For thousands of other reports visit RSC's Mineral Intellingence Map
Skeena Resources Ltd.
Summary
| Project: | Spectrum | |
|---|---|---|
| Deposit: | Spectrum | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 8/24/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-8-2016: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Spectrum deposit at the Spectrum project. Drilling results incl. 228.00m @ 0.61g/t Au, 0.08% Cu, 1.0g/t Ag from 90.00m. Vancouver, BC (August 24, 2016) Skeena Resourc | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rupert Allan, Michael Cathro (Internal) | |
| ABSTRACT: | Vancouver, BC (August 24, 2016) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce initial drill results from the Spectrum gold-copper project (“Spectrum”) and the commencement of drilling at the Snip gold project (“Snip”), both located in the Golden Triangle of northwest British Columbia. Walter Coles Jr., President & CEO of Skeena, stated, “We have two significant exploration programs underway. At Snip, assays for high-grade gold targets should be available starting in the middle of September. In contrast, the drilling at Spectrum is intended to expand and establish continuity of porphyry-style mineralization along the western section of a conceptual pit area. Previously, little to no drilling was completed in this section and therefore the material was poorly constrained or categorized as waste. The initial results at Spectrum indicate that the mineralization continues to the west, with meaningful improvement in grade particularly to the southwest. This effort will expand the current Spectrum 43-101 gold-copper resource and positively affect the potential economics of the deposit by reducing the stripping ratio and increasing the potential plant feed tonnage.” The initial assays from 3 holes at Spectrum intersected long intervals of Au-Cu mineralization as predicted by geological and geophysical work. Approximately 3,425 metres of drilling have been completed to date over 12 holes with 9 of those being widely spaced, resource definition holes designed to expand porphyry-style Au-Cu tonnage of the Central zone deposit (see 43-101 resource estimate report, dated May 31, 2016, which is available on SEDAR and on the Skeena website). Assay results for the initial 3 holes are highlighted below while results for other holes are pending. A drill plan and list of collars are available on the Skeena website. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report