VANCOUVER, BC / ACCESSWIRE / September 1, 2021 / Skeena Resources Limited(TSX: SKE) (OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce that it has filed on SEDAR the independent technical report for the NI 43-101 Pre-Feasibility Study (“PFS”) for the Gold-Silver Project. Eskay Creek (“Eskay Creek”) as per the Company’s press release dated July 22, 2021. A copy of the Technical Report can also be found on the Eskay Creek Project page of the Company’s website.

Qualified people

In accordance with National Standard 43-101 on Disclosure Standards for Mining Projects, Paul Geddes, P.Geo. Vice-President Exploration and Resource Development, is the qualified person for the Company and has validated and approved the technical and scientific content of this press release.

Sheila Ulansky, P.Geo., Senior Resource Geologist for SRK Consulting (Canada) Inc., is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Ms. Ulansky is responsible for the 2021 mineral resource estimate for the Eskay Creek project.

Robert Raponi, P.Eng, Senior Metallurgist for Ausenco Engineering Canada Inc., is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Mr. Raponi is responsible for the transformation, process and estimation of capital and operating costs, financial analysis and marketing in the PFS.

Scott Elfen, PE, Global Practice Lead Geotechnical Services – Ausenco Engineering Canada, Inc is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Mr. Elfen is responsible for the site-wide geotechnical program, the PAG tailings and tailings storage facility, and the PFS water management tailings and tailings storage facilities.

Willie Hamilton, P.Eng, Mining Engineer for AGP Mining Consultants Inc., is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Mr. Hamilton is responsible for estimating mineral reserves, mine capital and operating costs as well as mine design in the PFS.

Rolf Schmitt, P.Geo, Technical Director of ERM is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Mr. Schmitt is responsible for the environmental, permitting and social aspects of the PFS.

Adrian Dance, P.Eng, Senior Consultant (Metallurgy) for SRK Consulting (Canada) Inc., is an independent Qualified Person as defined by NI43-101 and has reviewed and approved the contents of this press release. Dr Dance is responsible for mineral processing and metallurgical testing in the PFS.

The Company strictly adheres to ICM best practice guidelines in conducting, documenting and communicating exploration and development activities on its projects.

About Skeena

Skeena Resources Limited is a Canadian mining exploration and development company focused on the revitalization of the former Eskay Creek gold-silver mine located in the Tahltan Territory in the Golden Triangle of northwestern Colombia. British, Canada. The company released a pre-feasibility study for Eskay Creek in July 2021 that shows an average open pit grade of 4.57 g / t AuEq, a 5% after-tax NPV of C $ 1.4 billion, a 56% IRR and 1.4 year ROI in the US. $ 1,550 / oz Au. Skeena is currently completing infill and exploration drilling to advance Eskay Creek to full feasibility by the first quarter of 2022. In addition, the Company is continuing its exploration programs at the former Snip gold mine. .

On behalf of the Board of Directors of Skeena Resources Limited,
Walter Coles Jr.
President and CEO

Contact details
Investor inquiries: [email protected]
Office phone: +1 (604) 684-8725
Company website: www.skeenaresources.com

Caution Regarding Forward-Looking Statements

This press release contains statements and information that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws in Canada and the United States (collectively, “forward-looking statements”). These statements relate to future events or our future performance. The use of words such as “contemplates”, “generates”, “targets”, “is planned”, “is planned”, “considers”, “considers”, “expects”, “is planned”, ” potential ”and similar expressions or statements that certain actions, events or results“ could ”,“ could ”,“ would ”,“ could ”or“ could ”be taken, carried out or occur, can identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The specific forward-looking statements contained in this document include, without limitation, statements regarding EPF results, the completion of a feasibility study, the processing capacity of the mine, the expected life of the mine, probable reserves, estimated capital and operating costs of the project, maintenance costs, results of testing and studies, planned environmental assessments, future price of metals, concentrates metals and future exploration and development. These forward-looking statements are based on important factors and / or assumptions which include, but are not limited to, the estimation of mineral resources and reserves, the making of resource and reserve estimates, metal prices, taxation. , the estimate, timing and amount of future exploration and development, investment and operating costs, availability of financing, obtaining regulatory approvals, environmental risks, conflicts of title and ‘other questions. These forward-looking statements represent the expectations, estimates and projections of the management of the Company regarding future events or circumstances on the date on which the statements are made, and are necessarily based on a number of estimates and assumptions which, although considered reasonable by the Company on the date hereof, are not guarantees of future performance. Actual events and results may differ materially from those described in this document and are subject to significant operational, commercial, economic and regulatory risks and uncertainties. The risks and uncertainties that may affect the forward-looking statements in this press release include, among others: the risks inherent in the exploration and development of mineral properties, including permits and other government approvals; changes in economic conditions, including changes in the price of gold and other key variables; changes in mining plans and other factors, including accidents, equipment failures, inclement weather and other delays in project execution, many of which are beyond the control of the Company; unforeseen environmental risks and reclamation expenses; and other risk factors identified in the Company’s 2020 Annual Information Form dated March 25, 2021, and in the Company’s other periodic filings with securities and regulatory authorities which are available on SEDAR at www. sedar.com.

Readers should not place undue reliance on these forward-looking statements. The Company does not undertake any obligation to update and / or revise forward-looking statements, except as required by applicable securities laws.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

THE SOURCE: Skeena Resources Limited

See the source version on accesswire.com:
https://www.accesswire.com/662449/Skeena-Files-Prefeasibility-Study-Technical-Report-for-Eskay-Creek


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