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Skeena Resources Ltd.
Summary
| Project: | Spectrum | |
|---|---|---|
| Deposit: | Donnelly, Spectrum Central | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 20-4-2017: Skeena Resources Ltd. announces a PEA report for its Donnelly, Spectrum Central deposit at the Spectrum project. Updated resource estimate + PEA results incl. post-tax NPV(8%) of C$546.18M, IRR of 26.6%. This technical report has been prepared | |
| Resources: | ||
| CP/QP: | [Resources]: D Thomas (DKT Geosolutions Inc.) | |
| ABSTRACT: | This technical report has been prepared at the request of the issuer, Skeena Resources Ltd. (the “Company”) that is incorporated in British Columbia, Canada (“B.C.”). The Company has its offices at Vancouver, B.C., and it is listed on Tier 1 of the TSX-V (trading symbol: SKE). The Company is focused on developing three projects located in the Golden Triangle of northwest B.C., including the Spectrum-GJ Cu-Au project that is the subject of this technical report. The Spectrum-GJ Cu-Au project area (the “Project Area”) comprises a combination of the properties that the Company previously reported as the Spectrum property or project and the GJ property or project. The amalgamation of the two properties reflects the Company’s plan to jointly exploit mineralization contained in the Central Zone located on the Spectrum claims block (the “Central Zone”) and the Donnelly deposit located on the GJ claims block (the “Donnelly Deposit”). The two deposits of interest are approximately 14 km apart. Project development to date includes: exploration drilling, data verification and Mineral Resource estimation for both deposits of interest; and completion of a preliminary economic assessment (“PEA”). The PEA encompasses openpit mining on the Central Zone and Donnelly Deposit, with metallurgical processing at a single, central plant. The principal product will be a bulk Cu-Au- (Ag) concentrate; a gravity gold concentrate will be produced in the first five years followed by doré gold-silver for the remaining project life. | |
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