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Skeena Intersects 23.22 g/t AuEq (7.36 g/t Au, 1,189 g/t Ag) over 14.55 metres at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / December 5, 2018 / Skeena Resources Limited (TSX-V: SKE , OTCQ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 23.22 g/t AuEq (7.36 g/t Au, 1,189 g/t Ag) over 14.55 metres at Eskay CreekVANCOUVER, BC / ACCESSWIRE / December 5, 2018 / Skeena Resources Limited (TSX-V: SKE, OTCQX: SKREF) (''Skeena'' or the ''Company'') is pleased to announce additional Au-Ag drill results for eight holes from the recently completed Phase I surface drilling program at the Eskay Creek Project (''Eskay Creek'') located in the Golden Triangle of British Columbia. The multifaceted Phase I program was performed in the 21A, 21C and 22 Zones. Assays reported in this release are from the 21C Zone; assays from the remaining 21A and 22 Zones will be released when available. Reference images are presented at the end of this release as well as on the Company's website.Eskay Creek 21 C Zone Phase I Drilling - Current Highlights 3.00 g/t Au, 233 g/t Ag (6.10 g/t AuEq) over 10.84 m (SK-18-026) 4.02 g/t Au, 83 g/t Ag (5.12 g/t AuEq) over 11.25 m (SK-18-027) 9.86 g/t Au, 92 g/t Ag (11.10 g/t AuEq) over 14.34 m (SK-18-029) 7.36 g/t Au, 1,189 g/t Ag (23.22 g/t AuEq) over 14.55 m (SK-18-031) 6.39 g/t Au, 157 g/t Ag (8.48 g/t AuEq) over 27.50 m (SK-18-031) 4.23 g/t Au, 314 g/t Ag (8.42 g/t AuEq) over 14.50 m (SK-18-032)Gold 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 were nulled to a value of zero.21C Zone Phase I Drilling - DiscussionThe 2018 Phase I program in the 21C Zone was principally directed at collecting new material for an upcoming metallurgical optimization study. Historical drilling in this zone is tightly-spaced and sufficient for reporting dominantly indicated resources (see Resource Estimate for Eskay Creek reported September 17 2018). Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived in conjunction with historical drilling intercepts.A total of eight drillholes were fanned from a single collar location and totaled 2,012.6 m. Modelled mineralization an...