Announcement Date: 2022-11-08
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Skeena Resources Ltd.
Project name: Eskay Creek
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 24m at 20.43g/t Au, 175.2g/t Ag from 44m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, BC (November 8, 2022) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) is pleased to announce additional drilling results from the 21A West Zone delineation program as part of the recently completed 2022 regional and near mine exploration campaigns at the Eskay Creek gold-silver Project (“Eskay Creek” or the “Project”) in the Golden Triangle of British Columbia. Analytical results and reference images from the recently completed drill holes are detailed in this release as well as on the Company’s website. 21A West Zone Continues to Demonstrate High Grades and Continuity Exploratory drill hole SK-22-1122 intersected high tenor gold and silver mineralization in Rhyolite facies rocks below the Contact Mudstone, averaging 20.43 g/t Au, 175.2 g/t Ag (22.38 g/t AuEq) over 24.00 m with many notable high-grade subintervals including 80.20 g/t Au, 2,790.0 g/t Ag (111.20 g/t AuEq) over 0.50 m and 65.80 g/t Au, 1.1 g/t Ag (65.81 g/t AuEq) over 0.93 m. This drill hole has expanded and predictably validated the geometry of the evolving 21A West Zone discovered in late 2021 and is situated 15 metres vertically below previously reported 2022 drill hole SK-22-1093, which intersected 47.50 g/t Au, 73.4 g/t Ag (48.48 g/t AuEq) over 12.12 m. The 21A West Zone remains open for expansion both down-dip and along strike. Occurring within the intended open-pit at a vertical depth of only 60 metres below surface, this area of the resource was never populated by previous drilling and as such was previously modelled as barren waste rock.
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