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Skeena Intersects 11.03 g/t AuEq over 39.66 metres in 21A Zone Infill Drilling at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / September 9, 2020 / Skeena Resources Limited (TSX: SKE )(OTCQX:...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 11.03 g/t AuEq over 39.66 metres in 21A Zone Infill Drilling at Eskay CreekVANCOUVER, BC / ACCESSWIRE / September 9, 2020 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce new gold-silver assay results from the 2020 Phase I surface drilling program at the Eskay Creek Project (\"Eskay Creek\") located in the Golden Triangle of British Columbia. Six helicopter supported drill rigs are currently active for the 2020 Phase I program in the 21A, 21B and 21C Zones for Pre-Feasibility Study (\"PFS\") resource category conversions. The Company is also drilling in the near-mine environment testing the Water Tower Zone (\"WTZ\") and the largely underexplored Lower Mudstone sequences which lie beneath the Contact Mudstone that was historically mined. Reference images are presented at the end of this release as well as on the Company's website.Phase I Eskay Creek 21A and 21C Zones Infill Drilling Highlights:5.05 g/t Au and 449 g/t Ag (11.03 g/t AuEq) over 39.66 m (SK-20-292) - 21A Zone5.47 g/t Au and 9 g/t Ag (5.59 g/t AuEq) over 12.25 m (SK-20-307) - 21C Zone3.59 g/t Au and 14 g/t Ag (3.77 g/t AuEq) over 16.50 m (SK-20-321) - 21C ZoneGold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. Length weighted AuEq composites were constrained by geological considerations. Grade capping of individual assays has not been applied to the Au and Ag assays informing the length weighted AuEq composites. Processing recoveries have not been applied to the AuEq calculation and are disclosed at 100%. Samples below detection limit were nulled to a value of zero.21A Zone Infill Drilling Intersects High-grade Silver MineralizationThe infill component of the Phase I program continues to confirm and increase the continuity and grade of the modelled mineralization in the 21A Zone as demonstrated by an intersection of 5.05 g/t Au and 449 g/t Ag (11.03 g/t AuEq) over 39.66 m (SK-20-292), as was expected by the geological concept model. Differing from the surrounding drill holes, which inform the current Mineral Resource Estimate (\"MRE\"), this drill hole intercepted a slightly thicker interval with a substantial increase in...