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Skeena Intersects 27.04 g/t Au over 12.50 metres at Snip Gold Project
VANCOUVER, BC / ACCESSWIRE / August 4, 2021 / Skeena Resources Limited (TSX: SKE )(OTCQX: SK...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 27.04 g/t Au over 12.50 metres at Snip Gold ProjectVANCOUVER, BC / ACCESSWIRE / August 4, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to report diamond drill core results from the 2021 Phase 3 infill and exploration drilling program at the Snip gold project (\"Snip\" or the \"Project\") located in the Golden Triangle of British Columbia. The Phase 3 program is designed to upgrade areas of existing Inferred resources from the Company's 2020 Mineral Resource Estimate (MRE), to the Measured and Indicated categories. Reference images are presented at the end of this release as well as on the Company's website.Snip 2021 Phase 3 Drilling Highlights:390.00 g/t Au over 0.80 m (UG21-178)109.89 g/t Au over 1.19 m (UG21-180)29.31 g/t Au over 4.17 m (UG21-181)85.51 g/t Au over 3.50 m (UG21-182)85.91 g/t Au over 4.00 m (UG21-183)84.68 g/t Au over 1.94 m (UG21-184)164.50 g/t Au over 1.00 m (UG21-189)693.00 g/t Au over 0.50 m (UG21-192)27.04 g/t Au over 12.50 m (UG21-202)83.87 g/t Au over 2.44 m (UG21-205)74.59 g/t Au over 2.76 m (UG21-214)True widths range from 60-100% of reported core lengths. Length weighted Au composites are constrained by geological considerations. Grade-capping of individual assays has not been applied to the Au assays informing the length-weighted Au composites. Samples below detection limit were nulled to a value of zero.Additional Footwall Mineralization Intersected with Infill DrillingInfill drilling in the eastern footwall of the Snip deposit has confirmed and upgraded the modelled vein mineralization from the Company's 2020 MRE, as highlighted by intersection 27.04 g/t Au over 12.50 m, including high tenor subintervals grading 209.00 g/t Au over 0.67 m and 203.00 g/t Au over 0.69 m (UG21-202) . This drill hole is located only metres away from partially sampled 1998 historical drill hole, which due to a lack of sampling, only reported 2.11 g/t Au over 0.80 m (B570-2). Furthermore, UG21-202 is drilled parallel to another incompletely sampled historical drill hole UG-1623 which was drilled in 1997. The latter drill hole was only sampled over a 4.70 m interval that averaged 5.29 g/t Au. The incompletely sampled historical drill holes form the basis of the Company's 2020 MRE in this area.Implications of Selective SamplingThe historical drilling data...