Skeena Resources Ltd T.SKE

Alternate Symbol(s): SKE

Metals & Mining Gold

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

Skeena Resources Ltd

<< Previous

Bullboard Posts

Next >>

Post by seveneleven711on May 06, 2021 9:06am

206 Views

Post# 33139397

fyi

Globe says Barrick could be at mercy of Newmont

2021-05-06 09:00 ET - In the News

Also In the News (C-NGT) Newmont Corp

The Globe and Mail reports in its Thursday edition that Mark Bristow, Barrick Gold's chief executive officer, is ruing a lost opportunity to buy a large U.S. copper miner at a bargain basement price, and is now opening the door to a merger with great rival Newmont. The Globe's Niall McGee writes that just over a year ago, when the price of copper was in the pits, Mr. Bristow openly pondered a friendly deal with Freeport-McMoRan. Had the transaction happened, Mr. Bristow may well have been hailed as a genius, as copper this year has marched to a near record high thanks in part to rebounding demand in China and speculative demand. Freeport made it clear it was not interested in any kind of deal with Barrick. During a conference call with analysts Wednesday, Mr. Bristow acknowledged the Freeport ship had sailed, and hinted that mistakes were made along the way. "Maybe we should have done it a little differently," Mr. Bristow said. Now Barrick has found itself in a slightly vulnerable spot. Newmont Gold, the world's biggest gold miner, has soundly outperformed Barrick over the past 12 months. While Barrick and Newmont were once close in stock-market valuation, Newmont could now be in the aggressor's position.