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Skeena Intersects 33.82 g/t AuEq Over 22.50 Metres at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / May 5, 2020 / Skeena Resources Limited (TSX.V: SKE) (OTCQX: SKR...
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[{"type":"text","content":"Skeena Intersects 33.82 g/t AuEq Over 22.50 Metres at Eskay CreekVANCOUVER, BC / ACCESSWIRE / May 5, 2020 / Skeena Resources Limited (TSX.V:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce final gold-silver drill results for the 4,327 metres completed so far this year from the Company's 2020 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 2020 Phase I program in the 21A, 21B and 21C Zones to infill drill and enable upgrading areas of Inferred resources to the Indicated classification. Reference images are presented at the end of this release as well as on the Company's website.Phase I Eskay Creek Drilling Highlights32.21 g/t Au, 121 g/t Ag (33.82 g/t AuEq) over 22.50 m (SK-20-270) - 21B ZoneIncluding 753.00 g/t Au, 445 g/t Ag (758.93 g/t AuEq) over 0.83 m 5.90 g/t Au, 14 g/t Ag (6.09 g/t AuEq) over 24.55 m (SK-20-271) - 21B ZoneIncluding 25.60 g/t Au, 56 g/t Ag (26.35 g/t AuEq) over 1.50 m 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 are nulled to a value of zero.21B Zone Continues to Demonstrate High Tenor Infill drilling within the 21B Zone has intersected substantial high-grade mineralization as predicted and demonstrated by adjacent intercepts of 32.21 g/t Au, 121 g/t Ag (33.82 g/t AuEq) over 22.50 m, including 753.00 g/t Au, 445 g/t Ag (758.93 g/t AuEq) over 0.83 m (SK-20-270). This mineralization is hosted within the contact mudstones as well as mudstone-rhyolite breccias and improves upon the grades from the surrounding historical drill holes, including 4.94 g/t AuEq over 19.75 m (6636) and 0.73 g/t AuEq over 3.32 m and 0.88 g/t AuEq over 6.13 m (CA90-537).Increased gold-silver tenor in the 21B Zone was established by an intersection in Phase I drilling of 5.90 g/t Au, 14 g/t Ag (6.09 g/t AuEq) over 24.55 m (SK-20-271) which is proximal to anothe...