← Back to TranscriptAgent TranscriptAgent
← All mining companies

Skeena Gold & Silver

Gold developer, with a project stated to be in BC (British Columbia).

British Columbia · Canada — as stated on the recordings

developer gold British Columbia, Canada
Feb 2026 → May 2026Covered
7 of 10Topics on record
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 3 interviews with the company
Stage
Developer
Primary commodity
Gold
Jurisdiction
BC (British Columbia)
Latest appearance
15 May 2026
On record
3 interviews · 18 statements · 2 executives

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
4.6 6 million ounces of proven and probable reserves
Management-stated Walter Coles May 2026
Grade
3.4 gram average over life of mine; 5.5 grams per ton in first five to six years
Management-stated Walter Coles May 2026
Capital needed
around 565 million US
Management-stated Walter Coles May 2026
What happens next
reserves update coming this fall
Management-stated Walter Coles May 2026
The main open question
Economics rely on spot metal prices and hydro-power cost lock-in; no independent verification of NPV, capex, or the claimed over-100% IRR is presented.
Weighed from the statements below, not our opinion of the company.
Our reading

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Skeena Gold & Silver's own claims across 3 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the project has a 7 billion US dollar NPV at spot with a 565 million US capex and just-over-six-month payback, enabled by a locked-in life-of-mine hydroelectric contract at 4.5 cents per kWh.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Management says the project has a 7 billion US dollar NPV at spot with a 565 million US capex and just-over-six-month payback, enabled by a locked-in life-of-mine hydroelectric contract at 4.5 cents per kWh. The asset grades at 5.5 grams per ton in the first five-six years and carries 4.6 million ounces of proven and probable reserves, with exploration expected to grow reserves by roughly a third.

▼ Bear case

Economics rely on spot metal prices and hydro-power cost lock-in; no independent verification of NPV, capex, or the claimed over-100% IRR is presented.

Read the full case

Economics rely on spot metal prices and hydro-power cost lock-in; no independent verification of NPV, capex, or the claimed over-100% IRR is presented. Reserve growth from 4.6 to ~6 million ounces remains a forecast. Outside financing, permitting timeline, and construction risk are not addressed in available material.

◆ Watch next

Fall reserves update announcement and mine plan revision (targeting 12- to 15-year extension).

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Fall reserves update announcement and mine plan revision (targeting 12- to 15-year extension). Grid connection to BC Hydro electrical system by end of summer. Proof of capex discipline and on-time execution against the stated 565 million US budget under CEO Randy Riker.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 6 statements

The deposit 4

Key takeaway. Management reported that as of May 2026 the deposit holds 4.6 to 6 million ounces of proven and probable reserves and a resource of 6 million ounces.

Read the full summary

They also said they expect reserves to grow by about a third, from 4.6 to approximately 6 million ounces, highlighting exploration upside. The average grade over the life of mine is projected at 3.4 grams per ton, with the first five to six years expected to run at 5.5 grams per ton.

What was actually said
exploration upside
reserves expected to grow by about a third from 4.6 to approximately 6 million ounces
“We have an update coming this fall where we're going to increase the amount of reserves. We expect to grow the reserves by about a third to take it from you know approxim I mean currently 4.6 6 to approximately 6 million ounces.”
Walter Coles· 11 May 2026·
grade
3.4 gram average over life of mine; 5.5 grams per ton in first five to six years
“The average grade over the life of mine, the average grade is like 3.4 gram, but right now in the first five year, five, six years, we're averaging 5.5 grams uh per ton.”
Walter Coles· 11 May 2026·
reserve size
4.6 6 million ounces of proven and probable reserves
“right now we we have a a resource of about 6 million ounces and out of that we've got 4.6 6 million ounces of proven and probable reserves.”
Walter Coles· 11 May 2026·
Show the other 1 statement
resource size
6 million ounces
“right now we we have a a resource of about 6 million ounces and out of that we've got 4.6 6 million ounces of proven and probable reserves.”
Walter Coles· 11 May 2026·

Jurisdiction 2

Key takeaway. Management of Skeena Gold & Silver notes that the company operates in Canada, specifically in British Columbia (BC), as of May 2026.

What was actually said
country
Canada
“SK operated as an underground mine from 1994 until 2008”
Walter Coles· 11 May 2026·
region
BC (British Columbia)
“by the end of this summer we will be plugged into the uh BC hydroelect electrical grid”
Walter Coles· 11 May 2026·

Economics 6 statements

Economics 6

Key takeaway. Management of Skeena Gold & Silver reports project economics based on spot prices as of May 2026, including an NPV approaching US$7 billion, an IRR over 100%, and a payback period of just over six months.

Read the full summary

They estimate initial capital expenditure at around US$565 million. Operating costs benefit from a life-of-mine offtake contract priced at 4.5 cents US per kilowatt hour for hydroelectric power, the company says.

What was actually said
capex
around 565 million US
“the upfront capital cost on this asset is around $565 million US.”
Walter Coles· 11 May 2026·
irr
over 100%
“any idea as to the internal rate of return number over 100%.”
Walter Coles· 11 May 2026·
npv
approaching 7 billion US dollars at spot
“net present value of the project at at spot is is approaching uh 7 billion um uh dollars”
Walter Coles· 11 May 2026·
Show the other 3 statements
operating cost
life of mine offtake contract priced at 4.5 cents US per kilowatt hour for hydroelectric power
“we have a uh a life of mine offtake contract from BC hydro that is currently priced at 4 a.5 cents US per kilowatt hour.”
Walter Coles· 11 May 2026·
payback
just over six months
“we got a payback period of just over six months on this asset”
Walter Coles· 11 May 2026·
price assumption
at spot
“net present value of the project at at spot is is approaching uh 7 billion um uh dollars”
Walter Coles· 11 May 2026·

Timeline 3 statements

Timeline 3

Key takeaway. In May 2026, Skeena Gold & Silver management outlined several near-term milestones.

Read the full summary

They reported that a reserves update is coming this fall, and that with a mine plan update the mine life will increase from 12 to 15 years. Additionally, the company said it will be plugged into BC Hydro's electrical grid by the end of this summer.

What was actually said
milestone
reserves update coming this fall
“We have an update coming this fall where we're going to increase the amount of reserves.”
Walter Coles· 11 May 2026·
milestone
mine life will increase from 12 to 15 years with mine plan update
“Now we're going to come out with a mine plan update and the reserve the the um mine life will increase from 12 to 15 years.”
Walter Coles· 11 May 2026·
milestone
by the end of this summer will be plugged into BC hydroelectric electrical grid
“by the end of this summer we will be plugged into the uh BC hydroelect electrical grid through that hydroelectric facility”
Walter Coles· 11 May 2026·

Corporate 3 statements

Management 1

What was actually said
track record
CEO Randy Riker has proven track record of building mines on time and on budget
“I brought in a fellow by the name of Randy Riker who is uh a fellow with a proven track record of building minds on time and on budget.”
Walter Coles· 11 May 2026·

Share structure 1

What was actually said
shares outstanding
market cap just under four billion US dollars
“Today our our market cap is is just under four billion US dollars.”
Walter Coles· 11 May 2026·

Market 1

What was actually said
cost curve position
approximately four times the gold per ton of rock compared to typical open pit mines
“the amount of gold per ton of rock that we mine is roughly four times what the typical open pit mine has.”
Walter Coles· 11 May 2026·

Sources 3 interviews

Every interview 3

DateChannelInterviewStatements
15 May 2026 The Deep Dive Why Copper Could Be Heading to a Price No One Is Ready For | Craig Parry - Vizla No claims identified
11 May 2026 Rule Investment Media Walter Coles, Executive Chairman of Skeena Gold & Silver | Rule Symposium 2026: Rick Rule interviews 18
25 Feb 2026 Jimmy Connor Skeena Gold + Silver | Walter Coles and Jimmy Connor No claims identified

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

orion 2
kkr 2
bank of america 2
blackstone 2
silver 2
eskay creek 2
gold 2
copper pond project 1

Questions people ask

What is Skeena Gold & Silver's project and where is it?

Skeena Gold & Silver is a developer gold company, with a project stated to be in British Columbia, Canada. Everything here is drawn from its executives' own interviews.

Which interviews mention Skeena Gold & Silver?

We track 3 interviews mentioning Skeena Gold & Silver, across 3 channels (Jimmy Connor, Rule Investment Media, The Deep Dive).

What are investors saying about Skeena Gold & Silver?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Skeena Gold & Silver cover?

The most-discussed topics on record are economics, the deposit, timeline, jurisdiction — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

Workspace Intelligence
YOUR AGENT
Investigation
Open the latest investigation, or start a new one from the left.

Notice

Loading…