Skeena Resources Limited
Skeena is a Canadian mining exploration company focused on developing prospective precious metal properties in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada.
The Company’s primary activities are the exploration and development of the past-producing Eskay Creek mine, which contains open-pit reserves of 3.88 million ounces at 4.57 g/t AuEq in the Proven and Probable category. The Company completed a Prefeasibility Study (PFS) in July 2021 on Eskay Creek which highlights an after-tax NPV5% of C$1.4B, 56% IRR and a 1.4-year payback at US$1,550/oz Au and US$22/oz Ag. Skeena is also exploring the past-producing Snip gold mine.
Eskay Creek Revitalization Project
Discovered in 1988, the former Eskay Creek Mine was the highest-grade gold mine in the world when it was in production. Eskay produced 3.3 million ounces of gold and 160 million ounces of silver at average grades of 45 g/t gold and 2,224 g/t silver from 1994 -2008.
Skeena released a Prefeasibility Study in July 2021 which contains open-pit reserves of 3.88 million ounces at 4.57 g/t AuEq, an after-tax NPV5% of C$1.4B, 56% IRR and a 1.4-year payback at US$1,550/oz Au and US$22/oz Ag. Skeena is aggressively advancing Eskay Creek towards a Feasibility Study which is expected to be released in Q1 2022.
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