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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

Post by metalhead666on Apr 13, 2023 8:05am
216 Views
Post# 35392451

Just gets better and better!

Just gets better and better! Walter Coles gives update on Snip: Expects Snip reserves to come in at around 700k - 800k Au oz's (I expect closer to 1M Au oz's see Hochschild most recent RE, link below). Expects increase in total reserves to come in at 5M+ when adding Snip along with next resource update. Expects life of mine to increase to over 12 years when FS comes out for Eskay. Will begin blending around 10% of Snip's ore (800 tpd) with Eskay's ore (this should help produce a cleaner con that produces less penalties, and opens up additional smelters to bidding on our con).
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