- Skeena Resources is advancing its **fully financed** SK Creek project, an open-pit gold-silver mine, towards production in **2027**.  **[1713748_2137475_0]** **[1713748_2137475_1]**  The company expects to receive final permits, including the EA certificate and Major Mines Act permit, in **Q4 2025**.  **[1713748_2137475_0]** 
- The project is projected to generate **$1 billion** in annual after-tax free cash flow and **$1.7 billion** in annual EBITDA in the first five years of operation at spot prices, with an after-tax IRR of **80%** and a payback period of **0.6 years**.  **[1713748_2137475_0]** **[1713748_2137475_1]** 
- SK Creek is expected to produce approximately **450,000 ounces of gold equivalent metal** and **9.5 million ounces of silver** annually in its initial five years, with a life-of-mine grade of **5.5 grams per ton equivalent**.  **[1713748_2137475_0]** **[1713748_2137475_2]** 
- The company's current market capitalization is **$3 billion**, with a projected target valuation of **$10 billion** within two years as it moves into cash flow and production.  **[1713748_2137475_1]** **[1713748_2137475_2]**

Skeena Resources (SKE)