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Skeena Intersects 9.14 g/t Au Over 10.2 Meters at Snip
VANCOUVER, BC / ACCESSWIRE / June 26, 2018 / Skeena Resources Limited (TSX.V: SKE , OTCQX: ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Intersects 9.14 g/t Au Over 10.2 Meters at SnipVANCOUVER, BC / ACCESSWIRE / June 26, 2018 / Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (\"Skeena\" or the \"Company\") is pleased to announce additional assays from 11 holes of the Phase II underground drilling program at the Company's 100% owned Snip Gold Project (\"Snip\") located in the Golden Triangle of British Columbia.The Phase II drilling program totaling 11,000 m is being performed from existing underground infrastructure utilizing two drill rigs. Building upon the data gathered from the 2017 Phase I campaign, the 2018 program is designed to expand newly modelled zones via widely spaced exploratory drill step outs, and further delineate known mineralization in areas of low drilling density. Reference mine sections are presented at the end of this release as well as on the Company's website.Phase II Drilling Highlights: 5.60 g/t Au over 19.85 m (UG18-091) 13.00 g/t Au over 4.00 m (UG18-091) 72.00 g/t Au over 0.50 m (UG18-091) 11.13 g/t Au over 3.75 m (UG18-092) 6.65 g/t Au over 7.50 m (UG18-092) 9.14 g/t Au over 10.20 m (UG18-093)Eastern Twin Zone Continues to EvolveThe ongoing Phase II underground delineation drilling program at Snip continues to demonstrate high gold grades and widths of mineralization in the evolving Eastern Twin Zone target as established by 2018 drillholes UG18-091, UG18-092 and UG18-093. Drillhole UG18-091 intersected 8.16 g/t Au over 3.75 m and 7.17 g/t Au over 9.10 m hosted in a larger interval grading 5.60 g/t Au over 19.85 m situated 25 m down-dip of UG18-092 which averaged 6.65 g/t Au over 7.50 m. The continuity and width of the mineralization was further expanded 50 m up-dip of the latter interval by drillhole UG18-093 which intersected 9.14 g/t Au over 10.20 m.200 Footwall Corridor Geometry DefinedThe first series of widely-spaced exploratory drill holes in the newly modelled 200 Footwall Corridor target were all successful in delineating a large structure oriented subparallel to the historically mined Twin Zone which occurs as a strongly altered, dense network of en-echelon veining hosted within a succession of sheared metasediments. The current interpretation based upon the Phase II drilling information is that the gold mineralization occurs within a shallowly plunging zone contained within the larger 200 Footwall structure in...