Skeena Loses Appeal Over BC Chief Gold Commissioner Decision At Albino Waste Storage Facility

It appears that the decision of the BC Chief Gold Commissioner is all but final for Skeena Resources (TSX: SKE) as it relates to a decision handed down in February for materials at its Albino Waste Storage Facility. The company has seen its appeal to the British Columbia Supreme Court dismissed by Justice Iyer.

The appeal dismissal relates to a decision made by the BC Chief Gold Commissioner on a matter between Skeena Resources and an individual, Richard Mill. Mill managed to secure a mineral claim on lands underneath Skeena’s Albino Lake Storage Facility, and then in August 2021 applied to the Commissioner for a determination on who owns materials deposited into the facility by previous operators of the Eskay Creek Mine.

The materials in question consists of tailings and minerals containing sulfides and deleterious elements. The materials had come from the Eskay Creek Mine, and were subsequently managed by Skeena under a Lands Act surface lease as well as authorizations via the Mines Act and Environmental Management Act. The materials had previously been actively managed and environmentally monitored by Skeena and Barrick Gold, prior to Skeena taking ownership of the asset.

“We feel this sets a grave precedent for mineral exploration, development, and environmental liability management in British Columbia. Skeena will utilize all legal avenues to remedy this situation within the BC court system and we have already begun the appeal process,” said CEO Walter Coles at the time of the ruling in February 2022.

Skeena has indicated it intends to appeal the decision to dismiss its appeal on the matter.

As we said in February: “the lesson here appears to be simple – if you’re going to accept the environmental liability for historic materials, make sure you actually own the rights to them – and the mineral claims for where they’re situated.

Skeena Resources last traded at $7.62 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Skeena Resources Looks To Repurchase 0.5% NSR At Eskay Creek

Skeena Resources (TSX: SKE) is looking to repurchase a net smelter return royalty currently outstanding...

Monday, September 19, 2022, 08:18:47 AM

Skeena Files Permit Applications For Eskay Creek Project

Skeena Resources (TSX: SKE) is reporting this morning that it has made progress on the...

Monday, May 5, 2025, 09:40:11 AM

Skeena Resources Announces Fully Subscribed $20 Million Flow Through Financing

Skeena Resources (TSX: SKE) this morning announced that it will be conducting a flow-through financing....

Wednesday, February 24, 2021, 09:15:23 AM

Skeena Resources Completes $7 Million Financing

Skeena Resources (TSX: SKE) announced on Friday that it has closed its previously announced non-brokered...

Monday, September 20, 2021, 09:47:00 AM

Skeena Discovers Gold-Copper Porphyry System At KSP, Hits 0.71 g/t Gold Over 381.47 Metres

Skeena Resources (TSX: SKE) is reporting this morning that it has discovered a gold-copper porphyry...

Thursday, January 16, 2025, 08:51:41 AM