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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 AlwaysLong683on Jun 28, 2024 5:53pm
369 Views
Post# 36111550

SKE Timeline To Start of Construction

SKE Timeline To Start of Construction
Projected timeline estimates from SKE's PR dated June 25, 2023:
 
H1 2025:
Impact Benefit Agreement with the Tahltan Central Government.
(I think this gets done. SKE has a very good relationship with the Tahltan community)
 
End of 2025:
All remaining permits required for full scale construction and operation of the mine secured.
 
2026:
Initiating full scale construction subject to receiving all the required permits and following construction. 
 
H1 2027:
First pour.
 
I plan on watching this story unfold over the next 12 to 18 months to see how well SKE progresses through the early stages of their projected timeline, especially on the permitting side (including the resolution of any/all potential issues with SEITC). I'll probably make my investment decision on this name sometime in H2 2025 if SKE has made good on their projected progress on permitting and it looks likely that the remaining permit(s) (particularly from the Feds) will be received.
 
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