TORONTO, Aug. 20, 2020 /CNW/ - Walter Coles Jr., President & Chief Executive Officer, Skeena Resources Limited ("Skeena Resources" or the "Company") (TSX: SKE), joined his team and Karoline Hunter, Head of Company Services, TMX Group, to celebrate the company's graduation from TSX Venture Exchange to Toronto Stock Exchange and open the market.
Skeena Resources is a junior Canadian mining exploration company focused on developing prospective precious metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company's primary activities are the exploration and development of the past-producing Eskay Creek mine, which contains an open-pit resource of 2.6 million ounces at 5.9 g/t AuEq in the Indicated category and 1.4 million ounces at 3.0 g/t AuEq in the Inferred category. The Company recently completed a Preliminary Economic Assessment (PEA) on Eskay Creek which highlights an after-tax NPV5% of C$1.2B, 77% IRR and a 0.8-year payback at US$1,700/oz Au. Skeena Resources is also exploring the past-producing Snip gold mine. For more information, please visit https://www.skeenaresources.com/
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Date: Thursday, August 20, 2020
Time: 9:00am - 9:30am
Place: Virtually Broadcast
SOURCE TMX Group Limited
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