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SKEENA FILES FEASIBILITY STUDY TECHNICAL REPORT FOR ESKAY CREEK
Skeena Resources Ltd. has filed the detailed technical report for the company's Eskay Creek gold-silver project. The report is titled "Eskay Creek Project, NI 43-101 Technical Report and Feasibility Study Report" and is compliant with National Instrument 43-101 (Standards of Disclosure for Mineral Projects). The key results of this detailed technical report and feasibility study were summarized in the company's news release dated Sept. 8, 2022. A copy of the full report is available on Skeena's website and has been filed on SEDAR and EDGAR.
About Skeena Resources Ltd.
Skeena is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in the Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The company released a feasibility study for Eskay Creek in September, 2022, which highlights an open-pit average grade of 4.00 grams per tonne gold equivalent, an after-tax net present value discounted at 5 per cent of $1.4-billion, a 50-per-cent internal rate of return, and a one-year payback at $1,700 (U.S.) per ounce gold and $19 (U.S.) per oz silver. Skeena is currently continuing exploration drilling at Eskay Creek.
In accordance with NI 43-101, Paul Geddes, PGeo, senior vice-president, exploration and resource development, is the qualified person for the company, and has reviewed and approved the technical and scientific content of this news release. The company strictly adheres to CIM (Canadian Institute of Mining, Metallurgy and Petroleum) Best Practices Guidelines in conducting, documenting and reporting the exploration activities on its projects.
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