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Skeena Intersects 4.48 g/t AuEq over 28.50 metres at Eskay Creek
VANCOUVER, BC / ACCESSWIRE / October 27, 2020 / Skeena Resources Limited (TSX: SKE )(OTCQX: ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 4.48 g/t AuEq over 28.50 metres at Eskay CreekVANCOUVER, BC / ACCESSWIRE / October 27, 2020 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to report additional diamond drill core results from the Phase 1 combined campaign of definition and exploration drilling at the Eskay Creek Project (\"Eskay Creek\" or the \"Project\") located in the Golden Triangle of British Columbia. Phase 2 drilling continues with nine drill rigs currently active. The Phase 2 infill program is focused on Pre-Feasibility Study (\"PFS\") resource category conversions for the open-pit constrained resources. Reference images are presented at the end of this release as well as on the Company's website.Eskay Creek Phase I Infill Drilling - Highlights:3.96 g/t Au, 39 g/t Ag (4.48 g/t AuEq) over 28.50 m (SK-20-310)25.27 g/t Au, 2,185 g/t Ag (54.40 g/t AuEq) over 3.00 m (SK-20-319)3.06 g/t Au, 576 g/t Ag (10.74 g/t AuEq) over 9.00 m (SK-20-365)7.82 g/t Au, 172 g/t Ag (10.11 g/t AuEq) over 12.00 m (SK-20-370)5.27 g/t Au, 26 g/t Ag (5.62 g/t AuEq) over 22.07 m (SK-20-371)Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths range from 70-100% of reported core lengths. Length weighted AuEq composites are 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. Metallurgical processing recoveries have not been applied to the AuEq calculation and are taken at 100%. Samples below detection limit were nulled to a value of zero.Phase I Infill Drilling Confirms Modelled MineralizationThe recently completed Phase 1 portion of the infill drilling campaign at Eskay Creek confirms the predictability of the Company's 2019 Mineral Resource Estimate (\"MRE\"), which was largely informed by historical drilling results. As well, recent drill intercepts of grades and widths in the 21C Zone continue to correlate very well with the modelled Inferred mineralization (see section 10420 below).Precious metal tenor in the 21C Zone has been upgraded from previous Phase I drill holes as demonstrated by recently completed drill hole SK-20-310 which intersected 3.96 g/t Au, 39 g/t Ag (4.48 g/t AuEq) over 28.50 m. Previously reported flanking drill holes SK-20-302 and SK-20-362 inters...