Skeena Resources ( (TSE:SKE) ) just unveiled an update.
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Skeena Resources Limited has secured US$45 million in gold stream funding, part of a US$200 million arrangement, to further develop its Eskay Creek project. The funding supports pre-construction activities, with plans to commence production by 2027, and includes a buyback provision to potentially enhance cash flows. The company is making progress with infrastructure development and permitting, crucial for advancing the project.
More about Skeena Resources
Skeena Resources Limited is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the Golden Triangle of British Columbia, Canada. The company aims to establish one of the highest-grade, lowest-cost open-pit precious metals mines in the world, alongside fostering partnerships with Indigenous communities and committing to sustainable mining practices.
YTD Price Performance: -0.30%
Average Trading Volume: 302,510
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.45B
See more insights into SKE stock on TipRanks’ Stock Analysis page.
