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Skeena Resources Limited
As of May 30, 2026 at 24:05 UTC
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About Skeena Resources Limited
Skeena Resources Ltd is a mining company in development stage focusing on the construction and development of the Eskay Creek project in British Columbia. Eskay Creek is the next global gold development project and represents one of the highest-grade and lowest-cost open-pit precious metals mines, with substantial silver by-product production.
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Latest News
5 articlesSkeena Resources Limited reported interim financial results for Q1 2026, with the fully permitted Eskay Creek Gold-Silver Project progressing toward initial production in Q2 2027. The company completed a US$750 million Senior Secured Notes offering to optimize its capital structure and fund construction of what is expected to become one of the world's highest-grade and lowest-cost open-pit precious metals mines.
Helikon Investments increased its stake in Skeena Resources by purchasing 634,156 shares worth $19.48 million in Q1 2026, bringing its total position to 18.47% of AUM. The move signals high conviction in the company's transition from speculative mining to an operating asset, with Skeena's flagship Eskay Creek project 49% complete and on track for production in Q2 2027. The stock has surged 140% over the past year, though project costs rose to $659 million due to inflation and infrastructure upgrades.
Skeena Resources Limited has received its British Columbia Mines Act Permit for the Eskay Creek Gold-Silver Project, a major milestone toward commercial production. The company anticipates receiving the final Environmental Management Act permit in February 2026, with initial production expected in Q2 2027. The project is a past-producing mine in BC's Golden Triangle and is positioned to be one of the world's highest-grade, lowest-cost open-pit precious metals mines.
Trident Resources reported positive diamond drill results from its Contact Lake Gold Project in Saskatchewan, with drill holes revealing significant gold mineralization, including 7.03 gpt gold over 43.25m and high-grade zones suggesting potential for future exploration.
Skeena Resources Limited has filed a prospectus supplement for a bought deal financing of 5,210,000 common shares at C$24.00 per share, raising approximately C$125 million, with potential additional proceeds through an over-allotment option.