The Eskay Creek Revitalization Project is focused on reopening the historical underground mine as a conventional truck and shovel open-pit operation that will produce a gold-silver concentrate on-site which will be transported off-site to third-party smelters. The project would produce 2.45 million ounces of gold and 70.9 million ounces of silver over the course of its approximate 10 year operating life. The project plans to utilize existing infrastructure of the former mine.
Eskay Creek is a historic mine site with an all-season access road and on-site facilities, including a permitted Tailings Storage Facility (TSF). Clean power will be accessed through the Coast Mountain Hydroelectric Facilities (Forrest Kerr, McLymont Creek and Volcano Creek run of the river), partly owned by the Tahltan Nation, or by accessing the main hydroelectric grid. The capital cost of the development is estimated to be C$488 million making the project financing achievable in the current economic environment.
Skeena is committed to the principles of UNDRIP and working collaboratively with local Indigenous Nations and local communities.