Wednesday, July 11, 2018 11:09:29 AM
Vancouver, BC (July 11, 2018) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to report additional assay results from 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 metres is being performed from surface and underground utilizing two drill rigs. Building upon the data gathered from the Phase I campaign, the Phase II program is designed to expand newly modelled zones via widely spaced exploratory drill step outs, further delineate known mineralization in areas of low drilling density and validate the historical data in preparation for a maiden resource estimate at Snip. Reference mine sections are presented at the end of this release, and on the Company’s website.
Phase II Drilling Highlights:
16.02 g/t Au over 12.25 m (UG18-097)
11.81 g/t Au over 12.20 m (UG18-096)
18.90 g/t Au over 2.29 m (UG18-095)
5.26 g/t Au over 10.60 m (UG18-094)
5.23 g/t Au over 13.70 m (UG18-095)
Read more at:
https://www.skeenaresources.com/news/skeena-intersects-16-02-g-t-gold-over-12-25-metres-at-snip
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