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Skeena Resources Unveils Major Gold-Copper Discovery at KSP Property
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Skeena Resources Unveils Major Gold-Copper Discovery at KSP Property

Story Highlights
  • Skeena Resources discovered a large gold-copper porphyry system at KSP Property.
  • The 2024 drilling program revealed significant mineralization, enhancing Skeena’s industry positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Skeena Resources ( (TSE:SKE) ) has shared an update.

Skeena Resources announced the discovery of a large gold-copper porphyry system at the KSP Property in the Golden Triangle, as revealed by their 2024 exploratory drilling program. The drilling, which consisted of 22 holes totaling 9,182 metres, uncovered significant mineralization, including 0.71 grams per tonne of gold over 381.47 metres. This discovery, alongside a corroborating geochemical anomaly and resistivity survey, presents a promising expansion opportunity for Skeena and enhances its positioning in the precious metals industry.

More about Skeena Resources

Skeena Resources is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project in the Golden Triangle of British Columbia, Canada. The company aims to establish Eskay Creek as one of the highest-grade and lowest-cost open-pit precious metals mines globally, with substantial silver by-product production. Skeena is committed to sustainable mining practices and fostering positive relationships with Indigenous communities, particularly in partnership with the Tahltan Nation.

YTD Price Performance: -0.44%

Average Trading Volume: 312,084

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.5B

For an in-depth examination of SKE stock, go to TipRanks’ Stock Analysis page.

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