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Skeena Discovers Additional High Grade Mineralization at Eskay Creek Albino Waste Facility Including 10.13 g/t AuEq over 16.77 metres
VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Skeena Resources Limited (TSX: SKE )(NYSE: ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Discovers Additional High Grade Mineralization at Eskay Creek Albino Waste Facility Including 10.13 g/t AuEq over 16.77 metresVANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Skeena Resources Limited (TSX:SKE )(NYSE:SKE ) (\"Skeena\" or the \"Company\") is pleased to report new drilling results from the 2021 Phase II Albino Waste Facility (\"AWF\") investigation at the Eskay Creek gold-silver project (\"Eskay Creek\" or the \"Project\") located in the Golden Triangle of British Columbia. This expansion program, totaling 212 m over 12 vertical drill holes, was completed utilizing an air rotary drill rig from the surface of the permitted AWF in Q4 2021. 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.Eskay Creek AWF Phase II 2021 Highlights:5.90 g/t Au, 317 g/t Ag (10.13 g/t AuEq) over 16.77 m (SK-21-899)4.53 g/t Au, 168 g/t Ag (6.77 g/t AuEq) over 12.20 m (SK-21-901)5.84 g/t Au, 222 g/t Ag (8.80 g/t AuEq) over 13.72 m (SK-21-903)3.39 g/t Au, 156 g/t Ag (5.47 g/t AuEq) over 16.77 m (SK-21-908)3.76 g/t Au, 151 g/t Ag (5.77 g/t AuEq) over 16.76 m (SK-21-909)Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths equate to 100% of reported sample lengths. 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.Phase II Drilling Substantively Increases AWF MineralizationPhase II AWF expansion drilling has been very successful in increasing the Au-Ag mineralization discovered during the Company's initial drill program in Q1 2021. This new drilling was completed from a floating barge on the water surface of the AWF on 50 m staggered drill centers. Highlights of the drilling include SK-21-899: 5.90 g/t Au, 317 g/t Ag (10.13 g/t AuEq) over 16.77 m, SK-21-903: 5.84 g/t Au, 222 g/t Ag (8.80 g/t AuEq) over 13.72 m and are comparable in grade and width to the mineralization intersected in the Phase I program. Courtesy of this expansion drilling, mineralization within the AWF has now been increased to an area measuring 350 m by 125 m. The...