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Skeena Resources Announces 5.3 Moz at 4.3 g/t AuEq Measured and Indicated Resources at Eskay Creek

VANCOUVER, BC / ACCESSWIRE / April 7, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to announce an updated Miner

articleSkeena Resources LimitedApril 7, 20215/company/skeena-resources-ltd/news/skeena-resources-announces-53-moz-at-43-gt-aueq-measured-and-indicated-resources-at-eskay-creek
Skeena Resources Announces 5.3 Moz at 4.3 g/t AuEq Measured and Indicated Resources at Eskay Creek

About this update from Skeena Resources Limited

[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / April 7, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce an updated Mineral Resource Estimate (\"MRE\"), for the Eskay Creek gold-silver project (\"Eskay Creek\"), located in the Golden Triangle of British Columbia, which has been reviewed and validated by SRK Consulting (Canada) Inc (\"SRK\"). The 2021 MRE was derived from 7,583 historical surface and underground diamond drill holes totalling 651,332 metres, with an additional 751 surface diamond drill holes completed by Skeena between 2018-2021 totalling 104,740 metres. The effective date of this MRE is April 7, 2021 and an updated technical report will be filed on the Company's website and SEDAR within 45 calendar days of this disclosure. Reference images are presented at the end of this release as well as on the Company's website. 2021 Eskay Creek Resources Table 1: Eskay Creek pit constrained resources reported at a 0.7 g/t AuEq cut-off grade and underground resources reported at 2.4 and 2.8 g/t AuEq cut-off grades for long-hole and drift and fill mining, respectively (UG = Underground). Category Tonnes (000) AuEq (g/t) Au (g/t) Ag (g/t) AuEq Ounces (000) Au Ounces (000) Ag Ounces (000) Measured Pit 17,312 5.8 4.2 118.4 3,213 2,322 65,908 Measured UG 345 6.1 5.2 67.3 68 58 747 Total Measured 17,657 5.8 4.2 117.4 3,281 2,380 66,655                 Indicated Pit 20,342 2.9 2.2 52.5 1,903 1,439 34,362 Indicated UG 506 5.3 4.9 35.8 87 79 583 Total Indicated 20,848 3.0 2.3 52.1 1,990 1,518 34,945                 M+I Pit 37,654 4.2 3.1 82.8 5,116 3,761 100,270 M+I UG 851 5.7 5.0 48.6 155 137 1,330 Total M+I 38,505 4.3 3.1 82.1 5,271 3,898 101,600                 Inferred Pit 5,239 1.4 1.0 25.0 231 174 4,203 Inferred UG 429 4.9 4.1 57.0 67 57 787 Total Inferred 5,668 1.6 1.3 27.4 298 231 4,990 Pit Constrained Resource Growth Discussion The Company's Phase 1 and Phase 2 infill drilling programs were immensely successful in not only recategorizing pit constrained resources but also adding additional resources in the 22 Zone, 21A Zone, 21B Zone and the recently discovered 21C-HW Zone. Furthermore, the NEX (Northern Extension) Zone has now been incorporated into the pit constr...

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