wshaw14
9 months ago
Not much news the past few months and thus not many eyes on this one. The next news I am looking for is pertaining to, ""With the successful conversion of over 570,000 gold ounces to the Indicated category, we are very pleased with the updated Mineral Resource Estimate for Snip,โ notes Randy Reichert, President & CEO. โThis Resource will form the basis of a detailed engineering study with project economics, which we anticipate being released in H1 2024. The study will demonstrate the potential benefits of adding Snip mineralization to the Eskay Creek Project as a satellite operation, likely including an increased mine life and improved concentrate payabilities at Eskay Creek. We look forward to continuing to unlock value for all stakeholders as we advance the Project."
wshaw14
1 year ago
In refernece to the work done at SNIP by Hothchilds.
"The project contains an estimated 840,000 ounces of gold at the indicated level, compared with 244,000 ounces previously, and 723,000 ounces of gold at the less certain inferred category, up from 402,000 ounces previously."
โEstimated indicated mineral resources have more than tripled while inferred resources have almost doubled compared to the 2020 estimate with grades at more than 10 grams per tonne,โ said chief executive Ignacio Bustamante."
https://www.proactiveinvestors.com/companies/news/975387/hochschild-mining-lifts-resource-estimate-for-snip-gold-project-in-canada-975387.html#:~:text=The%20project%20contains%20an%20estimated%20840%2C000%20ounces%20of,certain%20inferred%20category%2C%20up%20from%20402%2C000%20ounces%20previously.
wshaw14
2 years ago
https://skeenaresources.com/site/assets/files/5638/skeena_corporate_presentation_05_09_2023_website1.pdf
Something else not reflected in the above presentation: https://www.proactiveinvestors.com/companies/news/975387/hochschild-mining-lifts-resource-estimate-for-snip-gold-project-in-canada-975387.html
Hochschild Mining lifts resource estimate for Snip gold project in Canada
"The resource estimates were the first to be released by Hochschild for the project and follow on from Skeenaโs July 2020 maiden estimate.
The project contains an estimated 840,000 ounces of gold at the indicated level, compared with 244,000 ounces previously, and 723,000 ounces of gold at the less certain inferred category, up from 402,000 ounces previously.
wshaw14
2 years ago
as of March 1,2022. Many meters have been drilled since then ("THE FTSE-250 company plans to drill about 10,000 metres underground this year, of which about 70% will be infill drilling and the rest exploration. https://www.proactiveinvestors.com/companies/news/975387/hochschild-mining-lifts-resource-estimate-for-snip-gold-project-in-canada-975387.html
Hochschild Mining lifts resource estimate for Snip gold project in Canada
"The resource estimates were the first to be released by Hochschild for the project and follow on from Skeenaโs July 2020 maiden estimate.
The project contains an estimated 840,000 ounces of gold at the indicated level, compared with 244,000 ounces previously, and 723,000 ounces of gold at the less certain inferred category, up from 402,000 ounces previously.
โEstimated indicated mineral resources have more than tripled while inferred resources have almost doubled compared to the 2020 estimate with grades at more than 10 grams per tonne,โ said chief executive Ignacio Bustamante."
wshaw14
2 years ago
https://www.proactiveinvestors.com/companies/news/975387/hochschild-mining-lifts-resource-estimate-for-snip-gold-project-in-canada-975387.html
Hochschild Mining lifts resource estimate for Snip gold project in Canada
"The resource estimates were the first to be released by Hochschild for the project and follow on from Skeenaโs July 2020 maiden estimate.
The project contains an estimated 840,000 ounces of gold at the indicated level, compared with 244,000 ounces previously, and 723,000 ounces of gold at the less certain inferred category, up from 402,000 ounces previously.
โEstimated indicated mineral resources have more than tripled while inferred resources have almost doubled compared to the 2020 estimate with grades at more than 10 grams per tonne,โ said chief executive Ignacio Bustamante."
wshaw14
2 years ago
https://finance.yahoo.com/news/skeena-retains-100-ownership-snip-113000232.html
VANCOUVER, BC / ACCESSWIRE / April 5, 2023 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") announces that, effective immediately, Hochschild Mining PLC ("Hochschild") has terminated its option to earn into 60% of the Snip Gold Project ("Snip" or the "Project") in the Golden Triangle of British Columbia, Canada. This results in Skeena reassuming management of the Project and retaining 100% ownership.
Hochschild informed Skeena that they have satisfied the minimum annual expenditure requirements as highlighted in Skeena's September 19, 2018 news release. This implies that, at minimum, Hochschild has spent C$15 million on Snip to date. Skeena will receive all data and information generated by Hochschild since their notification of intent to earn into a 60% interest on October 15, 2021.
Randy Reichert, Skeena's President & CEO, commented "We are thrilled to have 100% of Snip back in our portfolio. In the months ahead, Skeena plans to investigate opportunities to bolster the Eskay Creek mine life by processing Snip ore at the Eskay Creek mill."
Skeena Resources Limited, Wednesday, April 5, 2023, Press release picture