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Skeena Resources Secures Final Permit for Eskay Creek Mine

Skeena Resources shares surged Tuesday after the company received the final regulatory approval required to restart production at its Eskay Creek gold and silver project in British Columbia. The granting of the Environmental Management Act permit concludes the permitting phase, clearing the path for the site to transition into commercial development with a projected restart date in the second quarter of 2027.

The Road to 2027 Production

Following the announcement, the company’s stock rose 5.5% to C$42.01 in morning trading. This latest gain extends a significant rally for the precious metals developer, with shares climbing 84% over the past three months as investors anticipated the final green light for the flagship asset.

Located within the province’s prolific Golden Triangle, Eskay Creek sits on the site of a former producing mine. Skeena aims to transform the property into one of the world’s highest-grade and lowest-cost open-pit operations. Beyond its primary gold output, the project is expected to generate substantial silver by-product production, according to company statements.

The permit from the British Columbia government represents the final administrative hurdle for the project. With the regulatory framework now fully in place, the company is shifting its focus toward construction and operational readiness to meet its mid-2027 target.

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