Skeena Resources Ltd (SKE)

[douginil]

Skeena Completes Positive Metallurgical Testwork Program in Support of Upcoming PFS for Eskay Creek
NR: 21-03

Vancouver, BC (January 26, 2021) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to present key findings from recently completed metallurgical testwork in support of the upcoming Pre-Feasibility Study (“PFS”) for the Company’s Eskay Creek Project (“Eskay Creek” or the “Project”) located in the Golden Triangle of British Columbia. This latest campaign of testwork produced a modified plant flowsheet which resulted in improved results over the flowsheet included in the Eskay Creek Preliminary Economic Assessment (“PEA”). The PEA study report entitled “NI 43-101 Technical Report on Preliminary Economic Assessment” was filed on SEDAR by Skeena on December 20, 2019 and can be found on the Company’s website.

Highlights

- An extensive metallurgical testing program was conducted on fresh core samples from the 21A, 21B, 21C, 21E and HW Zones as well as samples included in the previous PEA testwork
- The process flowsheet now includes a desliming stage to improve flotation response for coarser material, resulting in the option of producing a higher gold concentrate grade and opportunities to reduce capital costs
- The testwork results further de-risks the Eskay Creek metallurgy and improves confidence in the process plant design for the upcoming PFS

Read more at:
https://mailchi.mp/250bc1fef69c/skeena-completes-positive-metallurgical-testwork-program-in-support-of-upcoming-pfs-for-eskay-creek?e=643847f53a