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Vancouver, BC (May 1 2020) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “company“ – https://www.rohstoffnacht-tv.de/mediathek/play/skeena-resources-neustart-von-eskay-creek-mine-in-kanada-laeuft-nach-plan/ ) is happy that Completion of February 4, 2020 Kau announcedcontract for the sale of 100% of Company’s interest in the GJ copper and gold property (the “GJ Property”) Newcrest Red Chris Mining Limited (“Newcrest“) known for C $ 7.5 million in cash give.
In accordance with the terms of the asset purchase contract with Newcrest In exchange for February 3, 2020, Skeena sold 100% of Skeenas Share in the plot of GJ:
– a C $ 7.5 million cash payment to Skeena; and
– The assumption of future payment obligations and license fees on GJ’s property by Newcrest, including those identified in the Company’s press release of June 6, October 2015 spelled were.
The transaction is subject to certain terms, including, but not limited to, receipt of all required consent and approval, including approval of the TSX Venture Exchange.
About Skeena
Skeena Resources Limited is a young Canadian mining exploration company focused on developing potential precious metal properties in the Golden Triangle in northwestern British Columbia, Canada. The company’s main activities are the exploration and development of the former Eskay Creek mine and Snip Mine.
On behalf of the Board of Directors of Skeena Resources Limited,
Walter Coles Jr.
President and CEO
Warning about forward-looking statements
Certain statements and information contained in this document may constitute “forward-looking information” and “forward-looking statements” within the meaning of the applicable securities laws of Canada and the United States. These statements and information are based on facts that are currently available to the company and there is no guarantee that actual results will meet management’s expectations. Forward-looking statements and information may be expressed using terms such as “in the future”, “anticipated”, “believe”, “goals”, “estimates”, “plans”, “wait”, “may”, “will”, “could” or “would”. The forward-looking statements and information contained in this document are based on certain factors and assumptions that include, among others, estimates of mineral resources and reserves, estimates of estimates of resources and reserves, metal prices, taxes, estimates, timing and amount of exploration. and future development, capital and operating costs, availability of funds, obtaining regulatory approvals, environmental risks, litigation and other matters. Although the Company believes its beliefs are reasonable at the time of this document, forward-looking statements and information are not guarantees of future performance, and readers should not place undue importance on such statements, as actual events and results differ materially. of those described here. can distinguish The company assumes no obligation to update any forward-looking statements or information unless required by applicable securities laws.
Neither the TSX Venture Exchange nor the investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.
In Europe:
Sto know Resource Capital AG
Jochen Staiger
www.resource-capital.ch
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