Meanwhile, the company reported that its underlying profit nearly doubled in H2 2020.

Infill drilling at Skeena Resources’ past-producing Eskay Creek gold-silver mine in B.C.’s Golden Triangle has returned wide intervals of high-grade mineralization.

Miner has reported its 2020 year-end reserve and resource update, outlining a total of 94.2 million oz. of attributable gold reserves — the largest in the industry.

The early works program will focus on clearing of key infrastructure areas.

Company said basic earnings per share for the full-year 2020 will range from $0.80 to $0.84, or 300% to 320% higher than the figure for the previous year.

Mining companies interested in bidding for potential exploration and development permissions in Colombia should register from Feb. 11 for multiple rounds this year.

The gold miner expects to report headline earnings per share between 229 cents and 247 cents for the year ended Dec. 31, 2020, compared with 91 cents reported a year earlier.

The company expects to start processing ore by year-end and achieve commercial production by the end of 2022.