Skeena Resources has released a detailed technical report and feasibility study regarding their Eskay Creek revitalization project.
That project is a proposed open-pit gold and silver mine, located in the golden triangle, roughly 61 kilometres northwest of Stewart.
According to the study, the mine is expected to produce 3.2 million gold equivalent ounces over its 9 year lifespan.
They also boast present after-tax net value of $1.41 billion, at a base case of 1700 US dollars and $19 Silver.
But, capital costs for the project also saw a 21 percent increase over last July’s estimates to $592 million, largely due to inflation on materials.
Eskay Creek is also projected to be one of the most environmentally friendly open-pit mines in the world, in terms of greenhouse gas emissions.
It is still subject to approval from both the province and Ottawa, as well as a consent agreement with the Tahltan Central Government.
