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Skeena Resources Ltd.
Summary
| Project: | Snip | |
|---|---|---|
| Deposit: | Snip | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-12-2019: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Snip deposit at the Snip project. Drilling results incl. 1.50m @ 1131.91g/t Au from 249.60m. Vancouver, BC (December 18, 2019) Skeena Resources Limited (TSX.V: SKE, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | Vancouver, BC (December 18, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce initial analytical results from the recently completed Phase I surface exploration drilling program at the 100% owned Snip gold project (“Snip”) located in the Golden Triangle of British Columbia. The 2019 surface program consisted of 10 surface drill holes totaling 1,934 m which expanded exploration of the 200 Footwall Corridor. Reference images are presented at the end of this release as well as on the Company’s website. The 2019 Phase I drilling was designed to validate an isolated, historical and incompletely sampled high-grade intersection in the 200 Footwall Corridor. The original target in the 200 Footwall was identified by 1997 underground drill hole UG-2610 which intersected 26.83 g/t Au over 3.40 m in an incompletely sampled zone. The recent intercept in drill hole S19-044 has discovered a new occurrence of very high-grade mineralization averaging 1,131.91 g/t Au over 1.50 m including a significant subinterval containing abundant visible gold grading 3,390.00 g/t Au over 0.50 m. | |
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