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SKREF - SKREF STOCK NEWS

Welcome to our dedicated page for SKREF news (Ticker: SKREF), a resource for investors and traders seeking the latest updates and insights on SKREF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SKREF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Skeena Resources Limited (OTCQX: SKREF) has received authorization to list on the New York Stock Exchange and has filed a Form 40-F with the U.S. Securities and Exchange Commission. Trading on the NYSE is set to begin on November 1, 2021, with shares continuing to trade on the TSX under the ticker symbol SKE. The company focuses on the Eskay Creek gold-silver mine in British Columbia, which has a prefixed average grade of 4.57 g/t AuEq and an after-tax NPV5% of C$1.4B. Skeena aims for full feasibility by Q1 2022.

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Skeena Resources Limited (OTCQX:SKREF) announced that Hochschild Mining PLC intends to operate the Snip gold project in British Columbia. Hochschild will need to invest approximately C$100 million over three years to earn a 60% interest, starting from October 14, 2021. After this earn-in, a joint venture will be established, providing Skeena with anti-dilution protection. With Hochschild's potential spending of up to C$115 million, Skeena can focus resources on the Eskay Creek project.

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Skeena Resources Limited (SKREF) announced the launch of its Phase II drill program at the Albino Waste Facility of the Eskay Creek gold-silver project. This follows an initial investigation in Q1 2021 that indicated promising Au-Ag grades, with notable drill results including 8.68 g/t Au and 330 g/t Ag over 13.68 m. The ongoing drilling, aimed at assessing the remaining untested areas, employs staggered 50 metre spacings. Additionally, results from the Snip gold project will enhance resource confidence. Future infill drilling may occur based on Phase II outcomes.

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Skeena Resources Limited (OTCQX:SKREF) announced the appointment of Randy Reichert as an independent director, succeeding Borden R. Putnam III, who transitions to a technical advisor role. Reichert brings 30 years of mining experience, previously serving as VP of Operations at B2Gold. His expertise in mine development aligns with Skeena's plans for the Eskay Creek project, which has shown promising results, including an after-tax NPV5% of C$1.4B and an internal rate of return of 56%. The company is gearing towards a full feasibility study by Q1 2022.

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Skeena Resources Limited (OTCQX:SKREF) has successfully closed a non-brokered private placement, issuing 346,364 flow-through shares at C$20.21 each, raising approximately C$7 million. This capital will support exploration activities in British Columbia's Golden Triangle. Ausenco Engineering Canada Inc. has become a strategic investor through this offering. The shares are subject to a statutory hold period. Skeena aims to advance its Eskay Creek project towards full feasibility by Q1 2022, following a promising Prefeasibility Study released in July 2021.

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Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) announced a C$7 million fully subscribed non-brokered private placement offering of 346,364 flow-through shares priced at C$20.21 each. The funds will support exploration activities in British Columbia's Golden Triangle. The offering introduces Ausenco Engineering Canada Inc as a strategic investor, indicating confidence in the Eskay Creek project. Closing is expected by September 17, 2021, pending regulatory approvals. The press release emphasizes that the shares are not available in the U.S.

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Skeena Resources Limited has launched a 35,000 metre exploration drilling program at the Eskay Creek gold-silver project in British Columbia. This initiative aims to enhance existing resources by adding over 1 million ounces of gold equivalent resources. Initial drilling focuses on the 22 Zone, with plans to expand based on results. The company has also collected new geophysical datasets to guide exploration. A feasibility study for the Eskay Creek is on track for completion in Q1 2022, supported by Ausenco Engineering.

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Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) has filed the independent NI 43-101 Prefeasibility Study Technical Report for the Eskay Creek gold-silver project. The report outlines an average grade of 4.57 g/t AuEq, an after-tax NPV5% of C$1.4 billion, a 56% IRR, and a 1.4-year payback. The Company is conducting both infill and exploration drilling to progress to full feasibility by Q1 2022. Qualified Persons from various organizations have validated the report, ensuring adherence to CIM Best Practices Guidelines.

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Skeena Resources Limited (OTCQX:SKREF) announced significant results from its 2021 Phase 3 drilling program at the Snip gold project in British Columbia. The program aims to upgrade existing Inferred resources to Measured and Indicated categories. Highlights include intersections such as 390.00 g/t Au over 0.80 m and 693.00 g/t Au over 0.50 m. Additionally, new high-grade mineralization was found in the footwall corridor, indicating potential for increased ounces in future resource estimates. The successful infill drilling enhances spatial confidence in the existing resource model.

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Skeena Resources Limited announced the results of a Prefeasibility Study (PFS) for its Eskay Creek gold-silver project in British Columbia, highlighting a high-grade open-pit mine with proven and probable mineral reserves of 3.88 million ounces AuEq. Key metrics include an after-tax NPV5% of C$1.4 billion and an IRR of 56%, with a payback period of 1.4 years. The project, requiring C$488 million in pre-production capital, aims to average 249,000 oz Au and 7.2 million oz Ag annually over a 9.8-year lifespan, with competitive cash costs and AISC.

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SKREF

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Precious Metals
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