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Skeena Commences Drilling at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / August 7, 2019 / Skeena Resources Limited (TSX.V: SKE , OTCQX: ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Commences Drilling at Eskay CreekVANCOUVER, BC / ACCESSWIRE / August 7, 2019 / Skeena Resources Limited (TSX.V:SKE, OTCQX:SKREF) (“Skeena” or the “Company”) is pleased to announce that surface drilling has commenced at the Eskay Creek Gold-Silver Project (“Eskay Creek” or the “Project”) located in the Golden Triangle of British Columbia.2019 Drill ProgramThe 2019 Phase I drill program at Eskay Creek will initially focus on converting pit constrained Inferred resources to Indicated resources via infill in the 22, 21A, 21E and HW Zones. These zones have been prioritized for helicopter supported drilling such that the remaining drilling in the 21B Zone can be performed with ground transported drill rigs later this year.This initial phase of drilling at Eskay Creek will total approximately 15,000 metres over 200 drill holes with average drilling depths of 75 metres. Hole spacings required for indicated resources varies by zone but averages 15 to 20 metres between drill holes. A second drill rig will be mobilized to Eskay Creek in the coming weeks to accelerate the drilling schedule and may focus on exploration step-out holes to test for additional tonnage potential.The Company also plans to mobilize a drill rig to the Snip Gold Project later this fall for a 5,000 metre program targeting mineralization in the down plunge of the Twin Zone and in the 200 Foot Wall Zone.Eskay Creek PEA UpdateThe Preliminary Economic Assessment (“PEA”) for Eskay Creek is currently being undertaken by Ausenco Engineering Canada Inc. (“Ausenco”) in Vancouver and is scheduled for completion in the third quarter of 2019. It will include an assessment of an open-pit mining scenario followed by flotation and pressure oxidation of the concentrate for precious metal recovery with tailings deposition similar to historical operations.Ausenco is a global diversified engineering, construction and project management company providing consulting, project delivery and asset management solutions to the resources, energy and infrastructure sectors; with experience in all stages of project development. Ausenco has previously been engaged on several global projects with similar characteristics and opportunities to Eskay Creek.About Eskay CreekIn December 2017, Skeena secured an optio...