuna Conservancy in 2021.

Conservancies allow a wider range of low-impact, compatible economic opportunities than Class A parks. However, commercial logging, mining and hydroelectric power generation, other than local run-of-the-river projects, are prohibited.

Parks and protected areas are dedicated to preserving the natural environment and providing outstanding outdoor recreation opportunities. Places of special ecological importance are designated as ecological reserves for scientific research and educational purposes.

Image: https://www.accesswire.com/users/newswire/images/639402/image.png

Learn more:

Map of the conservancy: https://bcparks.ca/conservancies/mount-edziza/

Information about the B.C. Declaration on the Rights of Indigenous Peoples Act can be found here: www.gov.bc.ca/gov/content/governments/indigenous-people/new-relationship/united-nations-declaration-on-the-rights-of-indigenous-peoples

For a backgrounder with more information, click here.

About Skeena



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