Skeena Resources Ltd T.SKE

Alternate Symbol(s): SKE

Metals & Mining Gold

Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.

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Skeena Resources Ltd > 6.80 Top?

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Comment by Ridgebackon Dec 22, 2023 7:03pm

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Post# 35798680

RE:6.80 Top?

Buckey, patience.
2024 looks good for many miners who have been in the dumpster especally if Au breaks and holds above $2000 US.
After-tax net present value ("NPV")(5%) of C$2 billion at a base case of US$1,800 gold and US$23 silver
Industry-leading after-tax internal rate of return ("IRR") of 43% and an after-tax payback of 1.2 years on pre-production capital expenditures ("CAPEX")
Life of mine ("LOM") all-in sustaining cost ("AISC") of US$687/oz gold equivalent ("AuEq") sold
Proven and Probable Mineral Reserves for open-pit mining of 39.8 million tonnes ("Mt") containing 3.3 million ounces ("Moz") gold and 88.0 Moz silver (4.6 Moz AuEq)
Years 1-5: Average annual production of 450,000 oz at 5.5 g/t AuEq and average annual after-tax free cashflow of C$467 million
Years 1-10: Average annual production of 366,000 oz at 4.1 g/t AuEq and average annual after-tax free cashflow of C$361 million
Estimated pre-production CAPEX of C$713 million, yielding a compelling after-tax NPV:CAPEX ratio of 2.8:1