BRIEF

on Skeena Resources Limited (NASDAQ:SKE)

Skeena Announces Positive Judgment by the British Columbia Court of Appeal

Stock price chart of Skeena Resources Limited (EBR:SKE) showing fluctuations.

Skeena Resources Limited has announced that the British Columbia Court of Appeal has overturned a prior decision regarding the ownership of waste materials from the Eskay Creek Mine. The court ruled in favor of Skeena, concluding that the company did not relinquish its rights to the materials stored in the Albino Lake Storage Facility.

The former Chief Gold Commissioner had previously determined that Richard Mill owned the Eskay Creek Material, a decision upheld by the BC Supreme Court in 2022. The Court of Appeal found this determination to be incorrect, stating that the Province did not have the rights to grant ownership of the materials to Mr. Mill in 2017.

The matter will now be referred back to the current Chief Gold Commissioner for rehearing and reconsideration. Skeena Resources expressed satisfaction with the ruling and looks forward to further decisions on its ownership claims.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Skeena Resources Limited news