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Skeena Resources Ltd.

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Summary

Project:

Snip

Deposit:Snip
Location:Canada
Commodities:Gold
Date:1/11/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-1-2018: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Snip deposit at the Snip project. Drilling results incl. 11.85m @ 19.26g/t Au from 129.00m. Vancouver, BC (January 11, 2018) Skeena Resources Limited (TSX.V: SKE) (“S
Resources:x
CP/QP:[Overall Report]: Ron Nichols (Internal)
ABSTRACT:Vancouver, BC (January 11, 2018) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce additional drill results from 13 holes at the Company’s Snip gold project (“Snip”) located in the Golden Triangle of British Columbia. Cross sections and drill hole data are available on the Company’s website. A detailed table of lengthweighted gold composites is presented at the end of this news release. Assays are still pending for 21 holes of the 62 underground drill holes completed in 2017. Underground drill hole UG17-035 on Section 4920E intersected two previously undrilled mineralized sections of the eastern Twin Zone grading 19.26 g/t Au over 11.85 metres followed by a second interval grading 11.21 g/t Au over 5.95 metres. These new intersections are located 60 metres up dip of historic drill hole UG-56 (drilled in 1988), which intersected 14.73 g/t Au over 4.00 metres. On the same section 100 metres up dip of the new occurrences, 2017 drill hole UG17-036 intersected additional mineralization grading 35.49 g/t Au over 4.35 metres. The Twin Zone was further extended on Section 4900E by drill holes UG17-027 and UG17-028 which intersected 74.35 g/t Au over 2.00 metres and 6.77 g/t Au over 7.56 metres respectively.

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