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Skeena Resources Ltd.
Summary
| Project: | Snip | |
|---|---|---|
| Deposit: | Snip | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-12-2017: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Snip deposit at the Snip project. Drilling results incl. 1.5m @ 341g/t Au from 74.50m. Vancouver, BC (December 12, 2017) Skeena Resources Limited (TSX.V: SKE) (“Skee | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ron Nichols (Internal) | |
| ABSTRACT: | Vancouver, BC (December 12, 2017) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce results from the first 17 holes of the current 72 hole, 9,000 metre underground drill program at the Company’s flagship Snip gold project (“Snip”) located in the Golden Triangle of British Columbia. Cross sections and additional drill hole data are available on the Company’s website here. A detailed table of length-weighted gold composites is presented at the end of this news release. Underground drill hole UG17-013 intersected 341.00 g/t Au over 1.50 metres across a singular sample of mineralized 150 Vein. This intersection is located 15 metres downdip of an historic 150 Vein stope and substantiates the historic data as it matches spatially the modeled 150 Vein which was interpreted solely from historical drilling. The tenor and location of this intersection is also supported by 1996-era underground drill holes UG-1302 (23.81 g/t Au over 5.20 metres) and UG1304 (165.17 g/t Au over 1.90 metres) which occur 45 metres and 20 metres downdip of UG17-013. The other three 2017 drill holes fanned on this section (UG17-010, UG17-011 and UG17-012) all intersected a previously unidentified 150 Vein stope between the 260 and 220 levels. However, these historical intersections do not occur within the newly recognized stope and may represent a mineralized structure parallel to and within the footwall of the 150 Vein. | |
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