Skeena Gold & Silver Secures Environmental Assessment Certificate and Federal Impact Assessment Approval for Eskay Creek

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Introduction to Skeena Resources Limited

Skeena Resources Limited (TSX: SKE, NYSE: SKE), also known as Skeena Gold & Silver, has achieved a significant milestone with the receipt of its Environmental Assessment Certificate (EAC) for the 100%-owned Eskay Creek Gold-Silver Project. Located in Northwestern British Columbia, Canada, this project has undergone a rigorous environmental assessment process, which included over 60 engagement sessions with local communities and more than 500 meetings with the Tahltan Central Government.

Environmental Assessment Process

The EAC was issued by the B.C. Minister of Mining & Critical Minerals and the B.C. Minister of Environment & Parks, with joint approval from the Tahltan Central Government. This process, initiated in August 2024, demonstrates the company’s commitment to responsible resource development and environmental sustainability. Skeena also engaged with local and non-local Indigenous groups, including the Nisga’a Lisims Government, Gitanyow Hereditary Chiefs, and the Tsetsaut Skii km Lax Ha Nation, among others. The company received over 4,000 written comments from community members, which were individually addressed throughout the environmental assessment process.

Historic Agreement and Community Engagement

The Tahltan Nation’s consent to the Project is embedded within the EAC, marking a historic first in Canada through a landmark Section 7 agreement signed in 2022 between the Government of British Columbia and the Tahltan Central Government. Nalaine Morin, Senior Vice President of Environment & Social Affairs of Skeena, emphasized the significance of this achievement, stating that it demonstrates what is possible when Indigenous rights and responsible resource development are advanced together. Randy Reichert, Chief Executive Officer of Skeena, also expressed his appreciation for the Government of British Columbia’s support and the Tahltan Nation’s partnership and collaboration over the last ten years.

Project Overview and Future Plans

Skeena is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a past producing mine located in the renowned Golden Triangle in British Columbia, Canada. The project is expected to be one of the highest-grade and lowest cost open-pit precious metals mines in the world, with substantial silver by-product production. Skeena is committed to sustainable mining practices and maximizing the potential of its mineral resources. In partnership with the Tahltan Nation, the company strives to foster positive relationships with Indigenous communities while delivering long-term value and sustainable growth for its stakeholders.

Conclusion and References

For further information, please contact Galina Meleger, Vice President Investor Relations, at info@skeenagold.com or visit the company’s website at www.skeenagoldsilver.com. You can also find more information about Skeena Resources Limited and the Eskay Creek Gold-Silver Project Here.

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Smart Tip for Readers

When researching mining companies, it’s essential to consider their environmental and social responsibility practices, as these can significantly impact the long-term sustainability and success of their projects. Always look for companies that prioritize community engagement, environmental assessments, and sustainable development to ensure a positive impact on the environment and local communities.

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