For thousands of other reports visit RSC's Mineral Intellingence Map
Skeena Resources Ltd.
Summary
| Project: | Eskay Creek | |
|---|---|---|
| Deposit: | Eskay Creek | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 11/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-11-2019: Skeena Resources Ltd. announces a PEA report for its Eskay Creek deposit at the Eskay Creek project. PEA results incl. post-tax NPV (5%) of US$491M, IRR of 51%. Vancouver, BC (November 7, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF | |
| Resources: | ||
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | Vancouver, BC (November 7, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce the initial Preliminary Economic Assessment (“PEA”) completed by Ausenco Engineering Canada Inc. (“Ausenco”), supported by SRK Consulting (Canada), and AGP Mining Consultants, for the Eskay Creek gold-silver project (“Eskay Creek” or the "Project") located in the Golden Triangle of British Columbia. Skeena’s CEO, Walter Coles commented, “Eskay Creek was a remarkable discovery that became an extraordinary underground mine in 1994 and produced until 2008. This PEA demonstrates that Eskay Creek still has a bright future ahead, revitalized as an open-pit gold and silver mine, with the additional possibility for underground mining. The Project has the potential to produce an average of 306,000 gold-equivalent ounces per year with a diluted mill feed grade of 4.17 grams per tonne gold-equivalent. Also, as a brownfield site, Eskay Creek benefits from tremendous infrastructure installed by the previous operators. Finally, by creating a gold concentrate rather than doré, we are able to keep initial capital costs very low, at US$233 million, relative to the amount of precious metals produced; this also simplifies and reduces technical risks for the Project.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report