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Skeena Resources Ltd.
Summary
| Project: | Eskay Creek | |
|---|---|---|
| Deposit: | Eskay Creek | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-10-2018: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Eskay Creek deposit at the Eskay Creek project. Drilling results incl. 42.65m @ 9.49g/t Au, 111g/t Ag from 78.35m. Vancouver, BC (October 10, 2018) Skeena Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Colin russell, Adrian Newton (Internal) | |
| ABSTRACT: | Vancouver, BC (October 10, 2018) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce additional Au-Ag drill results for three drill holes from the ongoing Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. The multifaceted Phase I program is being performed in the historically drill defined 21A, 21C and 22 Zones. A cross section and tabled data are presented at the end of this release and on the Company’s website. The Phase I drilling program on the 21A, 21C and 22 Zones is designed to infill and improve definition in areas with low drill density to a drill spacing sufficient to allow for future economic analyses, and to collect fresh material for an upcoming metallurgical characterization and testing program. As no historical drill core remains for any zones at Eskay Creek, new material must be collected for this purpose. Overall, the metallurgical drilling program is designed to gather unbiased, representative material that is spatially distributed throughout the various zones that will ultimately be used to optimize future economic analyses. The 21A Zone represents a significant portion of the pit constrained resources hosted at Eskay Creek, containing Indicated Resources of 207,000 oz AuEq grading 5.9 g/t AuEq and Inferred Resources of 418,000 oz AuEq grading 4.6 g/t AuEq. | |
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