Skeena Announces Discovery of New 23 Zone at Eskay Creek: 2.33 g/t AuEq over 59.91 metres and 1.08 g/t AuEq over 90.00 metres

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[{"type":"text","content":"Skeena Announces Discovery of New 23 Zone at Eskay Creek: 2.33 g/t AuEq over 59.91 metres and 1.08 g/t AuEq over 90.00 metresVANCOUVER, BC / ACCESSWIRE / January 19, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) (\"Skeena\" or the \"Company\") is pleased to announce the discovery of a significant zone of near surface, footwall style mineralization, the 23 Zone. This new zone is outside the limits of the Company's current pit-constrained mineral resources at the Eskay Creek gold-silver project (\"Eskay Creek\" or the \"Project\") located in the Golden Triangle of British Columbia. Analytical results from the recently completed drill holes are detailed in this release. Reference images are presented at the end of this release as well as on the Company's website.New 23 Zone Discovery Highlights:0.99 g/t Au, 6.5 g/t Ag (1.08 g/t AuEq) over 90.00 m (SK-21-945)1.30 g/t Au, 31.4 g/t Ag (1.72 g/t AuEq) over 43.39 m (SK-21-946)2.14 g/t Au, 14.6 g/t Ag (2.33 g/t AuEq) over 59.91 m (SK-21-947)Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths and zone geometries cannot be definitively determined at this time. Grade-capping of individual assays has not been applied to the Au and Ag assays informing the length-weighted AuEq composites. Metallurgical processing recoveries have not been applied to the AuEq calculation and are taken at 100%. Samples below detection limit were nulled to a value of zero.New 23 Zone Discovered Outside Current ResourcesSituated beyond the extents of the currently defined pit-constrained resources at Eskay Creek, the Company has discovered a new zone of near surface Au-Ag mineralization beginning only 15 m vertically below surface. This new 23 Zone was revealed by Q4 2021 drilling as part of the ongoing regional exploration program.Positioned 200 m east of the high-grade 21A Zone, the area was historically drilled from surface by previous operators on widely spaced drill centers. Selective drill hole sampling during this era meant that the discovery of the larger and more robust mineralized widths observed as a result of the 2021 drilling program, were missed historically. This lack of non-continuous historical sampling is evidenced by 2021 drill hole SK-21-947 which intersected 2.14 g/t Au, 14.6 g/t Ag (2.33 g/t AuEq) over 59.91 m only metres away from historical 1990 d...

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