Skeena Resources (TSE:SKE) has released an update.
Skeena Resources Limited has successfully secured a massive US$750 million funding package from Orion Resource Partners for its Eskay Creek Gold-Silver Project, aiming to propel the project towards its production phase slated for the first half of 2027. This financial boost, inclusive of equity, a gold stream, a senior loan, and a cost over-run facility, promises to minimize risks and enhance operational flexibility. Skeena’s strategic funding arrangement, coupled with a positive feasibility study, paves the way for significant value creation for stakeholders as the project gears up for growth.
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