Skeena Resources Advances Eskay Creek Project with Key Approvals

Skeena Resources Limited announced significant progress on the Eskay Creek Gold-Silver Project with the approval of a Bulk Technical Sample permit. This milestone, authorized by the British Columbia Ministry of Mining and Critical Minerals, allows the extraction of a 10,000-tonne sample. This approval facilitates the release of up to US$200 million in funding from Orion Resource Partners to advance development activities in 2025.

Environmental assessment processes are underway, following the submission of the initial application in August 2024. Skeena's engagement with indigenous groups, notably the Tahltan Nation, marks Eskay Creek as the first project to potentially receive an Environmental Assessment Certificate authorized by a First Nations Government.

The Company conducts public consultations both in-person and online. Feedback from these sessions will shape the final Environmental Assessment application, expected to be submitted by late Q1 2025.