Welcome to our dedicated page for Skeena Resources news (Ticker: SKE), a resource for investors and traders seeking the latest updates and insights on Skeena Resources stock.
Skeena Resources Limited (SKE) is a leading Canadian mineral exploration company focused on revitalizing high-grade precious metal deposits in British Columbia's Golden Triangle. This page serves as the definitive source for verified corporate updates, technical developments, and operational milestones.
Investors and industry observers will find timely updates on Skeena's core projects including the Eskay Creek gold-silver operation, exploration results, and strategic partnerships. The curated news collection provides insights into resource estimates, environmental initiatives, and community engagement programs.
Our coverage includes essential updates such as drill results analysis, feasibility study progress, financial reporting, and leadership announcements. Each release is vetted for relevance to stakeholder interests and operational transparency.
Bookmark this page for streamlined access to Skeena's evolving story in one of the world's most prospective mining regions. Check regularly for authoritative updates that matter to informed decision-making in the resource sector.
Skeena Resources Limited has regained 100% ownership of the Snip Gold Project after Hochschild Mining PLC terminated its option to earn a 60% stake. Hochschild has invested at least C$15 million into the project, fulfilling the minimum annual expenditure requirements. The transfer allows Skeena to manage the Snip Project and utilize it to potentially extend the life of the Eskay Creek mine by processing Snip ore at its mill. Skeena's feasibility study indicates an after-tax NPV of C$1.4 billion with a 50% IRR based on a gold price of US$1,700/oz.
Skeena Resources Limited (TSX:SKE, NYSE:SKE) announced its financial results for the fourth quarter and the year ending December 31, 2022. Key highlights include the release of a Feasibility Study for the Eskay Creek gold-silver mine, projecting an after-tax NPV5% of C$1.4 billion and a 50% IRR at US$1,700/oz Au and US$19/oz Ag. The company focuses on revitalizing this mine located in British Columbia's Golden Triangle.
Comprehensive financial statements and related documents are accessible on Skeena’s website and SEDAR.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) announced significant drilling results from the 2022 exploration at the Eskay Creek gold-silver Project in British Columbia. Key highlights include:
- 18.18 g/t Au and 130.2 g/t Ag over 9.26 m from drill hole SK-22-1132 in the 21A West Zone.
- 14.90 g/t Au and 2.5 g/t Ag over 5.70 m from drill hole SK-22-1177, also in the 21A West Zone.
- New mineralization discovered in the 23 Zone, including 0.95 g/t Au and 1,003.3 g/t Ag over 6.42 m.
The updated Mineral Resource Estimate is scheduled for H1 2023, incorporating recent drilling data, enhancing the project’s potential.
Skeena Resources Limited (TSX:SKE, NYSE:SKE) announced the appointment of Scott Fulton as the new Vice President of Construction & Engineering. With over 15 years in mine development, Fulton previously held a senior role at NorZinc. CEO Randy Reichert emphasized the importance of Fulton's expertise for advancing the Eskay Creek Project.
Additionally, Freda Campbell, Director of Community Relations, received the 2023 Indigenous Trailblazer Award from Women in Mining Canada for her contributions to community engagement in mining.
Skeena’s Feasibility Study for Eskay Creek, released in September 2022, indicates a robust after-tax NPV5% of C$1.4B.
Skeena Resources Limited (TSX:SKE, NYSE:SKE) announced a major milestone on January 17, 2023, by signing the Process Charter for the Eskay Creek gold-silver Project in British Columbia. This collaboration involves the Tahltan Central Government and the Government of BC, aiming for an efficient Environmental Assessment (EA) and permitting process. The EA Certificate is targeted for H2 2024, while final permits are anticipated in H1 2025. The federal approval for the BC Environmental Assessment Office to conduct a single assessment further streamlines this process. Skeena emphasizes its commitment to work with the Tahltan Nation for effective project approval.
Skeena Resources Limited (TSX:SKE, NYSE:SKE) announced the departure of Chief Operating Officer Shane Williams, effective immediately. President & CEO Randy Reichert will temporarily take over the COO responsibilities. Additionally, Adrian Newton has been promoted to Vice President of Exploration, continuing to lead exploration programs in the Golden Triangle. The company is focused on the Eskay Creek gold-silver project, which has promising metrics including a 50% IRR and an after-tax NPV5% of C$1.4B from its September 2022 feasibility study.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) announced the completion of a royalty sale with Franco-Nevada Corporation, granting a 0.5% net smelter returns royalty on the Eskay Creek gold-silver Project. This transaction, valued at C$27 million upfront and C$1.5 million contingent, closes the previously established right of first refusal Franco-Nevada held. Funds from the sale will support exploration and development at Eskay Creek, which boasts a feasibility study projecting a C$1.4 billion NPV5% and a 50% IRR. The transaction was finalized on December 30, 2022.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) has announced promising drilling results from the 22 Zone at the Eskay Creek gold-silver Project in British Columbia. Notable finds include drill hole SK-22-1112, which intersected 1.86 g/t Au and 88.3 g/t Ag over 16.56 m, and SK-22-1113, averaging 1.83 g/t Au and 101.4 g/t Ag over 9.90 m. These mineralization zones are open for expansion, offering potential for further resource growth beyond the existing feasibility study limits.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) has announced new Rhyolite-hosted mineralization at its Eskay Creek gold-silver Project in British Columbia. The recent exploration drilling confirmed significant gold-silver intersections in the 23 Zone, including 0.92 g/t Au and 12.5 g/t Ag over 79.97 m. Further results are expected, which could enhance the project's future open-pit strip ratio. The company anticipates that this newly delineated mineralization will contribute positively to the upcoming Feasibility Study update planned for H2 2023.
