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Skeena Resources Adds Near Surface Mineralization in 22 Zone with 6.00 g/t AuEq over 26.28 metres

VANCOUVER, BC / ACCESSWIRE / January 6, 2021 / Skeena Resources Limited (TSX:SKE) (OTCQX:SKREF) ("Skeena" or the "Company") is pleased to report additional diam

articleSkeena Resources LimitedJanuary 6, 20214/company/skeena-resources-ltd/news/skeena-resources-adds-near-surface-mineralization-in-22-zone-with-600-gt-aueq-over-2628-metres
Skeena Resources Adds Near Surface Mineralization in 22 Zone with 6.00 g/t AuEq over 26.28 metres

About this update from Skeena Resources Limited

[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / January 6, 2021 / Skeena Resources Limited (TSX:SKE) (OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to report additional diamond drill core results from the Phase 1 and Phase 2 combined campaigns of definition and exploration drilling at the Eskay Creek Project (\"Eskay Creek\" or the \"Project\") located in the Golden Triangle of British Columbia. The Phase 2 infill program, focused upon resource category conversions for the Pre-Feasibility Study (\"PFS\") on open-pit constrained resources, is on-going with six drill rigs currently active. Reference images are presented at the end of this release as well as on the Company's website. Eskay Creek Infill Drilling Highlights 22 Zone 3.05 g/t Au, 221 g/t Ag (6.00 g/t AuEq), over 26.28 m (SK-20-481) 4.44 g/t Au, 228 g/t Ag (7.48 g/t AuEq), over 14.50 m (SK-20-500) 12.94 g/t Au, 503 g/t Ag (19.65 g/t AuEq), over 9.87 m (SK-20-507) 21 B & C Zone 3.65 g/t Au, 5 g/t Ag (3.71 g/t AuEq), over 25.71 m (SK-20-494) 3.23 g/t Au, 9 g/t Ag (3.35 g/t AuEq), over 29.35 m (SK-20-483) 2.82 g/t Au, 10 g/t Ag (2.95 g/t AuEq), over 31.10 m (SK-20-484) 5.34 g/t Au, 7 g/t Ag (5.44 g/t AuEq), over 28.65 m (SK-20-486) Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths range from 70-100% of reported core lengths. Apparent widths are reported for the 22 Zone due to the geometry of the mineralization and the orientation of the drill holes. 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. Shallow High-Grade Mineralization Discovered in 22 Zone Inferred mineralization reported in the Company's 2019 Mineral Resource Estimate for the southeastern portion of the 22 Zone was informed by widely spaced historical drill holes. The recent infill drilling program in the 22 Zone has discovered Au-Ag mineralization at surface within the resource reporting pit. The new discovery is highlighted by the 2020 Phase 1 intercept of 3.05 g/t Au, 221 g/t Ag (6.00 g/t AuEq), over 26.28 m which includes high-tenor sub-intervals gradi...

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