Company Updates From Management – Thu 22 Jul, 2021

Skeena Resources – A dive into the PFS released this morning for the Eskay Creek Project

Walter Coles, President and CEO of Skeena Resources (TSX:SKE – OTCQX:SKREF) joins us to recap the Pre-Feasability Study (PFS) that was just released this morning on the Eskay Creek Project, in the Golden Triangle in BC. Be sure to refer to the slide presentation and the slides we discuss all linked and posted below.

We start with the conversion of resources to Reserves for the PFS, where Reserves amounted to 3.88 million ounces gold equivalent, at 4.57g/t AuEq (slide 6 posted below). Next is recapping the actual PFS numbers that show just how high margin this asset is, even at lower metals prices (slide 7 posted below). We then move to the life of mine annual production data (slide 8 posted blow). We also discuss the growth potential remaining at Eskay Creek (slide 11), comparisons to other open pit mines around the world (slide 12), and the low carbon emission aspect of the mine (slide 13)

If you have any follow up questions for Walter regrading this PFS or any other aspects of the Company please email us at Fleck@kereport.com or Shad@kereport.com.


Slide 6
Slide 7
Slide 8
Slide 11
Slide 12