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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 > Skeena resuming its dive
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Comment by AlwaysLong683on Dec 11, 2023 6:37am
142 Views
Post# 35777372

RE:RE:RE:RE:RE:RE:RE:RE:RE:Skeena resuming its dive

RE:RE:RE:RE:RE:RE:RE:RE:RE:Skeena resuming its dive
According to page 10 of TLG's Powerpoint Presentation, their 2023 MRE only appears to have produced "measured and indicated" ounces, not "proven and probable" numbers.
 
 
A Probable Mineral Reserve is the economically mineable part of an indicated, and in some circumstances, a Measured Mineral Resource. 
The confidence in the Modifying Factors applying to a Probable Mineral Reserve is lower than that applying to a Proven Mineral Reserve.
 
A Proven Mineral Reserve is the economically mineable part of a Measured Mineral Resource. 
A Proven Mineral Reserve implies a high degree of confidence in the Modifying Factors.
 
 
I suspect the FS will provide insight as to how much of the M&I ounces have been determined to be P&P......?
 
 
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