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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 metalhead666on Dec 02, 2022 3:51am
501 Views
Post# 35145642

RE:RE:RE:Albino Lake

RE:RE:RE:Albino LakeBarrick walked away from the whole thing. When they ceased mining they couldn't have cared less about Albino Lake. When they sold the property claims to Skeena no one bothered to check if Albino Lake land was part of the package. Everyone just assumed it was junk ground until Skeena sunk a few holes into it. Everyone except Mr Mill who realized there was a million tons of 6 gram per ton stuff just sitting there unclaimed. 

So Barrick should have known better than to deposit their waste on ground that wasn't theirs....Skeena should have known better than to assume responsibility for something they had no claim on.....The government should have known who is responsible for care and maintenence rather than just assume....seems only Mr Mill knew what was actually going on but now he's in court with some shady outfit he had dealings with who claim the whole sorted thing is theirs not his!  LOL

I still maintain that at the end of the day Skeena will control the claim and the material in the lake and have the responsibility for the ultimate disposition and reclaimation of it all.  Only question is what is it going to cost them and who do they make the check out to.  

The court will settle the Mill vs Orogenic case and once and for all time decide who has the claim on the land Albino Lake sits on and the stuff within the lake.  Skeena will then know for sure and for all time who they have to bargain with to get the ore. Mill or Orogenic will want as much as possible and depending on the math, Skeena will either cut a check or play hardball for a while and let the winner pick up the tab for care and maintenence. Could get settled quickly or drag on for years depending on how nasty and stubborn these parties are. 

Somewhere down the line...days or years....Skeena will run the Albino Lake rock through their mill and get one hell of a bonus check for doing so. 

The whole thing is movie worthy
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