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 (TSX:SKE)(NYSE:SKE) announced on November 22, 2022, that its appeal against the BC Chief Gold Commissioner's decision was dismissed by Justice Iyer of the British Columbia Supreme Court. Skeena plans to appeal this ruling. Importantly, this court decision does not impact the economics, resources, or reserves as detailed in the 2022 Feasibility Study for the Eskay Creek project. The feasibility study revealed an average grade of 4.00 g/t AuEq and an after-tax NPV5% of C$1.4B.
Skeena Resources Limited (TSX:SKE) announced the discovery of new Rhyolite-hosted mineralization near the 22 Zone at the Eskay Creek gold-silver Project. Drill hole SK-22-1054 revealed 1.79 g/t Au and 32.0 g/t Ag over 40.67 meters, located 200 meters east of the existing resources. This area, previously deemed non-prospective due to historical drilling limitations, shows potential for additional mineralization. The company plans further exploration in 2023 to evaluate this promising finding, indicating substantial untapped resources in proximity to known deposits.
Skeena Resources Limited has announced further drilling results from the 21A West Zone at its Eskay Creek gold-silver Project in British Columbia. Significant intersections include 7.73 g/t Au and 16.8 g/t Ag over 17.20 m in drill hole SK-22-1131. This area, previously deemed barren, shows promising high-grade mineralization. Additional results from SK-22-1103 also indicate valuable near-surface Rhyolite mineralization. The 21A West Zone is open for further expansion, indicating potential growth for the company.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) released its interim financial results for Q3 2022, reporting a Feasibility Study for the Eskay Creek project. Key highlights include an after-tax NPV5% of C$1.4B and an internal rate of return of 50% at a gold price of US$1,700/oz. The open-pit average grade stands at 4.00 g/t AuEq, with a projected 1-year payback. The company continues to explore drilling at the site, focusing on the revitalization of this past-producing gold-silver mine.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) has announced significant drilling results from the 21A West Zone at the Eskay Creek gold-silver Project in British Columbia. Drill hole SK-22-1122 revealed high-grade mineralization, averaging 20.43 g/t Au and 175.2 g/t Ag over 24.00 meters, including remarkable subintervals. This zone, discovered in late 2021, demonstrates continuity and potential for further expansion. Additionally, new mineralization has been identified below the proposed open-pit area. The 2022 drilling program totaled 55,652 meters and will contribute to a resource update in H2 2023.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) announced significant drilling results from the first deep drill hole at Eskay Creek gold-silver Project, revealing a new occurrence of Rhyolite-hosted mineralization. Drill hole SK-22-1081 intersected a broad interval grading 3.79 g/t Au and 59.4 g/t Ag over 32.19 metres at a depth of 850 metres. This discovery indicates substantial exploration potential north and west of current resources. Senior Vice President Paul Geddes noted this supports the thriving mineralized system at depth, while Executive Chairman Walter Coles expressed excitement over the discovery's potential for underground exploration.
Skeena Resources Limited (TSX:SKE) announced the promotion of Randy Reichert to Chief Executive Officer, while Walter Coles transitions to Executive Chairman. The company focuses on the redevelopment of the Eskay Creek gold-silver mine in British Columbia, showcasing a Feasibility Study that reports an average open-pit grade of 4.00 g/t AuEq, an after-tax NPV5% of C$1.4B, and a 50% IRR based on US$1,700/oz Au. Skeena is actively engaged in exploration drilling at the site, continuing its commitment to advancing the project.
Skeena Resources announced promising drilling results from the 2022 exploration program at the Eskay Creek gold-silver Project in British Columbia. Key findings include:
- Drill hole SK-22-1069 reported 1.94 g/t Au and 32.3 g/t Ag over 26.50 m.
- Drill hole SK-22-1071 confirmed continuity of mineralization, intersecting 1.12 g/t Au over 109.82 m.
- New mineralization discovered in 21A West Zone, featuring a significant intersection of 1.12 g/t Au over 109.82 m.
The results suggest potential improvements in future open-pit operations.
Skeena Resources Limited (TSX:SKE)(NYSE:SKE) released promising drilling results from its 2022 exploration programs at the Eskay Creek gold-silver Project in British Columbia. Key findings include:
- Drill hole SK-22-1093 intersected 47.50 g/t Au and 73.4 g/t Ag over 12.12 m.
- Hole SK-22-1031 showed 2.21 g/t Au and 4.6 g/t Ag over 50.00 m.
- New mineralization discovered in the 21A West Zone is set to be included in future resource updates.
- Ongoing drilling aims to increase open pittable resources and convert to Probable Reserves.
Skeena Resources Limited (TSX:SKE, NYSE:SKE) announced the repurchase of a 0.5% net smelter return (NSR) royalty from Barrick Gold for C$17.5 million on its Eskay Creek gold-silver project in British Columbia. This buyback reduces the original 1% NSR royalty by half, enhancing potential profitability. A right of first refusal was granted to Franco-Nevada on a 0.5% NSR, which will be subject to a competitive auction process by October 2, 2023. This strategic move aims to increase shareholder value and optimize the project’s economics.
