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StocksMedium•4 March 2026•

1 min read

Skeena Resources Secures $750M Financing for Eskay Creek Gold Mine

FDA and Novo Nordisk logos above a laboratory scene with computer monitors, chemical structures, medicine bottles, and pills.

Key Facts

1Skeena Resources secured a $750 million financing package for the development of the Eskay Creek gold/silver mine.

2The project has received full regulatory approval, de-risking construction and operations.

Skeena Resources Limited has finalized a comprehensive $750 million financing package to fund the development of its Eskay Creek gold and silver project. This major financial milestone is accompanied by the receipt of full regulatory approvals, significantly de-risking the project's construction and operational phases. The high-grade mine is projected to commence initial production in the second quarter of 2027. Once operational, the facility aims for a target annual output of approximately 370,000 gold equivalent (AuEq) ounces. Analysts highlight the project's robust economics, featuring a low projected all-in sustaining cost (AISC) of just $687 per ounce. This strategic funding ensures the company is well-positioned to capitalize on current precious metal market strengths and deliver long-term value.