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Skeena Resources Intersects 13.86 g/t AuEq over 25.27 metres in Hanging Wall Zone at Eskay Creek

VANCOUVER, BC / ACCESSWIRE / February 10, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to report additional dia

articleSkeena Resources LimitedFebruary 10, 20213/company/skeena-resources-ltd/news/skeena-resources-intersects-1386-gt-aueq-over-2527-metres-in-hanging-wall-zone-at-eskay-creek
Skeena Resources Intersects 13.86 g/t AuEq over 25.27 metres in Hanging Wall Zone at Eskay Creek

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[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / February 10, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to report additional diamond drill core results from the Phase 2 campaign 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 now complete. The Company has also recently completed a 5,000 m near-mine exploration program at Eskay Creek and is awaiting results. Reference images are presented at the end of this release as well as on the Company's website. Eskay Creek Infill Drilling Highlights: Hanging Wall (HW) Zone 11.56 g/t Au, 173 g/t Ag (13.86 g/t AuEq) over 25.27 m (SK-20-716) Including:123.50 g/t Au, 1,920 g/t Ag (149.10 g/t AuEq) over 0.50 m And: 85.70 g/t Au, 1,150 g/t Ag (101.03 g/t AuEq) over 2.12 m 21B Zone 15.30 g/t Au, 80 g/t Ag (16.37 g/t AuEq) over 14.00 m (SK-20-709) 21C Zone 4.41 g/t Au, 5 g/t Ag (4.48 g/t AuEq) over 22.50 m (SK-20-680) 3.20 g/t Au, 242 g/t Ag (6.42 g/t AuEq) over 19.00 m (SK-20-699) Including: 41.60 g/t Au, 4,390 g/t Ag (100.13 g/t AuEq) over 1.00 m 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. Shallow HW Zone Drilling Intersects Impressive Gold and Silver Grades Infill drilling in the HW Zone has delivered above-average thickness and grades as demonstrated by 11.56 g/t Au, 173 g/t Ag (13.86 g/t AuEq) over 25.27 m (SK-20-716). This intercept occurs only 25 m vertically below surface and is highlighted by exceptional subintervals grading 123.50 g/t Au, 1,920 g/t Ag (149.10 g/t AuEq) over 0.50 m and 85.70 g/t Au, 1,150 g/t Ag (101.03 g/t AuEq) over 2.12 m. This new intercept exceeds the tenor and width of the widely spaced historical drill holes (which were on...

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