Overview

Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company’s primary activities are the exploration and development of the past-producing Snip mine and the recently optioned Eskay Creek mine, both acquired from Barrick. In addition, the Company is performing preliminary exploration on the past-producing Porter Idaho silver mine and has completed a Preliminary Economic Assessment on the GJ copper-gold porphyry project.

Project Locations - British Columbia's Golden Triangle Area

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Snip

Snip

  • Reclaimed former high-grade producer located in northwest British Columbia.
  • From 1991-1999 Snip produced 1.1 million ounces of gold at an average grade of 27.5 g/t.
  • Excellent available infrastructure, including an airstrip, a new nearby hydro development, and proximity to power and roads.
  • Ron Netolitzky, Chairman of Skeena, was instrumental in developing the deposit and is intimately familiar with the area and its history.
  • 8,650 m underground drill program completed in 2017.
  • Proposed 11,000 + m underground drill program commenced.
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Eskay Creek

Eskay Creek

  • Option to Acquire secured in December 2017 from Barrick.
  • Produced 3.3 million ounces of gold & 160 million ounces of silver at average grades of 45 g/t Au & 2,224 g/t Ag from 1994 to 2008.
  • Precious & base metal-rich VMS.
  • Historical database containing 7,881 drill holes totaling 706,904 metres (surface & underground).
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GJ

GJ

  • 43,500-hectare gold-copper property consisting of 93 contiguous mineral claims situated approximately 30 km west of Imperial Metals’ Red Chris Mine in northwest British Columbia.
  • Initial PEA results released in April 2017: GJ has a 25-year mine life with a low initial capex of CAD $216 million, a pre-tax 8% NPV of CAD $546 million and a 27% IRR.
  • The property consists of two separate mineral resource estimates approximately 14 km apart: the porphyry copper-gold Donnelly Deposit at GJ (Donnelly) and the porphyry gold-copper Spectrum Central Zone (Spectrum).
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Porter-Idaho

Porter-Idaho

  • 100% owned high-grade silver asset consisting of 46 Crown-granted mineral claims covering the past-producing, underground Prosperity – Porter Idaho – Silverado workings, located beside the town of Stewart in northwest British Columbia.
  • 2.2 million ounces of silver at an average grade of 73.8 oz/ton (2,542 g/t Ag) produced from 1929-1931.
  • Current historical, indicated mineral resource contains 11.0 million ounces of silver @ 25.2 oz/ton (868 g/t Ag) with an additional 1.7 million ounces of silver grading 17.3 oz/ton (595 g/t Ag) in the inferred category**.

**see Porter-Idaho project page for more details

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