Skeena cheers Tahltan Nation support of Eskay IBA

Executive Summary

• The Tahltan Nation has voted in favor of the Impact Benefit Agreement (IBA) regarding the development and future operation of Skeena Resources Ltd.'s 100%-owned Eskay Creek gold-silver project.
• The IBA establishes a framework for shared benefits, including employment opportunities, training initiatives, elder facility financing, and financial participation for the Tahltan Nation.
• A final decision from the Tahltan Central government board of directors regarding consent to the project is scheduled for consideration in January 2026.

Key Details

• Vote Outcome: The Tahltan Nation membership voted in favor of the proposed Impact Benefit Agreement (IBA) for the Eskay Creek project.
• Next Steps: The Tahltan Central government board of directors will consider consent to the Eskay Creek project in January 2026.
• IBA Framework Terms:
  • Employment and business opportunities for Tahltan members and companies.
  • Training and education initiatives to build long-term capacity.
  • Financing for a facility to benefit Tahltan elders.
  • Meaningful financial participation in the Eskay Creek project.
• Project Context: Eskay Creek is a past-producing mine located in the Golden Triangle of British Columbia, Canada, described as a high-grade, low-cost open-pit precious metals mine with substantial silver byproduct production.

Notable Quotes

• Walter Coles, Executive Chairman: "We extend our sincere appreciation to the leadership of the Tahltan central government, Tahltan Band and Iskut Band for trusting Skeena to advance Eskay Creek. The ratification of this IBA reflects the hard work we have achieved together. This innovative agreement sets new industry standards for first nation involvement in environmental protection and sharing of benefits from the project."
• Justin Himmelright, Senior Vice-President of External Affairs: "We see the IBA as the foundation for a long-term, meaningful partnership between Eskay Creek and the Tahltan Nation. Over the years, the Tahltan Nation has played a key role in shaping the direction of the project. They have shared their environmental, cultural and economic priorities and we have worked together to ensure those values are reflected in the project."