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Skeena Intersects 14.82 g/t AuEq Over 31.30 Metres at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / February 11, 2020 / Skeena Resources Limited (TSX.V: SKE ) (O...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 14.82 g/t AuEq Over 31.30 Metres at Eskay CreekVANCOUVER, BC / ACCESSWIRE / February 11, 2020 / Skeena Resources Limited (TSX.V:SKE) (OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce additional gold-silver drill results from the2019 Phase I surface drilling program at the Eskay Creek Project (\"Eskay Creek\") located in the Golden Triangle of British Columbia. Four surface drill rigs were utilized for the 2019 Phase I program in the 21A, 21E and HW Zones to infill and upgrade areas of Inferred resources to the Indicated classification. Drill hole results reported in this release are from the 21A, 21E and HW Zones. Reference images are presented at the end of this release as well as on the Company's website.Phase I Eskay Creek Drilling Highlights:11.53 g/t Au, 247 g/t Ag (14.82 g/t AuEq) over 31.30 m (SK-19-172) - 21A Zone 15.02 g/t Au, 70 g/t Ag (15.96 g/t AuEq) over 18.26 m (SK-19-171A) - 21A Zone1.51 g/t Au, 355 g/t Ag (6.24 g/t AuEq) over 21.00 m (SK-19-201) - 21E Zone2.83 g/t Au, 44 g/t Ag (3.42 g/t AuEq) over 25.00 m (SK-19-208) - 21E 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. 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 are nulled to a value of zero.2019 Drilling Continues to Intersect Increased Grades, While Confirming WidthsInfill drilling within the 21A Zone continues to improve upon historically defined grades as demonstrated by 2019 Phase I drill hole SK-19-172 which intersected 14.82 g/t AuEq over 31.30 metres. This drilling confirms the 21A Zone thickness as indicated by the nearest historical drill hole in the current mineral resource model which is located 20 metres down-dip and intersected slightly lower grade mineralization of 7.63 g/t AuEq over 26.90 metres (CA89-080).Likewise, additional up-dip confirmation was provided by drill hole SK-19-061 which averaged 10.56 g/t AuEq over 27.50 metres and correlates very well with previously reported thickness from 2018 Phase I drill hole SK-18-0...