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Skeena Resources Ltd.
Summary
| Project: | Eskay Creek | |
|---|---|---|
| Deposit: | Eskay Creek | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-10-2018: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Eskay Creek deposit at the Eskay Creek project. Drilling results incl. 28.50m @ 14.02g/t Au, 707g/t Ag from 66.50m. Vancouver, BC (October 1, 2018) Skeena Resources L | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Colin russell, Adrian Newton (Internal) | |
| ABSTRACT: | Vancouver, BC (October 1, 2018) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce additional Au-Ag assay results for five holes from the ongoing Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. Base metal results are pending and will be disclosed once available. The multifaceted Phase I program is being performed in the historically drill defined 21A, 21C and 22 Zones. Reference images are presented at the end of this release as well as on the Company’s website. The Phase I drilling program on the 21A, 21C and 22 Zones is designed to upgrade Inferred Resources to Indicated Resources in areas with low drill density to allow for future economic analyses and to collect fresh core for a planned metallurgical characterization and testing program. No historical drill core remains for any zones at Eskay Creek. Therefore, new material must be collected for metallurgical evaluations. Overall, the metallurgical program is designed to gather unbiased, representative material that is spatially distributed throughout the various zones that will ultimately be used to optimize future mine planning. Core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. | |
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